F - Definitions

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  • F

    Fair Credit Reporting Act (FCRA)

    The Fair Credit Reporting Act (FCRA) is United States federal legislation that promotes accuracy, fairness and privacy for data used by consumer reporting agencies.

  • FFIEC compliance (Federal Financial Institutions Examination Council)

    FFIEC compliance is conformance to a set of standards for online banking issued in October 2005 by the Federal Financial Institutions Examination Council (FFIEC)... (Continued)

  • FMEA (Failure Mode and Effects Analysis)

    FMEA (failure mode and effects analysis) is a step-by-step approach for collecting knowledge about possible points of failure in a design, manufacturing process, product or service.

  • FQA (frequently questioned answers)

    FQA (frequently questioned answers) are conventions or mandates scrutinized by individuals or groups who doubt their validity.

  • FTC (Federal Trade Commission)

    The FTC, or Federal Trade Commission, is a United States federal regulatory agency designed to monitor and prevent anticompetitive, deceptive or unfair business practices.

  • What is financial risk management?

    Financial risk management is the continuous process of recognizing, evaluating and mitigating potential threats to an individual's or organization's financial health.

  • What is fourth-party risk management (FPRM)?

    Fourth-party risk management (FPRM) is the process of identifying, assessing and mitigating risks that originate from the subcontractors and service providers that an organization's third-party vendors use.