OFFICIAL PUBLICATION OF THE NEBRASKA BANKERS ASSOCIATION

Pub. 18 2023-2024 Issue 2

2023 Education Calendar

For more information about these live and online education events and training tools, contact the NBA Education Center at (402) 474-1555 or nbaeducation@nebankers.org. You may also visit the NBA website at https://www.nebankers.org/education. SEPTEMBER Fall Tour September 11 Norfolk, NE Tri-State Human Resources Conference September 12-13 Overland Park, KS Fall Tour September 13 Ashland, NE Fall […]

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Digital Assets: New Types of UCC Collateral

Bitcoin? A crypto currency represented by a cartoon dog, known as dogecoin? A non-fungible token (NFT) featuring a LeBron James dunk against the Houston Rockets in 2021 selling for over $387,000?1 What are these assets, and what happens if a borrower wants your bank to accept them as collateral for a loan? Cryptocurrency and NFTs

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Tech Talk – Data Flow Diagrams 101

Have you recently been through an audit or exam and received a recommendation to develop data flow diagrams (DFDs)? Have you recently completed a cybersecurity assessment using the FFIEC’s Cybersecurity Assessment Tool (CAT) and noticed that creating data flow diagrams is a CAT Domain 4: External Dependency Management requirement under the assessment factor of “Connections”?

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UCC Article 12 – Coming to a State Near You?

In 2022, the Uniform Law Commission (ULC) introduced amendments to the Uniform Commercial Code (UCC), including a new Article 12 (UCC-12). Already introduced in over 29 states, this new Article seeks to govern certain transfers of Controllable Electronic Records (CERs). The 2022 amendments also updated Article 9 to contemplate the perfection of security interests for digital

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Washington Update: Partners in the Fight Against Elder Abuse

Each year in mid-June, we observe World Elder Abuse Awareness Day (WEAAD) — a day intended to call attention to the pervasive and worsening problem of elder abuse, including financial exploitation. According to a 2022 FinCEN advisory, elder fraud scams affect at least 10% of older adults in the U.S. annually. But because fraud and

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