Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

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

ABA Community Banking

JUNE 13, 2023

The latest episode of the ABA Banking Journal Podcast features the winners of ABA's Distinguished Service Awards for Risk and Compliance. The post Podcast: Perspectives from two bank risk and compliance leaders appeared first on ABA Banking Journal.

Compliance 52

Compliance Risk Management Training Leadership 52

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Ensure There Are Adequate Resources.

Training 195

Training Compliance Leadership Fraud 195

Insights on Business

OCTOBER 21, 2017

It’s now possible to leapfrog manual compliance processes and keep pace with regulatory change by employing advanced capabilities including cognitive computing. Promontory Financial Group, an IBM subsidiary that specializes in risk management and regulatory compliance, has trained Watson on regulatory content.

Compliance 105

Compliance Leadership Risk Management Georgia 105

American Banker

OCTOBER 7, 2020

The company's mistaken payment to Revlon creditors and other lapses are said to have contributed to Citi's recent leadership shake-up. On Wednesday, the OCC and Fed ordered the company to fix its risk management problems.

Risk Management 74

Risk Management Leadership Management Company 74

Insights on Business

JULY 18, 2018

When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note. IBM RegTech Innovations.

Risk Management 70

Risk Management Compliance New York City Innovation 70

PYMNTS

JULY 27, 2020

What a journey in the last year – leadership teams and operations in Ireland, the U.S., Australia and Singapore … rolling out Revolut’s banking operations in Europe … strengthening risk management and compliance … multiple new product launches … $580m in new equity … and customer base up around 2.5x!

United States 140

United States Leadership Risk Management California 140

Cisco

OCTOBER 4, 2022

In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems. It also spells out management oversight of IT systems, to include governance, and provides principles for auditors to address. Common AIO Risk Management Topics.

Operations 118

Operations Software Risk Management Management 118

PYMNTS

DECEMBER 20, 2016

The venture capital arm of Mitsubishi has provided new funding for treasury management firm Kyriba, reports said Monday (Dec. We will further enhance our Client Success services as we reinforce our market leadership in Japan.”.

Tools 100

Tools Capital Compliance Leadership 100

Perficient

JANUARY 16, 2024

Background On October 19 th , 2023, the Office of the Comptroller of the Currency (OCC) published an article highlighting new enforcement actions and clarifying explicit rules regarding misconduct, particularly as it relates to financial abuse by senior-level management.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Independent Banker

DECEMBER 31, 2021

For example, we don’t do mortgage lending right now, because we don’t have the compliance expertise and staff knowledge,” Silveria says. Planning for increased compliance costs. This year, Red River Bank will enhance its mobile banking and treasury management services and automate more back-office operations. In fact, 16.5%

Community Bank 144

Community Bank Community Lending Louisiana 144

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. Here are eight actions Larkin and other IT pros recommend to build awareness and reduce risks: 1. Ensure leadership buy-in.

Cyber Security 150

Cyber Security Security Software Meeting 150

Gonzobanker

DECEMBER 17, 2021

Congrats to Randy and a great management team. After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Lifetime Leadership Achievement Awards.

Fintech 143

Fintech Strategy Leadership Lending 143

FICO

JANUARY 4, 2018

Judging from the views on the FICO Blog, risk professionals are keenly interested in new ways to approach risk analytics. Here were the top 5 posts of 2017 in the Risk & Compliance category: US Average FICO Score Hits 700: A Milestone for Consumers. Using Alternative Data in Credit Risk Modelling.

Analytics 58

Analytics Data DC Millennials 58

ABA Community Banking

SEPTEMBER 29, 2021

On the latest episode the ABA Banking Journal Podcast, Berkshire Bank President and CEO Nitin Mhatre discusss Berkshire Bank's "BEST Community Comeback," a new $5 billion ESG-focused initiative at the Massachusetts-based midsize community bank. The post Podcast: Inside a Community Bank’s ESG Strategy appeared first on ABA Banking Journal.

Community 81

Community Strategy Massachusetts Community Bank 81

Insights on Business

AUGUST 15, 2018

If you managed a restaurant, would you eat there if you knew the staff dropped food on the floor? They can manage environments and keep them up to regulatory needs, but they aren’t always capable of finding highly motivated bad guys. This inadequacy puts client’s money at risk. How the leadership is measured and compensated.

How To 70

How To Risk Management Security Tools 70

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

AUGUST 17, 2016

For banking, top business drivers have included customer engagement and innovation, but also just plain old know-your-customer regulatory and compliance expectations. Now, the top challenge organizations face in turning data into an asset is leadership. BI = Leadership Tool. But, let’s face it. Not the case. Lesson learned.

Leadership 60

Leadership Tools Big Data Risk Management 60

PYMNTS

JUNE 20, 2017

Those kinds of tailwinds, if you will, show business leadership believes in procurement, and they’re investing in procurement.”. For instance, 68 percent of respondents said they have a spend analysis solution in place, while 67 percent said they have a contract management solution deployed. That’s encouraging,” Waugh said of the news.

Survey 125

Survey Data Analytics Meeting 125

FICO

MAY 17, 2023

Multiple roles across data science, risk management, marketing, operations, and lines of business can collaborate effectively to drive cross-functional change. FICO Platform delivers this with high-fidelity simulation, testing and validation, and transparency and compliance for mission-critical decisioning.

Analytics 52

Analytics Innovation Data Tools 52

ABA Community Banking

DECEMBER 5, 2019

In a world where bank CEOs often reach the corner office via serving as chief financial officer or building a career on the lending side, Clayton Legear did things differently. The post CEO Q&A: Preparing for the Storms of Banking appeared first on ABA Banking Journal.

Lending 40

Lending Risk Management Leadership Community Bank 40

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Agility : adapting rapidly and cost effectively to change.

Risk Management 120

Risk Management Analytics Leadership Big Data 120

FICO

NOVEMBER 7, 2022

You never know when you’ll get a text from your leadership about testifying in front of the Senate! TJ Horan is vice president of Product Management, leading the fraud solutions business unit. For more of my latest thoughts on fraud, financial crime and FICO’s entire family of software solutions, follow me on Twitter @FraudBird.

Fraud 52

Fraud US Payments South Carolina 52

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Agility : adapting rapidly and cost effectively to change.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Agility : adapting rapidly and cost effectively to change.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Insights on Business

DECEMBER 15, 2015

With insights from 1,060 banking executives and 1,600 retail banking and wealth management customers, the report identifies key business imperatives and tangible actions banks can take to position themselves at the center of the rapidly evolving financial services ecosystem. Agility : adapting rapidly and cost effectively to change.

Risk Management 70

Risk Management Analytics Leadership Big Data 70

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Bank project management offices. Vendor management. “I Information Management Award. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60

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. So, when the community bank’s leadership learned of a fintech that needed a bank partner to launch a credit-building tech product, they were intrigued.

Community Bank 172

Community Bank Community National Philadelphia 172

William Mills

MAY 9, 2018

Our Actionable Intelligence Management solutions help banks and mortgage companies streamline and automate manual processes, seize new business opportunities and manage compliance, all while transforming the customer experience. Product Demoed: Agile Mortgages. Key Executives. Key Investors. Kodak Alaris. One, [link].

Security 40

Security Samsung Strategy San Jose 40

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

Fintech 194

Fintech Community Regional Technology 194

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Since Richman and about 100 other bankers from LaSalle Bank in Chicago joined PrivateBancorp nearly a decade ago, the bank has grown to an $18 billion solid niche player with $10 billion in assets under management. Hats off to a decade of strong leadership and hard work. Gonzo Lifetime Leadership Award – John Glenn.

Utah 60

Utah System Community Marketing 60

PYMNTS

APRIL 11, 2018

In an interview with PYMNTS via written exchange, Thomas Kimner , head of Global Marketing and Operations, Risk Management, at SAS Institute , said the legislation will provide improved credit access to consumers, noting the reduced requirements for mortgage origination and lending. Elizabeth Warren (D-Mass.) and other Democrats.

Regulation 108

Regulation Capital Leadership Maine 108

FICO

JANUARY 5, 2023

For Public Companies, Cybersecurity Compliance with New SEC Rules will be a Top Priority. The proposed rules appreciably increase corporate accountability on cyber risk, starting from the boardroom and cascading down throughout the organization. This effort will provide a set of voluntary standards for businesses and others to adopt.

Policies 52

Policies Company Regulation Risk Management 52