Abrigo

NOVEMBER 2, 2022

Here's what to look for in a software. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." Takeaway 2 Banks should seek out collaborative, easily accessible, customizable software for streamlined construction loan automation. Selecting the right construction loan automation software.

Software 195

Software Lending Training Mobile 195

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Leveraging software to gain efficiency.

Software 195

Software Lending Philadelphia Capital 195

Abrigo

SEPTEMBER 21, 2022

Driving efficiency and reducing risk Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. Takeaway 2 Mitigate risk by reducing human error, creating detailed audit trails and leveraging real time alerts.

Risk Management 195

Risk Management Software Management Lending 195

Abrigo

DECEMBER 31, 2019

Key Takeaways The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2019. The top lending and credit blog posts focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings. Popular articles about credit, lending.

Lending 150

Lending Community Bank Software System 150

Abrigo

MARCH 14, 2022

While the sophistication of loan administration software will depend on the size of the institution and the complexity of its portfolio, some functions should be integrated: 1. Adequate loan administration software will allow an organization to access the hundreds of thousands of documents that some banks have on file. Data security.

Software 195

Software System Policies Data 195

Abrigo

FEBRUARY 16, 2024

Preparing your credit administration for the next cycle Financial institutions should consider these tips for maintaining an efficient credit process throughout the year. You might also like these on-demand webinars tackling common credit risk questions.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Register Takeaway 1 Credit unions developing or tightening up an existing MBL strategy should start by engaging the board of directors to outline goals.

Lending 221

Lending How To Risk Management Policies 221

BankInovation

MARCH 23, 2021

As credit unions increasingly pivot to digital platforms and solutions, flaws in their cyber meshes may become an expensive point of weakness. With about 5,200 […].

Software 98

Software System Operations Report 98

Abrigo

SEPTEMBER 1, 2020

SBA loan programs may provide a way to restructure existing loans for some current clients while ensuring greater portfolio stability for the bank or credit union. In addition, banks and credit unions can sell the guaranteed portion of SBA loans they make on the secondary market yet retain servicing rights and some fees. “SBA

Lending 195

Lending Risk Management Technology Survey 195

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. You might also like this webinar on credit department housekeeping. Examine existing loans and those in the pipeline carefully and adjust for risk.

Risk Management 221

Risk Management Management Lending Capital 221

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Training 195

Training Survey Resources Software 195

Abrigo

JULY 10, 2020

Using leading technology, innovative BSA/AML software providers are harnessing the power of artificial intelligence (AI) and machine learning for behavior-based analysis. Your institution is unique.Your BSA/AML software should be too. Lending & Credit Risk. Lending & Credit Risk. Learn more.

Analytics 195

Analytics Software Lending Analysis 195

PYMNTS

JANUARY 24, 2019

Also, what’s a simple and legitimate matter of credit risk ? That’s to say nothing of insiders who help with fraud, or fraud that involves legitimate holders of credit cards simply deciding to ignore their debts. Here’s a test: What’s fraud? Hint: The criminals know the difference.) However, that’s hardly the whole situation.

Fraud 174

Fraud Cards Data Comparison 174

Abrigo

OCTOBER 7, 2021

Time is ticking for institutions that must comply with the current expected credit loss (CECL) by January 2023. SEC registrants that have already adopted CECL and other experts have repeatedly advised banks and credit unions to begin their CECL implementation immediately. Time is ticking for 2023 adopters.

Software 195

Software How To Analysis Resources 195

Abrigo

SEPTEMBER 1, 2020

SBA loan programs may provide a way to restructure existing loans for some current clients while ensuring greater portfolio stability for the bank or credit union. In addition, banks and credit unions can sell the guaranteed portion of SBA loans they make on the secondary market yet retain servicing rights and some fees. “SBA

Lending 195

Lending Training Technology Survey 195

Abrigo

AUGUST 2, 2023

CRE credit risk is in the spotlight A structured approach to assessing commercial real estate risk helps banks and credit unions address inquiries about the health of CRE loans. Takeaway 3 Financial institution management can focus on mitigating risk and understanding portfolio dynamics when the analysis is streamlined.

Report 195

Report Risk Management Lending Analysis 195

PYMNTS

OCTOBER 20, 2020

Zest AI , which is developing software that it claims will help wring the bias out of lending, just got a multimillion-dollar vote of confidence. 20) announced that the global software developer Insight Partners will invest $15 million into the firm. Zest on Tuesday (Oct.

Software 130

Software Lending Los Angeles Apple 130

Abrigo

APRIL 7, 2023

Here's what to say when presenting a case for software at your institution. Reduce manual processes Making a case for loan review automation software Building a business case for most software purchases can feel like a daunting task. You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results."

Software 195

Software Lending System Risk Management 195

Abrigo

JULY 20, 2017

Allaboutrisk.com (AAR) recognizes Sageworks as a credit risk vendor in its 2017 Risk Software Report. AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The products featured in the report include: · Credit Analysis. Loan Administration.

Software 150

Software Report United States Compliance 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

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

SEPTEMBER 5, 2019

The good news is that financial institutions can take several steps to ensure they avoid troublesome software integrations, says Steven Martin of Marcato Advisors, a bank consulting firm focused on achieving success with fintech. It’s actually the last thing the technology provider wants as well – if the vendor plans to stay in business.

Software 150

Software Resources Training Community 150

Abrigo

SEPTEMBER 28, 2022

Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. Takeaway 3 Construction loan software can increase draw efficiency and increase profitability. Construction loan management software.

Lending 195

Lending Software Customer Experience Management 195

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. In other words, the greater the risk, the more covenants matter. Where are loan covenants found?

Risk Management 221

Risk Management Lending Policies Management 221

Abrigo

JUNE 22, 2017

Successful strategic plans require goals that are determined through risk identification and assessment, as well as an understanding of the different degrees of risk involved. What is risk appetite? According to a Sageworks poll, only 14 percent of credit unions surveyed have a risk appetite statement in place.

Lending 150

Lending Meeting Survey Capital 150

Abrigo

MAY 27, 2022

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. 5 Traits of the Ideal Credit Manager. Below are five traits integral to being a successful credit manager. Knowledgeable of laws that affect credit in your area.

Management 195

Management Risk Management Analysis Lending 195

Abrigo

SEPTEMBER 20, 2023

Takeaway 1 Understand the risks associated with your customers beyond the surface level. Takeaway 2 Identify concentrations of risk and try to level out potential clusters. Regulators take risk seriously, and knowing just how much risk your institution can take while remaining compliant is essential.

Compliance 150

Compliance Regulation Miami Fraud 150

Gonzobanker

MARCH 9, 2023

Mortgage lenders may be losing control of their LOS options This week, Intercontinental Exchange (ICE) and Black Knight announced an agreement to sell Black Knight’s Empower loan origination system (LOS) business to Constellation Software, Inc. The post ICE, Black Knight Selling Empower to Constellation Software: So What?

Software 148

Software Resources Marketing System 148

Abrigo

DECEMBER 22, 2015

Depending on the size of your bank or credit union, your credit department may be set up in different team structures. For the sake of this post, however, we specifically look at software intended for commercial loans. Does the software perform calculations the same way your bank currently does?

Software 150

Software Lending Analysis Comparison 150

Abrigo

JANUARY 30, 2024

Takeaway 3 ThinkBIG conference sessions can help bank and credit union professionals earn required credits for continuing education. Abrigo’s ThinkBIG conferences have been a cornerstone of learning for lenders, risk professionals, and AML/CFT professionals for more than two decades.

Conference 195

Conference Arizona Phoenix Fraud 195

Abrigo

SEPTEMBER 5, 2023

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. You might also like these on-demand webinars on tackling common credit risk questions.

Policies 195

Policies Lending Risk Management Examples 195

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. You might also like this 7-step guide to a successful software implementation. Below are six such advantages.

Management 195

Management Lending Risk Management Strategy 195

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

Strategy 221

Strategy Course Meeting Taxes 221

Abrigo

SEPTEMBER 28, 2022

Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. Takeaway 3 Manage construction loan risk better with more accurate and up-to-date data. Leveraging software to work smarter. Construction loan management software.

Lending 195

Lending Software Risk Management Management 195

PYMNTS

JUNE 30, 2020

challenger bank Allica Bank has launched using Profile Software ‘s banking programs in order to ensure small- to medium-sized business (SMB) customers a way to manage their banking and risk operations, according to a press release. Allica Bank will use Profile’s FMS.next as its core banking platform.

Software 151

Software Community Bank Resources Digital Banking 151

Abrigo

MARCH 14, 2024

You might also like this SMB Lending Insights report for banks and credit unions Download report Takeaway 1 Banks need to implement customer retention strategies to keep their valuable customers, not just attract new ones. Community lending software can help get you there. Follow this guide for strategies to stay competitive.

Lending 195

Lending Strategy Community Software 195