PYMNTS

JUNE 2, 2020

Due to a 2016 scandal in which bank employees started millions of fake accounts under peoples’ names, the bank is now under a mountain of consent orders that limit its abilities to grow the balance sheet. On Monday (June 1),Wells Fargo announced new hires for a risk-management team.

Lending 130

Lending Risk Management Maine Branding 130

PYMNTS

JULY 22, 2016

It feels like 2014 again with the ongoing popularity of alternative lending startups. It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Alternative Lending. That, experts say, would be a massive headache for these players. MarketInvoice.

Lending 100

Lending Regulation Big Data Risk Management 100

Abrigo

MARCH 23, 2016

bankers expect to lend more to businesses in 2016, and as they expand their commercial lending, some financial institutions may seek to better manage their loan portfolios and lending-related risks using loan portfolio management software. A recent survey by Sageworks found that U.S. 29 and Feb.

Software 150

Software Risk Management Lending Survey 150

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

Abrigo

JUNE 30, 2022

An institution with a high mix of fixed-rate lending will report lower betas, when in fact the true loan beta can be much higher. We have done some of these calculations using data and pricing over several institutions from the 2016-2019 rising rate environment. CRE Lending. Credit Risk Management. Learn More.

Lending 195

Lending Marketing Analysis Data 195

PYMNTS

MAY 15, 2019

In the hearing, Otting said he doesn’t like how the bank is progressing toward fixing its risk management and leadership problems, which have led to a number of issues for the bank, including customer abuse scandals in its mortgage and auto lending business.

Risk Management 122

Risk Management Leadership Lending Management 122

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending.

Lending 83

Lending Report Regulation Policies 83

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The build-back from the revelations of 2016 was a bit more of a lengthy process.

Lending 135

Lending Fraud Management San Francisco 135

Abrigo

NOVEMBER 2, 2016

Analysts examined banks with at least 25 percent of deposits held in oil- and gas-dependent counties in order to investigate the impact of direct lending to local oil and gas firms and indirect lending to companies servicing the sector. Nonperforming loans were those classified as nonaccrual or those 90 days or more past due.

Comparison 150

Comparison Regional Study Risk Management 150

CFPB Monitor

JUNE 18, 2019

The agreement represents the second fair lending settlement entered into by the Republican-led DOJ under the Trump administration. (The The DOJ also alleged that the bank’s mortgage loan policy contained a lending preference for customers within its branch footprint, which was based in majority-White areas.

Indianapolis 120

Indianapolis Lending Indiana Community 120

Abrigo

AUGUST 3, 2017

The FDIC paper The Entry, Performance, and Risk Profile of De Novo Banks published in April 2016 reports that the number of de novo bank failures and acquisitions annually has drastically declined since 2010, primarily due to the fact that new bank formations have become nearly inexistent.

Oklahoma City 150

Oklahoma City FDIC Handbook Oklahoma 150

CFPB Monitor

MAY 18, 2016

In his April 2016 appearance before the Senate Banking Committee, Director Cordray made clear that FinTech companies are on the CFPB’s radar screen. On June 23, 2016, the OCC will hold a forum in Washington, D.C. on “Supporting Responsible Innovation in the Federal Banking System.” Registration is free.

Innovation 68

Innovation Washington Risk Management Fintech 68

PYMNTS

APRIL 10, 2018

The statistic follows a push by government officials to promote lending to small businesses to drive economic growth and development, reports in FINSMES said last week. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”. .

Risk Management 123

Risk Management Analysis Survey Report 123

Independent Banker

FEBRUARY 24, 2016

A whopping 95 percent of ICBA members are active commercial real estate (CRE) lenders, according to the latest ICBA Community Bank Lending Survey. Risk-management practices “that cause concern,” the regulators wrote, include “a greater number of underwriting policy exceptions and insufficient monitoring of market conditions.”.

Community Bank 70

Community Bank Lending Community Regulation 70

Independent Banker

JANUARY 28, 2016

Anticipating safety and soundness exam issues in 2016. As in past years, community bankers will have a dynamic regulatory environment to contend with in 2016. Regulators believe that many banks are still finding it difficult to lend to as many creditworthy borrowers as they have in the past.

Community Bank 70

Community Bank Community Regulation Lending 70

PYMNTS

NOVEMBER 7, 2018

That growth was outpaced by a record number of applications, up 30 percent year on year, as LendingClub looks to spur “awareness” of the benefits of fixed-rate lending in an era where interest rates are on the rise. The company said it had loan originations of $2.9

Taxes 159

Taxes Management Risk Management Capital 159

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning.

Data 60

Data Lending Compliance Policies 60

Abrigo

OCTOBER 26, 2016

Across personal and professional platforms, bankers have experience with managing passwords to online services. Yet given the confidential nature of data often stored in web-based lending, credit risk and portfolio risk solutions, bankers have to pay special attention to potential weaknesses in password management.

Risk Management 150

Risk Management Management Lending Handbook 150

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. “This award is recognition of the strength of our idea for peer-to-peer lending and the growth we have seen since then as the idea has moved mainstream,” Giles Andrews said.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

PYMNTS

SEPTEMBER 30, 2016

The company’s clients operate in a range of industries, BlockApps said, including finance, supply chain management and payments. Alternative Lending. After alternative lending’s stellar performance last week, another company has boosted the industry’s VC reputation. Praetura announced a $23.3 OpenSesame.

Capital 100

Capital blockchain Management Lending 100

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today. However, this rapid evolution generates risks,” Rosengren said.

Boston 100

Boston Fintech Innovation Conference 100

CFPB Monitor

AUGUST 22, 2016

In January 2016, the CFPB published a notice in the Federal Register soliciting applications from individuals interested in becoming members. Linda Feighery, Vice President and Community Reinvestment Act /Fair Lending Officer for Citywide Banks, Denver, CO. Amy Nelson, Chief Executive Officer, Point West Credit Union, Portland, OR.

San Antonio 60

San Antonio Kansas City Groups CA 60

BankUnderground

JUNE 25, 2020

There is a global market for these vendors, and a wide range of functions are provided, especially back-office functions such as HR and accounting services, as well as specialised risk management and product development activities. Risks from barriers to cross-border flows of financial data.

Data 105

Data Big Data Regulation Risk Management 105

Abrigo

SEPTEMBER 22, 2021

Goal: clarity around purchased assets with credit deterioration ASU 2016-13 was intended to simplify accounting related to those financial assets that experience credit deterioration after their acquisition. Portfolio Risk & CECL. Portfolio Risk & CECL. 4 Steps for Integrating CECL and Other Risk Management Models.

Security 195

Security Examples National Report 195

FICO

NOVEMBER 22, 2018

Winner of the Best Scoring Solution 2016 from Russia’s Banking Review magazine, FICO Score 3 was developed through analysis of more than 10 million Russian borrowers and 200 million credit lines. Figure 1 shows an analysis of a group of consumers who applied for credit in 2016 and were scored with the Account Origination score.

Management 45

Management Analysis Strategy Trends 45

Gonzobanker

JANUARY 4, 2016

Tackling the topic of digital signatures , CIOs developed a specific action plan for incorporating Docusign technology into the commercial lending process. Retail executives collectively evaluated their Retail organizational structures to determine the most productive distribution of departmental ownership and experience management.

San Diego 60

San Diego Phoenix social media Strategy 60

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Construction lending has seen several stumbling blocks over the past few years.

Trends 195

Trends Lending Risk Management Arkansas 195

Gonzobanker

DECEMBER 22, 2020

Financial institutions went from having no PPP lending program at all to funding their first loan in 90 days – and this with literally last-minute regulatory guidance. BCU has worked tenaciously to create a near-lights-out lending process with its consumer originations. The Experience Award Goes to BCU , Chicago.

Idaho 181

Idaho Community Industry Strategy 181

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

What words describe 2016 GonzoBankers? We hope you enjoy our take on the good, the bad and the bigly of 2016. . The 2016 Headline That Will Give You a Headache – “Wells Fargo CEO Says the Ethics Hotline Was Mostly Ethical.” The 2016 Gonzo Marketing Medal – Goes to Elevations Credit Union for its “Egg Lending” campaign.

Utah 60

Utah System Community Marketing 60

Jeff For Banks

FEBRUARY 3, 2017

Bank lending has not been the catalyst it used to be for improved growth in this recovery compared to prior ones; maybe we can point at regulation after regulation being forced onto banks and higher, more restrictive capital requirements. If bank regulations are lifted, lending and thus growth can improve. and 2018 at 1.8% since 2009.

Marketing 60

Marketing Taxes Regulation US 60

Gonzobanker

MAY 21, 2019

The framework to assess the acquired bank is based upon Bezos’ famous 2016 shareholder letter that outlines Amazon’s core business philosophy. Imagine further that, a bit embarrassed from this mishap, Bezos sent an Amazon strategy officer to figure out what exactly the company had bought and how to make “lemonade” out of a legacy investment.

Customer Experience 112

Customer Experience Analytics Management Operations 112

Fintech Labs Insights

MARCH 1, 2017

The Dublin, Ireland-based company applied for full FCA authorization in February of 2016. Experian said that the year-long authorization process has helped it to “stress-test [its] risk management structures and the plans [it has] in place to ensure fair outcomes for [its] customers.” Peer-to-peer lending.

Risk Management 12

Risk Management Lending Tools Regulation 12

Independent Banker

JULY 28, 2016

Compliance doesn’t function effectively in a silo of solitary confinement, and the business does not produce with maximum value without the risk-management activities of compliance. Preparing for the upcoming Home Mortgage Disclosure Act or Military Lending Act (MLA) changes could be used as examples of assessing CMS performance.

Compliance 70

Compliance Training Community Bank Regulation 70

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Risk Management eBook Strategy 221