March 26, 2024 Add to Calendar 2024-03-26 09:00:00 2024-03-26 09:00:00 Ensuring Safety and Soundness with AI Listen On: Key Takeaways: [03:48] The regulators are very focused on fairness in lending especially when it comes to using AI and outside models. The industry is moving very fast. [08:25] Articulating a business use case and how partnering with a Fintech can support it is the first step in having a successful conversation with your board. [10:30] Talk to your account executive at your Fintech and have them help you overcome objections.  [15:01] Plan for oversight. It is not set and forget it. Your regulators are going to want to know how you are overseeing that from a 3rd party risk management standpoint. [15:47] Have a handle on your reserves and capacity for lending and start small and grow slowly. Web NAFCU digital@nafcu.org America/New_York public

Ensuring Safety and Soundness with AI

Consumer Lending, FinTech

February 28, 2024 Add to Calendar 2024-02-28 09:00:00 2024-02-28 09:00:00 Navigating the Threat of Social Engineering and Misinformation Listen On: Key Takeaways: [1:01] What is threat intelligence, and why is it important to CUs? [2:14] What are threat intelligence feeds, and what role do they play in strengthening CUs? [4:41] Leveraging threat feeds and integrating intelligence into tools is crucial. [6:35] Learn what threat CUs should be most concerned about. [7:39] Phishing is ever-evolving, and user awareness is critical. [10:43] Learn how Defense Storm uses feeds to protect its customers. [13:28] Threat intelligence is not as complicated as some think; initiation can be easy through Slack, discussions, and a reporting culture. Web NAFCU digital@nafcu.org America/New_York public

Navigating the Threat of Social Engineering and Misinformation

Cybersecurity

February 27, 2024 Add to Calendar 2024-02-27 14:00:00 2024-02-27 14:00:00 Risk Management & Modernization: Bridging the “GAP” on Refunds About the Webinar Join Allied Solutions’ John Elias and Peter Krall as they provide timely insights into the regulatory landscape, and strategic approaches to navigate the complexities of refunds on VPPs like that of GAP waivers on vehicle loan servicing contracts, ensuring compliance and maintaining a commitment to members' financial well-being.  Key takeaways:   Market conditions and insights into regulatory oversight  Innovations for future-proofing your credit union by mitigating refund-related risks  Market projections and implications   Register Here Web NAFCU digital@nafcu.org America/New_York public

Risk Management & Modernization: Bridging the “GAP” on Refunds

January 23, 2024 Add to Calendar 2024-01-23 14:00:00 2024-01-23 14:00:00 Beneficial Ownership Reporting Is Here: What You Need to Know About the New Reporting Requirements About the Webinar  Did you know that a new federal rule starting January 1, 2024, requires more than 32 million small businesses to report the personal information of business owners to a new federal database? This webinar will review the Corporate Transparency Act (CTA), who is and isn't required to report beneficial ownership information (BOI), and the benefits of working with a trusted provider to simplify CTA complexity. Key Points ·         What is the Corporate Transparency Act ·         Who is—and who isn’t—required to report BOI ·         When, where, and how BOI reports are filed ·         The benefits of working with a trusted provider to simplify CTA complexity Additional Resources BOI Resource Page Should you file a BOI? 23 Exemptions from the Corporate Transparency Act For questions or to request a credit union kit, contact Sheetal Kamani, Head of Partnerships: Sheetal.Kamani@wolterskluwer.com View On-Demand Web NAFCU digital@nafcu.org America/New_York public

Beneficial Ownership Reporting Is Here: What You Need to Know About the New Reporting Requirements