OFFICIAL PUBLICATION OF THE COMMUNITY BANKERS ASSOCIATION OF KANSAS

July 17, 2023

Adopting a Holistic FRAML Approach to Fight Financial Crime

As digital payments and online transactions increase, the risk of bad actors fraudulently using these channels is growing as well. The United Nations estimates that 3% to 5% of the global GDP — around $5 trillion — is laundered each year across the world. Fraudsters steal billions of dollars annually from organizations and individuals in

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10 Reports Every Bank Should Run Now

Banking Management Reports for Today Financial institution executives are reporting increased or significant concerns about interest rates, credit risk and liquidity — worries that only add to the number of figurative plates they are spinning. How can banks quickly spot warning signs so they can act during volatile economic, industry and institutional conditions? Data-driven decisions

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Lenders Covered by New Small Business Data Rule

The Consumer Financial Protection Bureau (CFPB) has issued its final rule to implement the rule required by Congress that is intended to increase transparency in small business lending, promote economic development and combat unlawful discrimination. This is probably the last provision of the Dodd-Frank Act of 2010 to be implemented. The CFPB stated that it

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RESULTS Tech Talk: Multi-Factor Authentication — How Having a Layered Defense for Your Bank Can Help to Combat Cyber Threats

As a leader and decision-maker at your bank, you know that technology is a double-edged sword. It helps you work effectively, learn more about your customers, and make better decisions. But the online world also has the potential to destroy a business you’ve worked so hard to build. We live in a digital world —

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Value Added: High Baseline Yields Accompany Surprisingly Wide Spreads

If your responsibilities include your community bank’s bond portfolio, you’ve been confounded by several elements of its performance in the last 18 months. To the extent your portfolio has mortgage-backed securities (MBS) and government agency bonds, and the clear majority of all bonds owned by banks are in these two categories, they’ve certainly lost value

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