NCUA’s Basics of Data Processing Contracts Resource

The NCUA has released the Basics of Data Processing Contracts, which provides detailed, comprehensive instructions on negotiating contracts with third-party vendors for digital services.  The guidebook covers the elements of the contracting process, including: Requesting and evaluating bids; Performing due diligence on potential vendors; Negotiating terms, including pricing, performance requirements and liabilities; and Contract management and compliance. The guide comes … Read More