Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems.

System 195

System Regulation How To Lending 195

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Part of the reason for the lack of training may be the absence of any formal loan reviewer training resources, so why don’t we start thinking about what a loan review curriculum might look like?

Training 195

Training Lending Risk Management Guidelines 195

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Risk Management 52

Risk Management Mobile Management Compliance 52

Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Takeaway 3 Use these tools to consider how much their resources can support while meeting regulatory expectations. Learn more helpful information in this on-demand webinar, "Create and maintain a successful loan review function."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

FEBRUARY 29, 2016

Two-thirds of bankers in a recent poll said their allowance for loan and lease losses (ALLL) is primarily calculated by only one or two people in the institution, according to Sageworks, a financial information company that provides loan portfolio and risk management solutions to banks and credit unions.

Risk Management 150

Risk Management Resources Compliance Survey 150

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Abrigo

MAY 9, 2022

Best Practices for Third-Party BSA/AML Assistance Collaborating with a third-party BSA/AML vendor can save time and money when it comes to sanctions compliance. Takeaway 1 Staffing issues are increasingly named in regulatory consent orders, and inadequate resources can lead to criticism during exams. Watch Webinar. Learn More.

Compliance 195

Compliance Fraud Regulation Resources 195

Abrigo

NOVEMBER 15, 2019

In fact, banking regulators are in the process of issuing updated guidance on loan or credit risk review systems as a standalone document (rather than as part of guidance related to the allowance for credit losses as it is now) to emphasize their importance in broader risk management efforts. Keys to effective loan review.

System 150

System Lending Compliance Risk Management 150

Abrigo

JANUARY 24, 2024

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape."

FDIC 195

FDIC Regulation Strategy Data 195

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. You might also like this on-demand webinar, "Identifying emerging CRE risks." help financial institutions adapt quickly to trends.

Report 195

Report Lending Trends Data 195

Abrigo

JUNE 3, 2016

“Understanding and documenting what is driving your institution’s credit risk today will be important when forecasting expected credit losses under CECL, not to mention that these actions minimize risk in the loans you’re underwriting today,” said Sageworks Executive Risk Management Consultant Tim McPeak.

Risk Management 150

Risk Management Analysis Examples Training 150

Abrigo

JULY 10, 2015

Compliance is often a loaded word for bankers. While regulations within the banking industry are, of course, a necessity, the ongoing conversation about striking a balance between mitigating risk and overregulation continues in government, media and financial institutions themselves. By nature, a bank is set up to withstand some risk.

Compliance 150

Compliance Risk Management Regulation Management 150

Abrigo

AUGUST 8, 2021

As regulators described “practices generally considered consistent with safety-and-soundness standards,” they revised loan review guidance to reflect the broader importance of credit review to risk management. It also monitors compliance with applicable regulations and laws. Watch Webinar. Lending & Credit Risk.

System 195

System Lending Policies Regulation 195

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Insights on Business

MARCH 20, 2019

Internal audit provides independent, objective assurance over an organization’s risk management, internal control, governance and the processes in place for ensuring effectiveness, efficiency and economy. It has proven to be a valuable tool for effectively managing business risk and improving organizational performance.

Compliance 79

Compliance Risk Management Management Policies 79

Abrigo

MARCH 24, 2023

Best practices for your BSA/AML risk assessment Learn top tips for creating a risk assessment to capture your credit union's risk. You might also like this resource: "BSA/AML risk assessment checklist." READ Takeaway 1 Documentation is one of the most critical aspects of performing a risk assessment.

Fraud 195

Fraud Compliance Examples Analysis 195

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. In a recent Abrigo webinar presentation by John Geiringer, partner at the law firm Barrack Ferrazzano , John recapped exam findings and consent orders from 2019. Creating a Culture of Compliance. This is a must-have risk management concept.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? How the institution wants to use FedNow.

Fraud 195

Fraud Payments Security Resources 195

Abrigo

FEBRUARY 25, 2022

You might also like this webinar on BSA/AML regulatory hot topics. Be prepared to show your risk protocols to an examiner who has concerns about accounts with potential for higher risk to make a case for your institution’s decision. 10 NBFI AML Compliance Essentials. Learn More. BSA Rules and Regulation. BSA Training.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

APRIL 12, 2016

Nevertheless, the Supervisory Insights publication “incorporates more recent guidance and technical resources, including significant bank-governance insights and experiences that have been gained since 1988.” Risk management culture What exactly is a risk management culture? Evaluating risk management.

Management 150

Management FDIC Risk Management Community Bank 150

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Here are the top resources. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Major consumer loan compliance regulations.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Read resources provided here to see what they're saying.

Examples 221

Examples Fraud Resources Risk Management 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. Others explain common and emerging fraud trends that compliance staff are working to prevent. Here are Abrigo’s 10 top AML and fraud blogs in 2023.

Fraud 221

Fraud Training Compliance Trends 221

FICO

MAY 18, 2020

Companies are facing immediate, unprecedented demand from customers – literally a month’s worth of calls in a day, aggravated by a 50% staff absence rate and the loss of call centre resources such as those in Manilla and India. Watch the webinar for more information. by Bruce Curry.

Regulation 52

Regulation Operations Management Data 52

Abrigo

APRIL 12, 2021

Meanwhile, many banks or credit unions find it more cost-effective in terms of resources to use a third-party solution that is already developed. Compliance. Developing a commercial LOS takes time and resources. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Risk Ratings.

System 338

System Lending Software Analysis 338

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

FICO

APRIL 19, 2021

Join Us for the Webinar ‘Off to a New AML World – the Crypto Challenge’. To share what we’ve learned about the financial crimes compliance risks associated with crypto, I am delighted to announce an exciting session at FICO’s upcoming Virtual Event, “Success Realized: Digital Transformation Delivered,” which runs April 26-30.

cryptocurrency 52

cryptocurrency Bitcoin Compliance Resources 52

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. Community bank marketing resources. A complimentary webinar presenting the highlights of the results.

Community Bank 60

Community Bank Apple Community Technology 60

CFPB Monitor

JULY 5, 2022

As the OCC updates its redlining examination procedures, the Acting Comptroller should ensure that the Compliance Risk Policy Division takes into account new types of analyses being performed when it documents the steps that examiners should take in evaluating potential redlining violations.

Lending 78

Lending Report Policies Handbook 78