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Commercial Real Estate or Business Lending: Which Is Better?

Jeff For Banks

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. In a world of limited resources, which should you dedicate resources to pursue? In a world of limited resources, which should you dedicate resources to pursue?

Lending 78
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FinCEN announces $8 Million BSA Enforcement Action: The Resurrection of AML Penalties

Abrigo

Now is the time for community financial institutions to pay attention. Millions of dollars in suspicious activity were not reported to FinCEN in a timely or accurate manner, including those connected to tax evasion, illegal gambling, money laundering, and other financial crimes. . Fundamentals of BSA.

Resources 195
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Remembering 9/11 – A Pivotal Day for BSA/AML Professionals

Abrigo

BSA was intended to detect illicit activity through cash and monetary instruments to catch tax evaders using secret foreign bank accounts. See Part I: Implications for Community Financial Institutions. Stay up-to-date on the latest FinCEN Priorities. Criminalizing Terroism Financing. USA PATRIOT Act enacted. soil. .

Training 195
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The Need for a FinCEN Database

Abrigo

Customer due diligence (CDD) and enhanced due diligence (EDD) have become common phrases in the anti-money laundering community. This was long before the United States passed legislation in 2018 to unveil the secrecy of legal entity ownership. The importance of CDD and EDD around beneficial ownership.

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Reading The Tea Leaves Of Post-Pandemic SMB Lending

PYMNTS

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. We had to navigate our resources internally to focus on doing that many loans that quickly.".

Lending 233
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Genesis Molds Treasury Management For The Crypto World

PYMNTS

Earlier this year, CoinDesk data revealed more money was raised via ICO in the first quarter of 2018 than in the entirety of 2017, totaling $6.3 “Most blockchain startups are protocols or platforms, so they have a community to build before they even get to end users,” Klippsten continued. billion raised via ICO in July.

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Blockchain Is Making Its Way Into The Energy Industry

CB Insights

Live briefing: BLOCKCHAIN TRENDS IN 2018. Join us for a deep dive into blockchain in 2018. This means they don’t need to go through the utility, which is the central grid that provides electricity to most American communities. We’ve also outlined initiatives taken on by large companies and governments. First Name.