Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 208

Community Bank Community Guidelines Risk Management 208

Abrigo

DECEMBER 4, 2015

Sageworks banking industry experts are winding down a busy year of disseminating information and facilitating discussions on regulatory changes, such as the FASB’s upcoming move to the current expected credit loss model (CECL), and on best practices for portfolio risk management and credit analysis.

North Carolina 150

North Carolina Ohio DC Regional 150

Abrigo

JULY 10, 2015

While regulations within the banking industry are, of course, a necessity, the ongoing conversation about striking a balance between mitigating risk and overregulation continues in government, media and financial institutions themselves. By nature, a bank is set up to withstand some risk. Chief Risk Officer at U.S.

Compliance 150

Compliance Risk Management Regulation Management 150

Gonzobanker

APRIL 28, 2016

The amount of regulation in the financial industry is staggering and has understandably been top of mind for most CEOs. That’s down slightly from the 2015 level, but still one of CEOs’ top three concerns overall. The best banks aren’t just compliant with new regulations. Regulation Cockroach Approach (5) Dodo Approach (1) Score.

Regulation 60

Regulation Management Community Bank System 60

Abrigo

JULY 29, 2015

Results from the 2015 Sageworks Bank & Credit Union Examination survey cited that given the role of credit underwriting and administration in maintaining asset quality and in ensuring the bank’s sound financial condition, these areas received scrutiny from examiners from each regulatory agency.

Survey 150

Survey Regulation Policies Risk Management 150

Abrigo

SEPTEMBER 28, 2015

At the 2015 Risk Management Summit hosted by Sageworks, a panel of banking industry experts provided tips for bank and credit union professionals to put their institutions in a better position for transitioning from the incurred-loss model when the time comes. Do This Capture data.

Risk Management 150

Risk Management Data Regulation Management 150

Abrigo

MAY 8, 2015

There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations. He commented that regulations are likely to generate at least somewhat of a burden, but many provide public benefits that offset any burden imposed on community banks.

Community Bank 150

Community Bank Community How To Meeting 150

Abrigo

OCTOBER 2, 2015

banks and credit unions, according to Graham Dyer, senior manager in Grant Thornton’s National Professional Standards Group. Under CECL, Dyer said recently at the 2015 Risk Management Summit presented by Sageworks, “We’re required to make forecasts of the future – that’s the big hang-up.”

How To 150

How To Risk Management Analysis Management 150

PYMNTS

JUNE 21, 2016

Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. Its survey, the chamber said, suggests that the nation must heighten its capabilities of providing finance to its businesses, especially those struggling on account of regulation. What Regulation Does.

Survey 101

Survey Regulation Compliance National 101

PYMNTS

APRIL 20, 2016

The world of corporate treasury management has of late had to focus especially hard on the management portion of the job description. And with good reason, as a slew of regulations, spanning Dodd-Frank, Basel III and the money market Rule 2a-7 reform, have kept treasurers on their toes mastering the devils that lie within the details.

Taxes 100

Taxes Regulation Management Marketing 100

Fintech Labs Insights

MAY 18, 2016

In the case of Scalable Capital, what’s new and noteworthy about their effort to make investing easier is its proprietary risk management technology. Give average investors the same level of risk management as wealthier investors and watch the investment returns for individual investors improve. Stefan Mittnik.

Risk Management 20

Risk Management Capital Management Retail 20

FICO

JUNE 26, 2020

Analysis of FICO® Resilience Index data by Tom Parrent, former chief risk officer for Genworth Financial, shows that from 2010 to 2015, nearly 600,000 additional mortgages could have been originated to consumers with FICO® Scores between 680 and 699, had the FICO® Resilience Index been available to lenders at the time.

Analytics 98

Analytics Analysis Tools Capital 98

Abrigo

OCTOBER 30, 2015

To help mitigate the increased credit risk, banks need to have appropriate risk management processes, including the ability to measure, monitor and control the risk, according to Curry. One area of credit risk that is concerning to the OCC is auto lending, which has been steadily growing in recent years.

Lending 150

Lending Trends Risk Management Community Bank 150

BankUnderground

APRIL 27, 2021

In doing so, repo markets support a wide range of investment and risk management activities for banks and other financial market participants such as pension funds. We use repo volumes data collected by the Prudential Regulation Authority on 17 banks in the gilt repo market and repo rates data from Bank of England’s Bankstats.

Marketing 106

Marketing Policies Regulation Analysis 106

Cisco

AUGUST 9, 2022

As these have attacks have evolved, regulatory bodies have updated their regulations to account for the increasing threat of cyber risk. In 2015, following a significant increase in nation state and hacktivist attacks on U.S. External Dependency Management. Cyber Incident Management and resilience.

Tools 114

Tools Leadership Handbook Security 114

Independent Banker

MAY 24, 2016

This leaves federal crop insurance support as a key risk-management tool. It’s a crucial risk-management tool” for 1.7 In a surprise move, congressional leadership sought to reduce the crop insurance program by $3 billion at the end of 2015 to offset other spending initiatives. Robert Johansson, USDA economist.

Community Bank 70

Community Bank Kansas City Community Iowa 70

Celent Banking

JANUARY 22, 2015

Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions. Perhaps the P2P lending company that has best understood and dealt with this issue so far is Afluenta; working with regulators in each country to adapt its model and operate under authorization of the financial regulator.

Maine 100

Maine Lending Regulation Risk Management 100

Abrigo

OCTOBER 23, 2015

Behringer, McGladrey’s national leader for credit risk services. Portfolio stress tests can provide a number of benefits beyond compliance with regulatory expectations, Behringer said recently at the 2015 Risk Management Summit hosted by Sageworks.

Capital 150

Capital Analysis Examples Risk Management 150

Fintech Labs Insights

NOVEMBER 18, 2014

I''ve got another installment or two in the pipeline, but since it''s already starting to feel like we are making our final descent into 2015, I wanted to take a step back and explain WHY those projects rose to the top. Consumers actually do gravitate towards one source if they believe it''s delivering value across disparate items.

Lending 30

Lending Mobile Online Digital Banking 30

Independent Banker

FEBRUARY 24, 2016

“I know that unnecessary regulation saps the strength of community banks.” Federal banking regulators are always alert to emerging safety and soundness issues. Our examiners report that they are finding weaker protective covenants, extended maturities and a layering of risks in loan portfolios. Curry, U.S. An interview with U.S.

Community Bank 70

Community Bank Community Regulation Compliance 70

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Siphoning customers. These insights emulate relationship banking.

Community Bank 70

Community Bank Community Analytics Lending 70

Jeff For Banks

JUNE 2, 2023

between 2015 and 2022. 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. To you, manage your interest rate risk.

FDIC 78

FDIC Community Bank Regulation Lending 78

CB Insights

SEPTEMBER 22, 2017

At the current run rate, deals in 2017 are on track to hit a new high, while funding is on pace to grow 14% to nearly match record funding levels set in 2015. We define regtech as companies that focus on simplifying and streamlining compliance, risk management, reporting, data management, regulatory processes, filings, and more.

Compliance 46

Compliance Trends Software Capital 46

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

Jeff For Banks

JANUARY 16, 2016

Its stock markets are said to have led the world markets plunge, with clumsy attempts by their regulators’ circuit breakers to stem declines actually making them worse. Between February and November, 2015, foreign capital was pulled out of the country to the tune of $843 billion. They said they would raise rates in 2015 and they did.

Community Bank 60

Community Bank Atlanta Data Marketing 60

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

Gonzobanker

DECEMBER 22, 2015

Well, what do we say about 2015? And, give or take a stumble or two, we snuck through it and did a reasonable job on 2015 objectives, in our humble opinion. So, it seems we’re good with only one outstanding item—digest the 2015 GonzoBanker Awards! 2015 Executive Call-out. Regulator Award. ” – Tom Armstrong.

Community Bank 60

Community Bank Apple Community Technology 60

Abrigo

JUNE 15, 2023

billion laundered between 2015 and 2020 through the U.S. billion was laundered between 2015 and 2020 through the U.S. has lagged in passing laws and regulations preventing criminal proceeds from flowing into real estate. Takeaway 1 Real estate money laundering is a serious issue, with an estimated $2.3 real estate market alone.

Training 195

Training Regulation Compliance System 195

PYMNTS

AUGUST 12, 2016

Upserve is said to have a fancy, slick restaurant management algorithm that could help Square Capital refine its own fancy, slick risk management algorithm to make better lending decisions. So, having easy ways to pay for those global citizens to pursue their goals — a total Sizzle. Apple And The Aussies.

Lending 100

Lending Apple Cards Study 100

PYMNTS

OCTOBER 1, 2018

The investigation also discovered irregularities with asset management arm LC Advisors (LCA), a sub-unit of the company dedicated to using loans to construct funds for investors. As of December 2015, there were six such funds, each with certain loan lengths and qualities that could be included in the fund.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

DECEMBER 13, 2015

It consists of an inherent-risk profile and a section by which institutions can figure their “maturity” or preparedness for trouble. For background, see “A New Tech Tool,” Independent Banker, October 2015.). Risk levels have a five-point range. No one knows yet how in-depth the regulators might want those assessments.”.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

It consists of an inherent-risk profile and a section by which institutions can figure their “maturity” or preparedness for trouble. For background, see “A New Tech Tool,” Independent Banker, October 2015.). Risk levels have a five-point range. No one knows yet how in-depth the regulators might want those assessments.”.

Tools 70

Tools Community Community Bank Security 70

Celent Banking

JULY 24, 2015

The phase-in of the LCR started on January 1, 2015. Banks must hold enough high quality, liquid assets (HQLA) to fund their operations during a 30-day stress period. Examples of high quality assets include central bank reserves and government and corporate bond debt.

United States 100

United States Operations Management Capital 100

Abrigo

JANUARY 12, 2016

Risk rating practices for the loan portfolio can draw scrutiny from regulators, to be sure. One of every six financial institutions responding to the 2015 Sageworks Bank & Credit Union Examination Survey said that examiners criticized or required action related to their risk ratings practices.

System 150

System Risk Management Management Exercises 150

FICO

DECEMBER 21, 2016

To help in those efforts, regulators are requiring firms to improve their KYC programs with more detailed data and advanced analytics. We even see the opportunity for cloud-based consortia of companies, which share their data and experiences much as credit bureaus do, to improve the risk management for all participants.

Compliance 40

Compliance Analytics Taxes Groups 40

Jeff For Banks

JULY 15, 2013

Even though nothing had changed in the economic realm, the Fed implied that easing is about to end and then they said it will not end—short term rates will remain low until 2015. If they do not tighten until 2015, two years from now, shouldn’t the math be similar—especially with lower inflationary expectations today?

Marketing 81

Marketing Dallas Policies Groups 81

Fintech Labs Insights

JANUARY 7, 2016

If you add the $6 billion in new capital raised in the IPOs of Worldpay, Square and First Data, the 2015 total is a nice even $25 billion. Here are the deals by size from 26 Dec to 31 Dec 2015: Weijinsuo. Credit risk management. Tags: Enterprise, compliance, social media, regulations, marketing, Finovate alum.

St. Louis 12

St. Louis social media Company Fintech 12