Independent Banker

DECEMBER 31, 2021

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

Community Bank 144

Community Bank Community Lending Louisiana 144

FICO

JANUARY 28, 2022

2022 FICO Decisions Award Winners - Decisions That Matter. I am thrilled to announce the winners of the 2022 FICO® Decisions Awards. . Everything from managing new fraud patterns and customers who need financial assistance to remote working, furloughed staff and incorporating new sanitary measures. Debt Management – Ceska.

Meeting 52

Meeting Fraud Florida Compliance 52

Perficient

SEPTEMBER 16, 2022

The letter highlighted mandatory compliance with the following federal regulations: The Bank Holding Company Act. These systems, risk management, and controls must cover: Operational risk , including: the risks of new, evolving technologies, the risk of hacking, fraud, theft, the risk of third-party relationships). Legal risk.

Compliance 275

Compliance Risk Management System Regulation 275

Bobsguide

MARCH 24, 2022

Finastra and CloudMargin Collateral Management as a Service offering accelerates compliance with UMR regulation. It’s estimated that the new Phase 6 of UMR, due to come into effect in September 2022, will affect 1,000 additional entities for the first time. Corporate headquarters. 4 Kingdom Street. Paddington. London W2 6BD.

Compliance 60

Compliance Management Regulation Software 60

Abrigo

DECEMBER 22, 2023

You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. They’ve also focused on managing interest rate risk in a rising rate environment.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

APRIL 29, 2019

They estimated the cost of supporting these payment operations at an average of 2.7 To manage their complex payment operations, digital platforms have teams averaging six to 10 employees to support the three processing relationships. All of this is proving costly for digital platforms. percent of sales.

Payments 170

Payments Survey America Study 170

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. He has an MBA from the Indian Institute of Management.

Meeting 52

Meeting Analytics Risk Management Management 52

Cisco

SEPTEMBER 20, 2022

2022 has been a bloodbath on Wall Street. Through it all, Bank, Insurance and Wealth Management decision-makers have face increased pressure to focus on three fundamental strategic priorities – Business Growth, Cost Reduction, and Risk Reduction – to accelerate digital transformation. Bear traps are everywhere. Threat of a recession.

America 104

America Video Compliance User Experience 104

Abrigo

DECEMBER 28, 2022

Most-read blogs on financial crime in 2022 Synthetic ID fraud, AML quality control, and SAR writing topics were among Abrigo's top blogs on AML/CFT and fraud this year. . Abrigo, a leading technology provider of software solutions for financial institutions, published more than 85 unique articles on its industry-focused blog in 2022.

Fraud 195

Fraud Training Compliance Regulation 195

Bobsguide

APRIL 27, 2022

Bank will accelerate its cloud strategy with Finastra’s Fusion KTP in the cloud, enabling faster access to innovation and a proactive approach to global treasury management. London, UK – April 27, 2022 – Finastra announced today that Orange Bank in France has selected Finastra’s corporate treasury management solution, Fusion KTP in the cloud.

Management 113

Management Innovation Operations Strategy 113

Cisco

JANUARY 24, 2023

The purpose of this blog is to discuss a few ways in which tooling and automation capabilities can be used to satisfy the asset management requirements of the FFIEC Operations Guide. Financial institutions are regulated to be able to manage, secure, and audit their IT assets. Or the load balancers. Or virtual machines.

Meeting 96

Meeting Regulation Management Technology 96

Bobsguide

AUGUST 7, 2022

London, UK – August 3, 2022 – Finastra announced today that The Co-operative Bank has selected Finastra Kondor in the cloud, available via Microsoft Azure, to upgrade its treasury infrastructure and automate manual reporting and processes. EMEA PR Manager. For more information about the solution, click here. Caroline Duff.

Operations 68

Operations Strategy Innovation Policies 68

Perficient

NOVEMBER 22, 2023

While the temporary pause was beneficial, it left numerous individuals still grappling with the task of managing their additional financial obligations. Rising Credit Card Debt and Interest Rate Impact Since early 2022, the Federal Reserve has raised interest rates 11 times , impacting both student loans and credit cards.

United States 221

United States Cards US Operations 221

Abrigo

DECEMBER 22, 2023

Abrigo, a leading technology provider of software solutions for financial institutions, published more than 30 risk management articles on its industry-focused blog in 2023. Those read most often in the past year include several that offer practical advice for operating AML and fraud programs.

Fraud 221

Fraud Training Compliance Trends 221

FICO

MAY 18, 2022

On our fourth and final day at FICO World 2022 last week, 24 of our customers took to the main stage to receive recognition as winners in our FICO Decisions Awards. The stories of the 2022 and 2021 FICO Decisions Awards Winners. Customer Onboarding & Management. Debt Management. ?eská Decision Management Innovation.

Innovation 52

Innovation Analytics Management Maine 52

CFPB Monitor

JUNE 30, 2022

On June 23, 2022, the Office of the Comptroller of the Currency (OCC) released its Semiannual Risk Perspective (SRP) for spring 2022. BSA/AML Compliance Risks. The OCC has long been concerned with operational risks posed to banks from cyber attacks. The OCC decries the climate risk and pollution caused by such crimes.

Compliance 78

Compliance Fraud Technology Operations 78

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Feedback must be submitted by February 14, 2022. The OCC is looking for feedback on all aspects of the draft principles.

Risk Management 78

Risk Management Management Policies Operations 78

Perficient

MARCH 3, 2021

The Covid-19 pandemic has accelerated multicloud adoption and research predicts that workloads primarily executed in cloud-based external environments will increase from 36% in 2020 to 63% in 2022. But a multicloud environment can create silos and expose a need to manage all that data. Operating expenses are high for maintenance.

Data 309

Data Exercises Management Risk Management 309

Abrigo

MAY 19, 2023

Takeaway 2 Examining the following objectives and evaluating your loan review system based on them can ensure regulatory compliance. The complexity and scope of a loan review system will vary based on an institution’s size, type of operations, and management practices.

System 195

System Regulation How To Lending 195

CFPB Monitor

NOVEMBER 29, 2021

The 2022 clarity promised by the “roadmap” presumably will supersede, once issued, Interpretive Letter #1179, which appears to function as a general stop-gap until the 2022 publications hopefully provide more detail regarding exactly how banks can attain compliance. Federal banking regulators have been busy in this space.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Wed, 08/03/2022 - 12:40. Convergence – Beyond Fraud and Financial Crime Compliance. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

Abrigo

JANUARY 31, 2023

register now Takeaway 1 While the AML/CFT industry seemed to have been in a holding pattern during 2022, regulatory movement is expected for 2023. Anti-money laundering (AML) and countering the financing of terrorism (CFT) professionals spent 2022 awaiting highly anticipated regulatory guidance, which was slow to appear.

Fraud 195

Fraud Training Regulation Trends 195

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. But fear not, compliance-conscious compadres.

Compliance 109

Compliance FDIC Strategy Fintech 109

FICO

DECEMBER 14, 2021

As we move forward into 2022, we are seeing the first signs of some interesting trends that will pick up pace across borders. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. Related scams have also been on the rise.

Fraud 52

Fraud Management Data Trends 52

Jeff For Banks

DECEMBER 16, 2022

As a point of reference, the S&P US BMI Bank Total Return Index for the five years ended December 9, 2022 was -1.21%. Twenty-six percent of the bank is owned by the Board, Executive Management, and the ESOP. As of or for the year-to-date September 30, 2022, the Company had $3.1 Silvergate Capital Corporation (NYSE: SI) #2.

Puerto Rico 78

Puerto Rico Virgin Islands Community Community Bank 78

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). This involves operationalizing AI and predictive analytics to break down silos and become central to client operations. by Darryl Knopp.

Report 52

Report Analytics Company Innovation 52

Perficient

JANUARY 25, 2023

Banks are focused on efficiency initiatives to optimize their operations and lower costs. While institutions want to increase their technology play, they are weary of overcomplicating operations. Here are five banking trends we’re forecasting for the new year.

Banking Trends 474

Banking Trends Trends United States FDIC 474

FICO

JUNE 14, 2022

Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots. Tue, 06/14/2022 - 16:25. Five fraud trends for 2022 kept cropping up and seemed to be of the most interest to our anti-fraud delegates. Convergence – Beyond Fraud and Financial Crime Compliance. Tue, 07/02/2019 - 04:56. by Adam Davies.

Fraud 52

Fraud Trends Analytics Cards 52

FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. Thu, 06/23/2022 - 12:40. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top.

Fraud 52

Fraud Management Data Compliance 52

Abrigo

NOVEMBER 9, 2022

How has CECL implementation impacted their operations and reserves for credit losses? The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. CECL's impact on operations.

Survey 195

Survey Software Resources Meeting 195

South State Correspondent

JANUARY 4, 2023

A potential economic slowdown, slower rate rises, an inverted yield curve, and deposit stress likely make 2023 a trying year compared to 2022. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Lending Training 195

Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. billion in 2021, a year-on-year growth of 65%.

Industry 471

Industry Trends social media Payments 471

Bobsguide

APRIL 27, 2022

ThreatAdvice Breach Prevention Platform is utilized by MSPs for cybersecurity management and oversight for their customers, and addresses cybersecurity in five different areas: Detect IT, Manage IT, Learn IT, Reward IT and Protect IT. Atlanta, Ga., About ThreatAdvice. ThreatAdvice, headquartered in Atlanta, Ga., Media Contacts.

Atlanta 147

Atlanta United States Tools Security 147

Abrigo

AUGUST 19, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Just as not all independent ATM owner or operator customers pose the same level of risk, not all independent ATM owner or operator customers are automatically at higher risk.

ATM 195

ATM Regulation Fraud Policies 195

CFPB Monitor

APRIL 28, 2022

iii) Operations, including associated services, functions and support, as applicable, the failure or discontinuance of which would pose a threat to the financial stability of the United States. . Effective date: April 1, 2022. Compliance date: May 1, 2022. Cyber Incident Reporting for Critical Infrastructure Act of 2022.

Report 147

Report FDIC Regulation Security 147

Abrigo

MAY 19, 2023

Besides basic compliance requirements for business borrowers such as appraisal requirements, junior reviewers also need to be aware of accounting issues affecting borrowers—revenue recognition, lease capitalization, current expected credit loss, and troubled debt restructuring. Then they told me nobody’s perfect, so I stopped practicing.”

Training 195

Training Lending Risk Management Guidelines 195