- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Insurance company Neptune Flood announced the promotion of Matt Duffy to managing director and chief risk officer.
Duffy has been with the company for three years, serving as chief risk officer. Before joining Neptune, he served as executive vice president of Enterprise Technology Solutions at Bank OZK.
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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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