Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Regulators foster prudent loan modifications.

Management 195

Management Risk Management Policies Lending 195

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

DECEMBER 14, 2023

In a banking landscape that is constantly changing with new regulations, increasing competition, and other new challenges, it is critical to maximize your strategic plan's effectiveness. This can also improve onboarding and training if your plan involves new staff or technology. Learn to identify emerging CRE credit risk red flags.

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

NOVEMBER 2, 2022

But not all technology is made equal, especially when it comes to lending software. Johnner also advises that banks provide proper training to staff members who haven’t used collaborative construction draw software before. It is not the cure without great processes, so you need staff to be trained. Construction Lending.

Software 195

Software Lending Training Mobile 195

Abrigo

SEPTEMBER 21, 2021

Credit Analysis Training. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Member Business Lending. Risk Ratings. Credit Analysis Training. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk.

Video 195

Video Analysis Risk Management Training 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." Explore Abrigo Connect.

Report 195

Report Lending Trends Data 195

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

DECEMBER 1, 2021

There will always be risks inherent in loan portfolios, and effective portfolio management and loan control functions are critical to the overall risk management function of banks and credit unions. Banks are required by regulators to have formal risk rating policies in place to determine how ratings are assigned.

Risk Management 195

Risk Management Lending Policies Management 195

Abrigo

SEPTEMBER 5, 2023

Finally, while there may be a distinction in the severity of risk of the credit exception, that assessment tends to be inherent in the exception itself rather than the subject of the exception (e.g., unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit).

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

DECEMBER 17, 2021

Takeaway 2 When evaluating a fintech partnership, ask how the vendor will help with integration, training, and ongoing success. Takeaway 3 Many FIs will price-compare vendors, but neglect to consider potential hidden costs , especially when managing multiple vendors. Are there added fees involved for training? Asset/Liability.

Fintech 195

Fintech How To Innovation System 195

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards.

System 150

System Lending Compliance Risk Management 150

Abrigo

DECEMBER 30, 2019

Their commitment should be visible within the organization, and if it is not, regulators will take notice. This is a must-have risk management concept. Enforcement actions can lead to cease and desist of any mergers or acquisitions, new branches, and in some cases no lending or other growth avenues.

Training 195

Training Compliance Leadership Fraud 195

CFPB Monitor

APRIL 1, 2021

Augmenting risk management and control practices. The agencies observe that the potential risks associated with using AI are not unique to AI, such as creating operational vulnerabilities and consumer protection risks (fair lending, UDAAP, privacy). Fair lending. Uses of AI. Overfitting (i.e. Cybersecurity.

Risk Management 78

Risk Management Training Lending FDIC 78

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns. increased operational risks.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

AUGUST 27, 2021

It alerts you to weaknesses in your portfolio and gives you an opportunity to correct them before regulators come in,” he says. And that will give your financial institution a competitive advantage because it allows you to stay on your growth trajectory rather than having to spend time on addressing regulators’ concerns. Learn More.

Video 195

Video Lending Regulation Report 195

Abrigo

DECEMBER 2, 2021

You can also incorporate the results into the asset/liability management model and develop stress testing scenarios down the road. In a competitive lending environment, many banks and credit unions are concerned about losing good-quality loans if they over-price them. Spend budget surplus on next year’s training. Learn More.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.

Risk Management 195

Risk Management Data Technology Fintech 195

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 4) @KarenGMills – Former SBA administrator in the Obama administration, Mills is now a senior fellow at Harvard Business School, writing and Tweeting about small business, lending and fintech. Learn more here.

social media 150

social media Lending Community Community Bank 150

Abrigo

JANUARY 22, 2016

.” – Albert Einstein Banks generate most of their revenue by lending money, and lending money, by definition, involves a certain amount of risk. Safe lending starts at the origination of the loan, because the most effective way to avoid a troubled loan is to never make the loan in the first place.

Resources 150

Resources Lending Risk Management Compliance 150

CFPB Monitor

AUGUST 6, 2018

It also provides guidance as to redlining risk management techniques such as (i) the regular review of assessment areas and credit market areas; (ii) evaluation of fair lending risk arising from the opening, acquiring or closing of branches and offices; (iii) evaluation through marketing and outreach programs; and (iv) complaints monitoring.

Compliance 68

Compliance Risk Management Lending Training 68

Abrigo

AUGUST 5, 2020

Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Loan grading scales, weighting, and adjustment levels should be a direct reflection of the institution’s credit culture and past lending experiences – especially those painful losses, Wear explained. “I

Management 195

Management Risk Management Trends Industry 195

Abrigo

JUNE 28, 2023

Community outreach and kudos If you or someone in your department is developing training or content for community outreach education, make sure your board is aware of those efforts. What is valuable information about your fraud and anti-money laundering/countering the financing of terrorism (AML/CFT) program? Share that with the board too.

Compliance 195

Compliance Fraud Report Trends 195

PYMNTS

JULY 8, 2016

Amex threw its hat into the online lending ring earlier this week when it announced that it will launch a program later this year that will extend lines of credit from as little as $1K to as much as $750K for qualified SMB borrowers. Investor Confidence In Marketplace Lending. Next time, guys? SMB Working Capital.

Lending 101

Lending Samsung Online Capital 101

Abrigo

NOVEMBER 25, 2019

BSA Rules and Regulation. BSA Rules and Regulation. BSA Training. Learning about obstacles to loan deal flow. The Need for a FinCEN Database. Learn More. In 2020, Improve Your BSA/AML Program by Focusing on These 4 Areas. Learn More. Cannabis Banking.

Analysis 195

Analysis Training Management Industry 195

FluentBanking

APRIL 18, 2020

It is important to know thoroughly about the syllabus and regulations of any course before enrolling in that. Banking diploma is a very common and recognized professional certification from The Institute of Bankers, Bangladesh (IBB). Though there are so many contradictions about this course, every banker wants to pass this certification.

Regulation 52

Regulation Case Study Security Management 52

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. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Lending Risk Management Policies 221

Independent Banker

JULY 28, 2016

The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. What agency is our prudential federal regulator? Do we also have a state regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

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

Independent Banker

MAY 31, 2022

“We have absolutely seen a rise in fraud of all types in recent months and years,” says Scottie Luke, senior vice president and chief risk officer for the community bank’s risk management department. Tailor cybercrime training for the home environment if your bank still has “work from home” employees.

Community Bank 134

Community Bank Community Fraud Texas 134

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

SEPTEMBER 27, 2017

The hundreds of people attending the 2017 Risk Management Summit hosted by Sageworks heard from dozens of thought leaders in the financial services industry. The Sageworks Risk Management Summit is the industry’s leading life-of-loan conference, with topics spanning business development through portfolio risk in a CECL world.

Risk Management 150

Risk Management Management Denver Chicago 150

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending. Regulation E.

Lending 83

Lending Report Regulation Policies 83

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. A loan origination system automates, manages. Here's what a loan origination system is.

System 338

System Lending Software Analysis 338

Lars Markull

JULY 1, 2020

This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines. . The user can always adjust this, get money back into his/her bank account, and train the Digit algorithm so that the savings rate should be lower. C) Risk Management. Verify Identity.

Risk Management 69

Risk Management Data Examples United States 69

Abrigo

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. Another reason for reluctance about generative AI is the highly regulated nature of banking.

Examples 221

Examples Fraud Resources Risk Management 221

Lars Markull

JULY 1, 2020

This is at the center of most Open Banking regulations and can be achieved with the right design and guidelines.  The user can always adjust this, get money back into his/her bank account, and train the Digit algorithm so that the savings rate should be lower. C) Risk Management. Verify Identity.

Risk Management 52

Risk Management Data Examples United States 52