Abrigo

MAY 5, 2022

Takeaway 2 With 2.8 Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Banking Transformed 2. And all release a new episode at least monthly. Regular, Timely Episodes. BankTalk 3.

Community 195

Community Lending Maine Resources 195

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

JANUARY 6, 2023

Check deposit fraud using “walkers” Financial institutions are seeing increased money mule scams using recruited "customers" to deposit stolen checks. Takeaway 1 Check fraud is not a new trend, but increased activity should put banks on high alert. Stay up to date on AML/CFT and fraud trends with more professional development. .

Fraud 195

Fraud Regulation Training Operations 195

Abrigo

MAY 20, 2022

Fraud on Alert for 2022 A review of SAR data , government agenc y releases, a nd fraud findings found these f raud c oncerns and trends to wat ch in 2022. Takeaway 1 An Abrigo review of SAR data, government agency releases, and fraud findings revealed fraud trends to watch for. Financial fraud post-pandemic. Fraud Concerns.

Trends 195

Trends Fraud Training Survey 195

Abrigo

MARCH 7, 2022

Experts weigh in on regulatory hot topics for 2022 Review these 10 insights into what regulators are looking for in 2022 to help your financial institution pass exams with flying colors. Takeaway 2 Planning ahead and informing management of expected changes will help financial institutions adapt to anticipated rules and guidance.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Abrigo

JUNE 23, 2023

A unified data platform helps banks organize without the headaches Abrigo Connect offers an alternative to data warehousing that lets financial institutions more easily put their data to use. Takeaway 2 Some form of data organization is a must, so financial institutions may consider alternatives like a data platform.

Data 195

Data Lending System Management 195

Abrigo

DECEMBER 19, 2022

Takeaway 2 Among popular AML resources: a guide to crypto and a checklist for wildlife trafficking red flags. Given the demands of day-to-day duties, however, it can be challenging for BSA officers and other financial crime compliance staff to find time for training and education on fraud and money laundering. Keep me informed.

Resources 195

Resources Training Fraud Compliance 195

Abrigo

JULY 21, 2021

Takeaway 1 Human trafficking and human smuggling often intersect with the financial industry. Takeaway 2 After drug trafficking, human trafficking is the second-largest criminal industry in the world. Takeaway 3 Human trafficking and human smuggling are not synonymous, and financial institutions must know the difference.

Training 195

Training National Strategy Regulation 195

Abrigo

OCTOBER 16, 2023

Takeaway 2 Participation in BaaS models, staffing changes, poor training, and failure to reassess policies post-pandemic are risk factors for credit unions Takeaway 3 Compliance officers should always be thinking about how BSA, AML, and fraud concerns impact their credit union and , ultimately , their members.

Training 221

Training Compliance Fraud Policies 221

South State Correspondent

OCTOBER 26, 2023

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

Conference 221

Conference Las Vegas Fraud Case Study 221

Abrigo

JUNE 28, 2023

DOWNLOAD Takeaway 1 Board members have a responsibility to maintain a safe and sound financial institution, and they rely on the BSA Officer's reports to help. Takeaway 2 Tools ideal for board reporting allow you to put the desired metrics into one dashboard that quickly and easily allows access to important information.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

JANUARY 24, 2024

Takea way 2 The FedNow Service has features to help prevent fraud from affecting credit unions and members. The worry is understandable, given the current impact of fraud on financial institutions and their customers or members. These include the ability to accept a payment without posting.

Fraud 221

Fraud Payments Software Policies 221

Abrigo

FEBRUARY 25, 2022

What to watch for in 2022 Expect these eight BSA /AML regulatory topics to see changes in 2022 and start preparing now to help your institution s tay up to date. You might also like this webinar on BSA/AML regulatory hot topics. Takeaway 2 Enhance policies, procedures, and processes for areas that will gain regulatory scrutiny?

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

OCTOBER 16, 2023

Takeaway 2 Participation in BaaS models, staffing changes, poor training, and failure to reassess policies post-pandemic are risk factors for credit unions Takeaway 3 Compliance officers should always be thinking about how BSA, AML, and fraud concerns impact their credit union and , ultimately , their members.

Training 195

Training Compliance Fraud Policies 195

Abrigo

JUNE 13, 2022

Takeaway 2 Learn to recognize common types of elder abuse and the red flags that may accompany them. Elder financial exploitation and elder fraud are serious crimes in the United States. Elder financial exploitation and elder fraud are serious crimes in the United States. Common types of elder financial exploitation.

Fraud 195

Fraud Training United States Survey 195

Abrigo

JANUARY 3, 2024

New BOI requirements and how financial institutions can comply Here's what FinCEN's recent final rule for beneficial ownership information (BOI) reporting says and how anti-money laundering (AML) programs will access BOI information. Takeaway 2 A December 2023 final rule establishes guidelines for who may access BOI and for what purposes.

Fraud 221

Fraud Regulation Report Compliance 221

Abrigo

DECEMBER 8, 2021

Takeaway 2 An in-person or video conference can help FIs facilitate deeper discussions and answer questions as needed. Takeaway 3 Set an agenda for the BSA/AML board training, covering topics like board expectations and suspicious activity reports. As trustees of your financial institution, each pillar is critical to the board.

Training 195

Training Resources Video Compliance 195

Independent Banker

JULY 31, 2022

And that means it can be a challenge to keep up with the latest trends in social media marketing. When we share information, we can make the industry better,” says Tim Martinson, one of the group’s founders and the marketing manager at $1 billion-asset North American Banking Company in Roseville, Minn. “We Martinson observes. “We

social media 224

social media Trends Community Groups 224

Abrigo

MAY 1, 2023

Takeaway 2 During Mental Health Awareness Month, try incorporating these activities into your AML/CFT workday to stave off stress. Keep me informed Download Strategies to destress Decrease stress during your AML/CFT workday Mental health in the workplace is essential and a topic worth discussing without fear. Takeaway 3 Stay sharp.

Strategy 195

Strategy Training Fraud Software 195

Abrigo

MAY 18, 2023

WATCH Takeaway 1 Scope and depth are useful evaluation benchmarks for your financial institution's loan review process. Takeaway 2 Examining regulatory guidelines and matching up your current loan review process can help assess roles and procedures. Watch a video on how loan review helps financial institutions achieve growth goals.

Lending 195

Lending Training Guidelines Policies 195

Abrigo

APRIL 21, 2023

Takeaway 2 Continuous loan review can uncover credits that infrequently get selected for a loan review exam but nevertheless might pose immediate risk to the institution. How to identify credits for continuous monitoring Identifying loans for limited reviews typically incorporates information and resources outside of financial statements.

Lending 195

Lending Risk Management Software System 195

Abrigo

MARCH 16, 2016

Tuesday, March 22 - 2:00 p.m. Risk ratings form the basis for broader risk management including setting the reserve, stress testing , capital and strategic planning. to 3:00 p.m. (ET) Accurate risk ratings allow institutions to better price loans and account for risk in the overall portfolio.

Risk Management 150

Risk Management How To Capital Management 150

Abrigo

AUGUST 12, 2019

ThinkBIG will provide best practices for driving growth and will deepen financial institutions’ expertise in risk management. If your financial institution is on the fence over whether or not it should attend, here are some things to consider. Learn from top banking topics from top industry experts. Earn CPE credit hours.

Conference 150

Conference Lending National Risk Management 150

Alex Jimenez

NOVEMBER 4, 2023

That being the case, I wanted to share some general observations on the conference and highlight some of the trends that stood out from sessions I attended and various discussions from the show floor. Trends That said, there was a ton of great content on all the stages. The application of AI was highlighted many times.

Conference 84

Conference Meeting Trends Fintech 84

FICO

AUGUST 16, 2022

Canada Bankcard Industry Benchmarking Trends: Q2 2022 Update. The FICO Blog releases quarterly Canadian Bankcard Industry Benchmarking trends. higher Y/Y – however, average active balance continues to trend lower than pre-pandemic levels. from a Y/Y view, the 2-cycle rates are up 19.9% (#) and 13.0% ($) respectively.

Trends 52

Trends Industry Cards Analytics 52

Abrigo

NOVEMBER 2, 2021

Takeaway 1 Financial institutions should be prepared for changes due to AMLA and its significance in AML laws. Takeaway 2 Poor culture of compliance will result in shortcomings in a financial institution's BSA/AML program. anti-money laundering laws and priorities, and financial institutions must be prepared for the changes.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

JANUARY 20, 2021

In broad strokes, open banking lays out a path and process for banks and other financial institutions (FIs) to share their customers’ data with third parties (even competitors), where that data tie into apps and new products and services. consumers and businesses use open-banking enabled products to manage their finances and make payments.

Data 188

Data Innovation Fintech Regulation 188

FICO

JANUARY 12, 2022

The changing global regulatory landscape and ever-shifting fraud vectors are just two of the biggest challenges facing financial institutions. I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management.

Fraud 52

Fraud Technology Management Trends 52

Abrigo

MARCH 24, 2023

Takeaway 2 Inherent risk and residual risk should be evaluated before mitigating factors are considered. Step two Identify inherent risk vs. residual risk Inherent risk is any activity or factor posed to the credit union, notwithstanding applying any management or risk mitigation tools. plying any management or risk mitigation tools.

Fraud 195

Fraud Compliance Examples Analysis 195

FICO

JUNE 7, 2022

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. FICO releases quarterly Canada Bankcard Industry Benchmarking trends. To catch up on the last quarter Canadian market trends, click here. We also feature US and UK industry trends. The overall payments trends show the rate is down 1.5% by Amir Sikander.

Trends 52

Trends Industry Cards Analytics 52

FICO

AUGUST 3, 2022

For payments, risk, fraud prevention and financial crimes professionals, FICO World 2022 delivered a wealth of information on rapidly emerging trends and solutions. One customer told how they had been able to deploy user defined variables in FICO Falcon Fraud Manager to track and understand payment velocities.

Fraud 52

Fraud Analytics Trends Innovation 52

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. 2:00-2:45 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

Insights on Business

SEPTEMBER 21, 2018

These are some of the concerns that I hear leaders in the financial services industry repeatedly share in my travels and I am sure will be recurring themes at this year’s largest conference in banking and financial services, Money20/20, from October 21-24. Data Transfer and Visibility Trends in Financial Services.

Conference 115

Conference Customer Experience Industry Trends 115

Abrigo

OCTOBER 8, 2014

Risk management. The greatest business concerns for the banks were regulatory compliance, growing loans and managing risk, with regulatory compliance topping the list by a wide margin. Bill Early, president of PlumDog Financial , maintains that he often asks bankers, “What sets your institution apart from competitors?”

Community Bank 191

Community Bank Community Strategy Risk Management 191

Abrigo

FEBRUARY 10, 2021

Diversifying revenue streams With the recent impacts of COVID-19, ag and financial partners alike are turning their attention to diversified income streams for financial stability. Takeaway 2 In addition to renewable energy, conservation revenue and other revenue sources are also available. keep me informed. Watch Webinar.

Lending 195

Lending West Virginia Resources Operations 195

FICO

JUNE 30, 2023

Each time this topic was brought up, it gave me a chance to reinforce what the FICO® Score is and is not designed to do. Figure 1 plots the odds-to-score relationship specifically on existing bankcard accounts, but we have observed similar trends across other products (e.g., in management science/operations research from UC San Diego.

San Diego 52

San Diego Analytics Trends Conference 52

Insights on Business

MAY 1, 2019

While deregulation has been a trend over the past few years, compliance monitoring and regulatory change management remains a top focus for financial institutions of all sizes. Financial institutions are faced with hundreds of potentially relevant regulatory alerts daily. Volume of regulatory alerts.

Compliance 122

Compliance Management Regulation Analysis 122