WEBINAR: Third-Party Risk - Lessons from High-Profile Failures
Third-party vendors can be both a competitive advantage and a source of major risk. This session examines lessons from recent third-party risk failures in banking, fintech, and payments.
Webinar Date/Time
April 21, 2026
1:00 - 2:00 pm ET
$149 Includes Playback without Expiration
About this Event
Event Description
Third-party vendors can be both a competitive advantage and a source of major risk. This session examines lessons from recent third-party risk failures in banking, fintech, and payments — and what institutions can do to avoid similar outcomes.
We’ll explore best practices for vendor due diligence, ongoing monitoring, and exit strategies, with an emphasis on regulatory expectations and practical risk mitigation.
Key Takeaways:
Review case studies of third-party risk failures and their impacts.
Apply due diligence techniques before contracting vendors.
Design effective monitoring programs for critical third parties.
Build contingency and exit strategies into contracts.
Communicate vendor risk to stakeholders and examiners.
Instructor(s)
Erin O'Donnell
Co-Founder- American Cannabis Bankers Association
[email protected]
Erin O'Donnell, Founding Partner of the American Cannabis Bankers Association, Co-Founder of BankersHub and Co-Founder and former CEO of Bankerstuff oversees product innovation and education. She has over 30 years of experience in strategic event management, specializing in technology and online delivery of content.
Michael Beird
VP, Treasury Management - Southwest Capital Bank
Founding Partner - ACB
[email protected]
Michael Beird is the Vice President of Treasury Management for Southwest Capital Bank, a canna-friendly institution in New Mexico. Michael also co-founded the ACB after spending over a decade building BankersHub, the leading online education platform in financial services, in order to bring nationally renowned speakers to smaller financial institutions, community banks and credit unions through webinars, on-demand certifications and live-streaming from conferences and conventions. BankersHub launched the industry's first Cannabis Banking Professional certification in 2020 and is now leading the effort to bridge education and compliance between these two heavily regulated industries with his co-authoring the recent Wiley book, "Cannabis Banking: Legal Frameworks and Practical Solutions for Cultivating Compliance"