Perficient

FEBRUARY 18, 2022

Hi everyone, my name is Byron Gifford, and I’m a part of the team at Perficient that specializes in helping financial services organizations transform their credit and lending operations. I’ve been helping banks and credit unions with this building block for over 27 years. And it’s a big, missed opportunity.

Lending 294

Lending Training Operations Video 294

Perficient

FEBRUARY 18, 2022

Hi everyone, my name is Byron Gifford, and I’m a part of the team at Perficient that specializes in helping financial services organizations transform their credit and lending operations. I’ve been helping banks and credit unions with this building block for over 27 years. And it’s a big, missed opportunity.

Lending 294

Lending Training Operations Video 294

Bank Innovation

NOVEMBER 15, 2018

Capital One was famously the first major bank to integrate with Alexa, Amazon's virtual assistant that resides in Echo smart speakers as well as a growing array of other devices. Voice banking -- operating one's bank account by voice -- is a hot topic in the industry today, but many questions remain.

Data 150

Data Capital Operations Industry 150

Abrigo

DECEMBER 28, 2022

Most-read blogs on financial crime in 2022 Synthetic ID fraud, AML quality control, and SAR writing topics were among Abrigo's top blogs on AML/CFT and fraud this year. . Takeaway 2 BSA pillars and board training are some topics found in Abrigo's top blogs for FinCrime professionals. Be ready for AMLA-related changes.

Fraud 195

Fraud Training Compliance Regulation 195

Perficient

SEPTEMBER 16, 2022

Additionally, the Supervisory Letter states that Board-supervised banking organizations should notify the Board prior to engaging in crypto-asset-related activities. Perficient covered a well-researched Fed paper on this topic here – NY Federal Reserve Evaluates Stablecoin Frameworks – Perficient Blogs. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

Abrigo

JANUARY 6, 2023

Takeaway 1 Check fraud is not a new trend, but increased activity should put banks on high alert. Takeaway 2 "Walkers" are used to perpetrate check fraud in person without raising red flags at the bank. Increasingly, recruiters and operators of walkers advertise their mules on underground Telegram channels. Seeking mules.

Fraud 195

Fraud Regulation Training Operations 195

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

Perficient

JULY 12, 2022

Across financial services – industries such as banking, wealth management, and insurance – the need for greater personalization has been a theme for several years. Stay tuned for more insights on a bi-weekly basis and reach out to our team with any questions or deeper conversations on the topics presented!

Industry 294

Industry Branding Customer Experience Marketing Automation 294

BankInovation

JULY 6, 2021

The need for greater operational efficiency is hardly a new topic in the banking world. Banks must increasingly contend with an accelerated customer shift to digital channels as financial institutions join forces with technology companies. […].

Operations 98

Operations Industry Technology Company 98

Abrigo

MAY 20, 2022

Last April, the FDIC released an Interagency Statement titled Model Risk Management (MRM) for Bank Models and Systems Supporting BSA/AML Compliance. The CAMELS rating is a measure of a financial institution’s risk based on an evaluation and rating of six essential components of its financial condition and operations. FDIC Update.

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

JUNE 19, 2022

Takeaway 1 The ELE tool for CECL from the Fed is aimed at reducing the operational burden of implementation ahead of the 2023 deadline. . Pronounced “Ellie,” the ELE tool for CECL is aimed at reducing the operational burden on smaller financial institutions and will support implementation, she added. keep me informed.

Tools 195

Tools Regulation Data Resources 195

Abrigo

FEBRUARY 14, 2024

You might also like this on-demand webinar, "AML/CFT hot topics for 2024: What to expect for financial crime." It helps financial institutions avoid or at least plan for financial impacts tied to sudden staffing shifts. Identify crucial AML staff positions and processes What tasks are critical to daily operations?

Training 195

Training Fraud Compliance Regulation 195

Bank Innovation

APRIL 5, 2019

With more bank-fintech partnerships, the acceptance of technological change within the C-suite, and an increasing number of entry points connecting banks to new businesses, it's no surprise that these topics resonated with readers in March. Citi Venture Investing […].

Fintech 170

Fintech Innovation Technology Operations 170

Accenture

SEPTEMBER 24, 2019

Banks are now showing a deep interest in Open Banking—at least for the corporate world—and while the level of maturity still differs among players, at Accenture we have been able to create a maturity ladder and position players along this ladder.

Analytics 150

Analytics Management Compliance Community 150

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. Financial data warehouses are centralized repositories of integrated financial data from different operational, internal, and external sources.

Data 195

Data Lending System Management 195

South State Correspondent

DECEMBER 8, 2023

Recently, the American Banker hosted their annual Small Business Banking Conference in Nashville, and as always, it was one of the better banking conferences of the year. Strike early and often to keep the customer building their relationship with your bank. We sat through almost every presentation and took pages of notes.

Conference 195

Conference Retail Community Bank Technology 195

Abrigo

AUGUST 26, 2019

The community bank model is built around customer service, but for many bank and credit union customers, the definition of “good service” has been changing over the last couple of decades. Direct Banking Satisfaction Study found that direct banks, or branchless banks that operate online, earned a higher satisfaction score among U.S.

Conference 150

Conference Lending Oklahoma Alabama 150

PYMNTS

NOVEMBER 30, 2020

Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream. Governments and central banks will be the final hurdle. “I or European central bankers and regulators. “I Privacy And Security.

Bitcoin 292

Bitcoin cryptocurrency Washington Security 292

PYMNTS

SEPTEMBER 18, 2018

It’s why real-time payments have become a hot topic, and businesses across the board are rushing to embrace them. Just ask the team at Bangladesh’s Central Bank , which fell behind hackers two years ago, to disastrous results. . $81 banks still not connected to the Zelle network. 13,198: The number of U.S.

Data 172

Data Payments Meeting System 172

PYMNTS

AUGUST 4, 2020

Among them is how banks and FIs that had moved some or all operations to cloud environments fared better. Cloud systems built on robust SQL databases for mission-critical workloads are among the instructive topics covered in the July Digital Banks And The Power Of The Cloud Tracker®. FIs, Big Tech And The Cloud.

Digital Banking 190

Digital Banking Innovation Technology Tools 190

Independent Banker

JULY 31, 2022

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. While so many things about banking have changed in recent years, social media continues to grow in its impact on prospects, customers and employees.

social media 224

social media Trends Community Groups 224

Abrigo

DECEMBER 22, 2023

download NOW Takeaway 1 The most popular blog posts on the Abrigo site reflect many of the priorities community banks and credit unions had in 2023. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Abrigo

DECEMBER 19, 2022

Abrigo’s team of former bankers, BSA officers, regulators, and other experts this year produced 18 complimentary webinars on FinCrime industry hot topics, and they created more than 20 new checklists, whitepapers, podcasts, and guides to help AML and fraud staff. MainStreet Bank overcame staffing challenges. From crypto to cannabis.

Resources 195

Resources Training Fraud Compliance 195

Gonzobanker

MAY 4, 2022

No doubt this focus on talent is at least partially the result of the sheer number of new topics requiring industry expertise. Yet every one of these are now topics that boards are asking about in terms of the FI’s strategy. combined with strong knowledge of the peculiarities of the markets, products, and systems at the bank.

Training 157

Training Survey System Data 157

Accenture

SEPTEMBER 22, 2019

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why are they doing so well?

Innovation 150

Innovation Metro Apple Marketing 150

South State Correspondent

FEBRUARY 20, 2023

Who the competition is, what the lending competition is offering, their delivery channels, and service levels can help community banks differentiate their services and enhance their competitive advantage. Analyzing the competition can also help a bank be realistic about which products it can sell and at what price.

National 195

National Lending How To Community Bank 195

Abrigo

MAY 19, 2023

WATCH Takeaway 1 Loan review departments often lack funds for training and education, but a shortage of experienced loan reviewers is a challenge for many banks. Takeaway 3 Consider what your financial institution can do to give junior loan reviewers experience in various aspects of banking to relieve senior staff.

Training 195

Training Lending Risk Management Guidelines 195

PYMNTS

DECEMBER 3, 2020

That, according to Kofax, shows a focus among business leaders on using more automation to boost operational efficiency, according to the release. That lets banks and other financial institutions cut down on times for processing, boost compliance and bolster productivity.

Resources 173

Resources Compliance Management Innovation 173

PYMNTS

FEBRUARY 5, 2020

That’s a bad moon rising for some Big Data operators. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions. are affecting the adoption of open banking.

Google 288

Google Data Regulation social media 288

CFPB Monitor

APRIL 13, 2022

Hopefully, Director Chopra will provide insights into his priorities and plans when he appears before the House Financial Services Committee and the Senate Banking Committee to testify about the report. The second change in the report’s format involves how the information presented is organized.

Report 78

Report Leadership Analysis Lending 78

PYMNTS

OCTOBER 10, 2019

Real-time payments are currently among the hottest trends and topics in the payments industry — a source of significant investment and regulatory attention, as financial institutions and other players strive to meet consumer demand for faster money movement. We don’t really see many use cases for real-time pull payments,” he said.

Payments 202

Payments Cards Trends Security 202

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

Innovation 150

Innovation Fintech Community Industry 150

Abrigo

APRIL 6, 2022

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . branch or agency of a foreign bank, and a bank or savings and loan holding company. Expand and Clarify.

Security 195

Security Regulation District of Columbia United States 195

Abrigo

NOVEMBER 5, 2014

During a recent webinar, more than 200 banks and credit unions weighed in through various polls on how they have been managing their allowance for loan and lease losses. The first topic of discussion was whether or not banks have released reserves in the past four quarters. Risk is lower, so banks would need a smaller reserve.

Trends 236

Trends Industry Strategy Operations 236

CFPB Monitor

APRIL 11, 2019

According to a Financial Times report, Ginnie Mae is considering proposals that would create federal safety and soundness standards for non-bank mortgage lenders that are similar to those that apply to banks. ” Counter-party risk will be a topic of discussion at the Ginnie Mae Summit scheduled for June 13-14, 2019.

Operations 101

Operations Report 101

South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. While every bank is now tracking the general metric, only a few banks monitor deposit performance in the category. We also want to note that a money market account’s performance is representative of a bank’s deposit base.

How To 195

How To Examples Resources Community Bank 195

CFPB Monitor

JUNE 25, 2020

The OCC has issued an Advance Notice of Proposed Rulemaking (ANPR) seeking comments in connection with a comprehensive review of its regulations on electronic activities of national banks ( 12 CFR part 7, subpart E ) and federal savings associations ( 12 CFR part 155 ). Comments on the ANPR must be received by August 3, 2020.

National 103

National Regulation Innovation Technology 103