NOVEMBER/DECEMBER 2018 | VOL. 39 | NO. 6
BY HEIDI WEIR, CFSA
BY ABIGAIL M. LYLE, ESQ.
BY SRIDHAR GUTURI
34 From the
4 Cyber Threats: How Banks can Share Information Effectively
BY KELLEY CHAMBERLAIN, CAFP
It could be argued that criminals currently have the
advantage in the cyber threat landscape. It is essential
for banks to merge the processes of fraud, AML and cyber
security to develop a functional model for today’s financial
organization and tomorrow’s regulatory environment.
14 AI and Big Data: What Compliance Professionals Need to Know
BY JOSEPH N. DURHAM, CRCM, CAMS, AND
CHRISTOPHER J. SIFTER, PMP
For years, financial services organizations have heard how
their “big data“ could revolutionize multiple areas of their
operations, including regulatory compliance. Now, emerging
artificial intelligence technologies are providing the means
to do so, at least for organizations that have their data
houses in order.
22 ADA Website Compliance
BY LEAH M. HAMILTON. J.D.
On December 26, 2017, the Department of Justice formally
withdrew its Notice of Advanced Rulemaking regarding
website compliance with the American Disabilities Act,
placing it on its “inactive list”. Now, financial institutions
are left with an unclear standard for compliance while
applicable ADA lawsuits continue to proliferate. Financial
institutions must still be cognizant of the state and federal
case law regarding ADA website compliance.
28 Virtual Currencies: What Banks Need to Know
BY STEVIE D. CONLON
Banks may be managing cryptocurrencies, or providing
services such as payment networks or custody sevices to
virtual currency exchanges. Given the heightened attention,
bank directors, leaders, managers, and those in compliance
roles need to understand virtual currencies, ICOs and tokens,
and the important regulatory risks. This article is intended
as a helpful introduction.