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

ABA Community Banking

DECEMBER 7, 2015

Regulators will be more active, says KBW expert Management Compliance Risk Management Compliance Management Compliance/Regulatory.

Risk Management 40

Risk Management Compliance Regulation Management 40

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

JULY 6, 2017

Reports Wednesday (July 5) said the FSB released the results of a survey that found banks across the globe are reducing the number of correspondent banking relationships, used for cross-border payments, as they grow increasingly concerned about falling out of compliance with anti-money-laundering and other regulations.

Report 100

Report Compliance Regulation America 100

CFPB Monitor

OCTOBER 26, 2016

The CFPB has reissued its guidance on service providers which was formerly titled CFPB Bulletin 2012-03 , and as published in the Federal Register on October 26, 2016, is now titled “Compliance Bulletin and Policy Guidance 2016-02.” ”

Risk Management 60

Risk Management Policies Compliance Exercises 60

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

BankUnderground

JUNE 8, 2023

Can prudential regulators influence current climate-reporting levels just by announcing a future shift to mandatory reporting? Figure 1: Machine learning pipeline First, we manually collect corporate reports of the biggest banks, building societies and insurance companies between 2016 and 2020 in the UK.

Policies 93

Policies Groups Regulation US 93

FICO

JUNE 30, 2016

The final CECL standard was issued on June 17, 2016. Another lesson learned from the financial crisis was that bank’s IT and data architecture were inadequate to support the management of broad financial risks. In doing so, these institutions would enhance their risk management and decision-making processes.

Compliance 45

Compliance Management Data Risk Management 45

PYMNTS

MARCH 28, 2018

Wells Faro wasn’t hit with sanctions from to the scandal until 2016, when the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency and the city and county of Los Angeles fined the financial institution $185 million.

San Francisco 115

San Francisco Los Angeles New York Risk Management 115

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

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. In particular, she discussed the strategic, credit and interest rate risks that the regulatory agencies have signaled they intend to evaluate closely this year.

Community Bank 70

Community Bank Community Regulation Lending 70

PYMNTS

APRIL 10, 2018

Regulators must keep clear heads and cannot be blindly optimistic,” the CBRC said in a report published in January. “When these constitute a sizable proportion of a company’s total annual turnover, their cash flow may be at risk.”. . Better economic performance in 2017 has led to complacency amongst risk managers.

Risk Management 123

Risk Management Analysis Survey Report 123

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

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Obviously these local lenders took notice when the Federal Reserve, the FDIC and the Office of the Comptroller of the Currency recently issued a joint statement pointing out increased risks in CRE lending. We get a lot of attention” from regulators, he says.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

NOVEMBER 28, 2018

The contention is that transactions worth an estimated $225 billion, from 2007 and 2016, may have been used as part of criminal money laundering. The charges also involve the bank not integrating the Estonia branch with its risk management and control systems. The charges are related to the bank’s branch in Estonia.

Risk Management 108

Risk Management Training Regional Report 108

BankUnderground

JUNE 25, 2020

Broadly, the Bank of England receives two main types of quantitative data from regulated firms. Second, and separately, regulators also have access to more granular data on specific types of financial agreements and transactions. Risks from barriers to cross-border flows of financial data.

Data 105

Data Big Data Regulation Risk Management 105

Insights on Business

AUGUST 2, 2018

By doing so, banks will be able to reap the full benefits of stress testing while satisfying the regulators that progress is being made. The fact that banks are struggling to efficiently aggregate data across the enterprise should come as no great surprise.

Risk Management 70

Risk Management Data Analytics Resources 70

Celent Banking

MARCH 30, 2016

All of those original 4C’s are still relevant in today’s environment when evaluating borrowers, but when considering the state of the commercial lending business in 2016, we need to think about an entirely new set of 4C’s: Constraints on capital and liquidity. Cost of compliance. Changing client expectations.

Lending 100

Lending Compliance Training Capital 100

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. Beyond Securities Transactions.

Security 100

Security Risk Management Conference Industry 100

PYMNTS

APRIL 27, 2016

The company pointed to “unintended speculation” or “mishedging” as two sources of non-obvious exposure to FX risk from within the enterprise. Deloitte noted that corporations are increasingly looking to alternative FX risk management solutions apart from derivative hedging. dollar continue to rise against the renminbi in 2016.

Analytics 100

Analytics Risk Management System Survey 100

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. 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. Do we also have a state regulator?

Compliance 70

Compliance Training Community Bank Regulation 70

CB Insights

SEPTEMBER 22, 2017

That 2017 is shaping up to be a big year for regtech is not surprising, considering the macroeconomic drivers affecting the space — including the increasing demands of the regulators and the large volume of regulation that companies are required to be in compliance with. RegTech Trends. ANNUAL FINANCING TRENDS. Track regtech startups.

Compliance 46

Compliance Trends Software Capital 46

PYMNTS

APRIL 12, 2017

With the economy growing and regulations loosening, there may never be a better time to set up a business. As of Q3 2016, less than a third of B2C SMBs and a mere 10 percent of B2B SMBs had the capability to accept payments online, according to the PYMNTS SMB Technology Index. The San Diego, Calif.–based

Payments 101

Payments San Diego Online Retail 101

PYMNTS

APRIL 6, 2017

While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate. local time after Same Day ACH Phase One rolled out in September 2016.

Resources 100

Resources Training Payments Regulation 100

FICO

DECEMBER 4, 2019

However, they have grown 26% since 2016 with the percentage of 2-cycle delinquent balances nearly doubling in that same period. The percentage of card balances that are 2 cycles delinquent are also below the 2008 level and have also been increasing since 2016. Accounts 5+ Years on Book (Veteran).

Trends 52

Trends Cards Customer Experience Regulation 52

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

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

Jeff For Banks

OCTOBER 29, 2016

I recently spoke at a Financial Managers' Society (FMS) breakfast meeting on this subject and thought I would share my comments with you. In 2016, the median sized financial institution is $1.1 billion, and the operating cost per business checking account is $710. We over-invest in under-performing branches.

Training 60

Training FDIC Community Resources 60

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

PYMNTS

JULY 3, 2017

In October 2016, nearly 200 individuals were arrested as part of a major international sting. This is done in accordance with The Package Travel, Package Holidays and Package Tours Regulations 1992. According to Europol, the European Union’s law enforcement agency, the airline industry loses nearly a billion pounds ($1.3

Online 112

Online Payments Fraud Cards 112

Jeff For Banks

NOVEMBER 1, 2017

I don’t think they have to worry too much; median household income in 2016 was $59,039, while in 1999 it was about the same at $58,655. We have seen the elimination of several regulations; the lifting of burdensome regulations will help everyone. The low unemployment rate in and of itself does not indicate that 7.6

Marketing 60

Marketing Taxes DC Community Bank 60

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. In September 2016, new leaks exposed the people connected to a whopping 175,000 Bahamian companies registered between 1990 and 2016. We expect that to change. Panama Papers was only the start.

Compliance 40

Compliance Analytics Taxes Groups 40

Gonzobanker

JANUARY 4, 2016

Today, bank executives are struggling to stay current in an industry growing ever-more complex with increased regulation, changing customer expectations and digital disruption. Check out our 2016 schedule below. 2016 GONZOBANKER ROUNDTABLES. GonzoBanker Bank Chief Risk Officer Roundtable Phoenix Apr 3-5.

San Diego 60

San Diego Phoenix social media Strategy 60

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.” ” The U.K.

Risk Management 12

Risk Management Lending Tools Regulation 12

Independent Banker

FEBRUARY 24, 2016

It’s Community Banking LIVE 2016 in New Orleans. Former Major League Baseball player and manager, chief baseball officer for the Arizona Diamondbacks. Regulators Luncheon*. For the most current information about Community Banking LIVE 2016. IB: Community bankers are the world’s best risk managers.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

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.

Boston 100

Boston Fintech Innovation Conference 100