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

DECEMBER 5, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." Watch webinar Takeaway 1 BSA Officers are the frontline defenders against financial crimes in banking institutions, and hiring the proper skill set for each BSA position is critical.

Training 221

Training Compliance Regulation Software 221

Abrigo

OCTOBER 16, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions. Resources for financial crime training can be limited.

Training 195

Training Compliance Fraud Policies 195

Abrigo

NOVEMBER 25, 2019

Key Takeaways A dynamic asset/liability management (ALM) process can inform sound decision-making in both strategy and risk – but not many FIs approach ALM this way. Many financial institutions view asset/liability management (ALM) strictly as a regulatory requirement. Both have their pros and cons. learn more.

Management 195

Management Resources Tools Strategy 195

Abrigo

OCTOBER 19, 2023

Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S. Department of Homeland Security (DHS) as a collaborative effort between government and industry to ensure every American has the resources they need to protect themselves from cyber threats.

Online 221

Online Security Resources Training 221

Abrigo

FEBRUARY 14, 2024

You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." What tasks are required per regulations? Include HR to add steps for replacing staff Submit plans to AML program executive management for approval. We can help you navigate changing AML/CFT and fraud regulations.

Training 195

Training Fraud Compliance Regulation 195

Abrigo

JUNE 19, 2022

You might also like these webinars especially for 2023 CECL adopters: "CECL Streamlined." And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. keep me informed. Related Subhead.

Tools 195

Tools Regulation Data Resources 195

Abrigo

AUGUST 7, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 A safe and sound financial institution is adequately staffed, but when staffing needs arise, it can be challenging to bridge the gaps.

Training 195

Training Fraud Leadership Resources 195

Abrigo

DECEMBER 28, 2022

You might also like this list of the year's top resources for FinCrime professionals. Abrigo's most popular financial crime blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. A lack of understanding, in turn, can affect much-needed resources.

Fraud 195

Fraud Training Compliance Regulation 195

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

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

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 11, 2023

You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles." Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences.

Risk Management 195

Risk Management Data Technology Fintech 195

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Of course, banks and credit unions are highly regulated industries, and this is increasing. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. Of course, banks and credit unions are highly regulated industries, and this is increasing. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 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

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance.

Regulation 195

Regulation cryptocurrency Policies Management 195

Abrigo

AUGUST 4, 2021

Register for the webinar: Register Now. Takeaway 1 Managing false positives and keeping up-to-date on regulatory changes continue to be a challenge for financial institutions. Managing the volume of alerts is a common challenge for BSA officers – especially when many of those alerts are false positives. BSA Rules and Regulation.

Fraud 195

Fraud cryptocurrency Survey Trends 195

Abrigo

FEBRUARY 10, 2023

You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program." Introduction Corporate Transparency Act guidance FinCrime professionals have been on high alert for new regulations since the Anti-Money Laundering Act of 2020 (AMLA) was signed into law, but updates have been slow to arrive.

Fraud 195

Fraud Training Regulation Compliance 195

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

Abrigo

MAY 9, 2022

Takeaway 1 Staffing issues are increasingly named in regulatory consent orders, and inadequate resources can lead to criticism during exams. Considering these new threats, a lack of human or technical resources to combat crime is unacceptable regardless of budget constraints—yet financial institutions report staffing issues and shortages.

Compliance 195

Compliance Fraud Regulation Resources 195

Abrigo

JANUARY 8, 2016

In addition to the challenges tied to staffing, training and time allocation, however, government auditors also described industry participants’ concerns about potential “trickle-down effects” on smaller institutions as a result of current or future regulations aimed at larger banking institutions.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

APRIL 21, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Continuous monitoring within the credit review process at banks and credit unions also supports appropriate risk communication with the institution’s management and board of directors.

Lending 195

Lending Risk Management Software System 195

Abrigo

JUNE 23, 2020

At Abrigo, we understand that making an investment in software is a serious decision that can take ample resources. From day one with Abrigo, you will have a dedicated Client Success Manager (CSM) who will serve as your advocate within the company. BSA Rules and Regulation. BSA Rules and Regulation. A dedicated team.

Software 195

Software Community Fraud Resources 195

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . The change reflects regulators’ expectations that financial institutions will develop loan review or credit review systems tailored to their specific risks and circumstances.

System 195

System Lending Policies Regulation 195

Abrigo

JANUARY 6, 2023

You might also like this list of the year's top resources for FinCrime professionals. We can help you navigate changing AML/CFT and fraud regulations. Abrigo's BSA and AML softwar e can help you manage customer or member relationships and stay compliant. BSA Rules and Regulation. BSA Rules and Regulation.

Fraud 195

Fraud Regulation Training Operations 195

Abrigo

FEBRUARY 14, 2023

The regulation, expected to be finalized in weeks, outranked BSA/AML rules, beneficial ownership requirements, and current expected credit loss (CECL) obligations. A CFPB 1071 resource page for lenders , content, and educational webinars will walk lenders through requirements and preparations. Talk to a specialist to learn more.

Data 195

Data Lending Compliance Resources 195

Abrigo

JANUARY 10, 2020

Consider leveraging valuable resources to help. If the primary goal of your asset/liability management (ALM) process is centered on meeting interest rate risk reporting requirements, then it’s likely that your institution views ALM as a cost center. Find value beyond regulation. Strapped for time to implement these strategies?

Strategy 195

Strategy Resources Management Capital 195

Abrigo

AUGUST 31, 2023

You might also like this resource, "Customer due diligence checklist." Critical KYC Asking uncomfortable questions: the personal touch Senior management may view KYC as a regulatory obligation that burdens the client experience, thus affecting the relationship.

Compliance 195

Compliance Community Training System 195

Abrigo

JUNE 10, 2020

Adequately staffed and risk-focused AML resources with good documentation are critical. Adequate, risk-focused AML resources are critical. Get adequate resources. The regulators don’t care what your budget is,” Luttrell says. Focus BSA/AML resources on risk. The recent $450,000 fine of U.S.

Resources 195

Resources Regulation Compliance Policies 195

Abrigo

SEPTEMBER 7, 2023

You might also like this on-demand webinar, "Identifying emerging CRE risks." Having dashboards or banking management reports that show the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, and other factors affecting loan growth can help a bank or credit union stay on top of and adapt quickly to trends.

Report 195

Report Lending Trends Data 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

Management 150

Management FDIC Risk Management Community Bank 150

Abrigo

NOVEMBER 15, 2019

Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards. A strong loan review function is especially important for helping financial institutions be nimble, he explained during the recent webinar “ Best Practices for Credit Analysts.”

System 150

System Lending Compliance Risk Management 150

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

Abrigo

DECEMBER 8, 2021

If the board does not understand the Bank Secrecy Act (BSA) and your anti-money laundering (AML) program, they may not fully understand their role, affecting much-needed resources down the road. For example, the Anti-Money Laundering Act of 2020 is coming, and once regulations are written, there will be implementation factors to consider.

Training 195

Training Resources Video Compliance 195

Abrigo

JULY 21, 2022

You might also like this resource, "Customer due diligence checklist." Tip for BSA Officer: Keep track of important CDD compliance information in one central location with Due Diligence Manager. . Watch Webinar. BSA Rules and Regulation. BSA Rules and Regulation. BSA Rules and Regulation. keep me informed.

Compliance 195

Compliance Training Fraud Examples 195

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. Some of the key themes our panelists discuss will focus on these main areas: 1. Volume of regulatory alerts.

Compliance 122

Compliance Management Regulation Analysis 122