Finserv Glossary

A deep dive into the development and application of artificial intelligence, with a focus on its use in the financial services industry can be found in this section.

A summary of this emerging segment offers insight into Banking as a Service, and how it enables non-bank organizations to efficiently offer regulated, compliant and secure financial services.

Learn about this growing financial services segment and see why Buy Now, Pay Later firms are readying for regulatory compliance.

This branch of the FTC enforces regulations related to advertising, marketing and financial practices, and privacy and identify protections for consumers.

Accounting

Gain a full understanding of the role of the Consumer Finance Protection Bureau (CFPB), and how oversight and regulations impact financial services.

Learn the roles and responsibilities of financial institutions regarding conflicts of interest in banking and the role of federal agencies oversight impact regulatory compliance.

In highly-regulated industries, understanding conflict of interest disclosures and the role of regulatory agencies like FINRA in protecting investors and safeguarding market integrity is vital.

Data breaches, and the use of stolen or compromised credentials are increasingly troubling for financial institutions. Gain a greater understanding of the vital role cybersecurity plays in protecting institutions and their customers.

Finance

DAM

Understand how Digital Asset Management (DAM) systems optimize workflow for bank and fintech marketing compliance teams managing regulated content.

Finance

See why financial institutions striving to land and expand customer relationships have adapted to maximize the benefits of digital transformation.

Uncover a better understanding of, and guidance for establishing, diversity, equity and inclusion initiatives with this comprehensive overview of important resources toward DE&I.

Finance

ESG

Uncover background on Environmental, Social and Governance – ESG – criteria, and its increasing importance as a function of corporate citizenship.

Learn about the Federal Deposit Insurance Corporation (FDIC), its functions, and responsibilities related to supporting the nation’s financial system.

Learn the primary role of the Federal Reserve, and how it operates to conduct the nation’s monetary policy and promote financial system stability.

The role of the FTC is to protect consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education.

For financial service marketing and compliance teams with brokers-dealers, tapping resources and regulatory guidance from agencies like FINRA is important.

A fast-growing segment in the financial services industry, fintech involves digital lending and credit, mobile payments, cryptocurrency and digital wealth management. Learn more about fintech history and developments.

Discover how the Federal Open Market Committee (FOMC) operates within the Federal Reserve and its responsibility for open market operations.

Understand the European Union’s data protection law with this comprehensive review of its function and how it impacts businesses.

GRC

Gain a strong understanding of the history and importance of Governance, Risk and Compliance programs in financial services and insurance.

ISO

Learn about ISO standards, the International Organization for Standardization, and how it impacts financial services and insurance industry marketing.

MDI is a formal federal designation for banks and credit unions that are either owned or directed primarily by African Americans, Asian Americans, Hispanic Americans, or Native Americans.

Learn more about nontraditional banks and how they function to service customers convenience, flexibility and transparency in a fast-changing marketplace.

OCC

Gain an understanding of the core functions of the Office of the Comptroller of Currency, OCC, and its critical influence on financial services institutions.

Learn about the prime rate and its impact on consumers and the financial service products.

Regulatory compliance is created and overseen by varied government agencies, requiring financial institutions to understand its rules and enforcement.

Uncover essentials to risk management, and ways government agencies and technology firms support risk mitigation for financial services businesses.

Understand detailed rules and regulations with which financial services institutions, such as the Schumer Box stipulations for consumer protection.

Learn the role of the SIPC, which oversees the liquidation of member firms that close when the firm is bankrupt or in financial trouble, and customer assets are missing.

For regulatory compliance teams, understanding this interagency body is essential. FFIEC creates uniform standards for the examination of financial institutions by its composite agencies.

Gain a better understanding of the regulations surrounding UDAAP standards in this overview of  the law, and the importance of compliance by those who offer financial products or services to consumers.