- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Neptune Flood Insurance announced the appointment of Matthew Duffy as chief risk officer.
Duffy spent the last 18 months as Neptune’s director of risk management and internal audit.
Prior to joining Neptune, Duffy worked for eight years at Bank OZK and its predecessor C1 Bank in a variety of risk roles, including as enterprise risk officer and ultimately as executive vice president, director of enterprise technology solutions.
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Big Tech digital payment apps will be subjected to increased oversight and requirements–similar to that of banks and credit unions–under a finalized rule by the Consumer Financial Protection Bureau.
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
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