Our Thoughts On Archive

Financial Services

Articles 21 - 30 of 46

Financial Services, Risk Advisory/Internal Audit
Marcy King | 1.22.2020

Continuous Monitoring and Auditing – A Growing Automation Trend in Internal Audit

Continuous monitoring and auditing are automated feedback tools used to monitor processes, transactions, IT systems and controls on a frequent or continuous

Financial Services, Risk Advisory/Internal Audit
Eric Fair | 12.17.2019

FinTech and the Risk of Convenience

Financial Technology (FinTech) companies strive to work with financial institutions and consumers to provide the ability to conveniently access financial

Financial Services, Risk Advisory/Internal Audit
Christopher Cerda | 10.10.2019

Crypto-Secured Lending

An exciting advancement in the cryptocurrency industry will allow consumers to leverage their crypto holdings as collateral for formal currency loans.

Cybersecurity, Financial Services
Schneider Downs Professional | 7.30.2019

Capital One Data Breach Exposes 100 Million Records to Seattle Hacker

Barely a week after the Equifax data breach was settled for nearly $650 million dollars, there appears to be news of an almost equally large mega-breach

Audit, Financial Services
Christopher Cerda | 7.29.2019

Delay in New FASB Standard Will Impact Financial Services

As we reported earlier, on July 17 the Financial Accounting Standards Board (FASB) voted unanimously to move forward with delaying the effective start

Financial Services, Risk Advisory/Internal Audit
Eric Fair | 7.22.2019

The Privacy of Consumer Banking Data and the Financial Data Exchange

As cyber threats and global regulations continue to intensify, the privacy and protection of consumer banking data remains a high priority of the financial

Financial Services, Risk Advisory/Internal Audit
Marcy King | 6.25.2019

National Flood Insurance Program Extension

As I watched the pounding rain from my window for the third straight day, I could only imagine the damage this unpredictable spring weather was inflicting

Financial Services, Risk Advisory/Internal Audit
Christopher Cerda | 6.12.2019

Bill S. 1564 Calls for Delay of CECL Implementation Until a Quantitative Economic Impact Study is Completed

The Financial Accounting Standards Board (FASB) issued a new expected credit loss accounting standard in June 2016. This new standard introduces the current

Financial Services, Risk Advisory/Internal Audit
Karen McCash | 4.18.2019

Financial Institutions - Regs on Regs on Regs

Last month a colleague and I were fortunate to attend the PA Bankers Association, School of Compliance in Harrisburg, PA. The training consisted of three

Business Advisors, Financial Services
Alyssa Brunatti | 3.29.2019

Financial Trustee Service Considerations

A financial trustee is a person or firm who manages property or assets on behalf of a third party. One may be appointed for various reasons, including,

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