- In June 2023, Federal bank regulatory agencies jointly issued comprehensive guidance to assist banking organizations in managing risks associated with third-party relationships, including those involving financial technology firms. This guidance includes practical instances tailored to help community banks align their risk management strategies with the specific risks posed by their third-party relationships
- In May 2022, The Association of Banks in Singapore (ABS) introduced a standardized questionnaire for use by Singaporean banks in discussions with corporate clients about environmental risks. This tool aims to gather data and identify opportunities for financing initiatives that support the transition to a sustainable, low-carbon economy. Oversight of environmental risk management guidelines rests with the Monetary Authority of Singapore (MAS) task force
- In May 2021, Wolters Kluwer's Compliance Solutions announced updates to its Deposit and IRA Document Suite (DIDS), offering a comprehensive library of banking documents for deposit and individual retirement account services
- In January 2021, MetricStream partnered with SmarTek21 to enhance customer experience by integrating AI-powered virtual agent capabilities into the MetricStream Platform and its product offerings
