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. Top Lending & Credit Risk Blog Posts of 2019.

Lending 150

Lending Community Bank Software System 150

CFPB Monitor

APRIL 10, 2019

in sponsoring a webinar, “Banking and regulatory expectations in today’s third-party risk management world,” to be held at 2 p.m. ET on April 16, 2019. Ballard Spahr is proud to be partnering with Venminder, Inc.

Risk Management 87

Risk Management Management Groups Data 87

BankInovation

DECEMBER 22, 2022

Morgan Asset Management and cash management fintech Trovata are collaborating to offer access to higher yields on corporate investments amid rising interest rates and economic uncertainty through its Morgan Money platform, a multicurrency, trading and risk management system that launched in 2019.

Management 52

Management Risk Management Fintech System 52

PYMNTS

JANUARY 28, 2019

. “This report looks to identify and unpick the challenges, and opportunities, that companies are facing today as they manage risk and enhance their corporate value,” he said in a statement announcing the report. 44 percent of executives admit to having gaps in their current risk management systems , DSS found.

Management 145

Management Risk Management Survey Security 145

Insights on Business

FEBRUARY 14, 2019

Many financial services organizations are struggling to manage their risk and compliance exposure in the face of ever-increasing challenges. The risks are varied, the data sources numerous and the relationships between entities are complex. Vivek Bajaj, IBM Watson Financial Services Vice President, speaking at Think 2019.

Compliance 125

Compliance Risk Management Case Study Meeting 125

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. We have been named as a “Leader” for both the: 2019 Gartner Magic Quadrant for Integrated Risk Management Solutions. This is a great moment for IBM.

Risk Management 70

Risk Management Compliance Management Policies 70

PYMNTS

DECEMBER 11, 2018

In its 2019 Executive Perspectives on Top Risks survey, published last week, Protiviti surveyed 825 board members across industries and across geographic markets to understand how corporations today are preparing for the year ahead. On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past.

North Carolina 163

North Carolina Survey America Big Data 163

Insights on Business

JANUARY 17, 2019

IBM will be hosting IBM Think 2019 from February 12-15 this year at a new location in San Francisco, CA. Optimizing risk, compliance and security. Return soon to read more Think 2019 financial services blogs. Digitally transforming operations, operating models and technologies to compete in a changing industry structure.

San Francisco 93

San Francisco CA social media blockchain 93

Abrigo

NOVEMBER 11, 2019

ALM | 4 minute read Key Takeaways Many financial institutions view asset/liability management as a "check-the-box" regulatory exercise. An extreme focus on using ALM to manage the risk of rising rates means some FIs overlook using ALM to grow earnings and capital, putting them at risk of underperformance.

Management 150

Management FDIC Community Risk Management 150

Abrigo

APRIL 25, 2024

SMB delinquency rates The delinquency rates of SMB loans originated since 2019, shown below, illustrate the resilience and adaptability of SMBs. Banks and credit unions that do not evolve their lending capabilities face higher operating expenses and are at higher risk of suffering increasing loss rates.

Lending 221

Lending Trends Capital Strategy 221

Perficient

AUGUST 16, 2023

In 2019, it expanded by buying its fourth branch from a competitor. Many of Perficient’s clients are now proactively utilizing a Risk and Control Self-Assessment (RCSA) approach to ensure their firms utilize an ounce of prevention to avoid a pound of regulatory cure, and avoid becoming headlines in the Wall Street Journal.

United States 221

United States Kansas FDIC Risk Management 221

Insights on Business

JULY 17, 2019

In an April 2019 survey conducted by Risk.net , IBM examined how financial firms are looking at adoption of next-generation governance, risk and compliance solutions to bridge these issues. Rank the complexity of the regulatory compliance challenges in your organization (Risk.net April 2019 study).

User Experience 79

User Experience Tools Survey Risk Management 79

PYMNTS

JUNE 29, 2020

The money represented around a quarter of the total revenue the company had between 2016 and 2019. Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed.

Fraud 327

Fraud Risk Management Report Management 327

Perficient

JANUARY 3, 2024

Without action, this temporary relief would have expired on June 30, 2024, and would have significantly impacted the industry due to an estimated 75% increase in residential non-branch locations between December 2019 and December 2022. What’s New? Reduction in inspection frequency from annually to every three years. Contact us today!

Compliance 221

Compliance Risk Management Regulation Industry 221

BankInovation

FEBRUARY 10, 2022

Digital is a low-risk, high-reward environment for cyberattacks, Andy Renshaw, senior vice president at fraud and risk management company Feedzai, told Bank Automation News. Account takeovers increased threefold between 2019 and 2021, according to […].

Fraud 98

Fraud Mobile Risk Management Management 98

Insights on Business

MARCH 15, 2019

Compliance, legal and risk professionals are looking for an end-to-end frame­work to manage compliance requirements in a way that improves overall governance, risk and compliance (GRC) program effectiveness. The strategies and practices to implement compliance obligations management enterprise-wide. March 28, 2019.

Compliance 87

Compliance Management DC Washington 87

ABA Community Banking

FEBRUARY 11, 2019

Envisioning a Future of Prevention Feature Technology Risk Management AML & Fraud Tech Management Security Operational Risk Cyberfraud/ID Theft Feature3 Fintech Compliance Compliance Management.

Meeting 72

Meeting Risk Management Compliance Fraud 72

Abrigo

OCTOBER 21, 2020

He began with a look at a Trepp chart which highlighted the percentage of loans in grace period on a monthly basis dating back to 2019. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management. Lending & Credit Risk.

Marketing 312

Marketing Lending Risk Management Retail 312

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

FICO

AUGUST 16, 2021

As the UK was only just coming out of lockdown in June 2020, this rise in spend is unsurprising, but the fact that average spending was 3.5% (£23) above 2019 levels suggests that, for those who have been able to save through the pandemic, there is confidence in their future financial stability. Missed payment rates remain low. Looking ahead.

Report 52

Report Marketing Cards Trends 52

ABA Community Banking

JANUARY 7, 2019

Continuity recently shared its perspective on surprises in 2018 and what lies in store for 2019 Financial Research Feature Financial Trends Compliance Risk Management Compliance Management Operational Risk Compliance/Regulatory Consumer Compliance Mortgage Compliance Feature3 Fintech.

Compliance 45

Compliance Trends Management System 45

PYMNTS

DECEMBER 2, 2019

The company said it has raised more than $200 million in debt and equity in 2019, and has raised $140 million in equity to date. The funding will be used to grow FinAccel’s credit lending app Kredivo, and develop additional financial services.

Lending 131

Lending Fintech Risk Management Management 131

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

Abrigo

FEBRUARY 12, 2020

After retailers closed 10,800 stores in 2019, they have already announced new waves of closings as some – not all – retailers pay for their over-expansion or adjust to changes in the way customers shop, the newspaper said. Many banks throughout 2019 had reported tightening CRE standards, too.

Lending 195

Lending Trends FDIC Survey 195

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S.,

Report 247

Report Fraud Risk Management America 247

Abrigo

JUNE 3, 2021

Takeaway 2 While crypto crime fell in 2020, there are many risks financial institutions must be aware of. Takeaway 3 To fight cryptocurrency-related risks and mitigate losses, be vigilant and stay on top of fraud trends. By Hannakah Rubin, Risk Management Consultant at Abrigo. What's going on in cryptocurrency?

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

Bobsguide

MARCH 17, 2022

Profile Software , an international financial solutions provider, announced today the enrichment of RiskAvert with new capabilities like the introduction of the NPE Prudential Backstop and the Interest Rate Risk in the Banking Book (IRRBB) modules.

Risk Management 78

Risk Management Regulation Meeting Compliance 78

PYMNTS

APRIL 2, 2020

billion spent on TV advertising in 2019 illustrates. billion in 2019 and is projected to total $62.1 It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. This issue is present in almost every industry, as the $70.3

Analytics 237

Analytics Data Big Data social media 237

Bobsguide

JULY 21, 2022

Montréal, July 19, 2022 – TS Imagine , a global leader in trading, portfolio, and risk management solutions for capital markets, is expanding its presence in Canada with new facilities in Montréal to boost its North American operations and drive its international growth. About TS Imagine.

Operations 97

Operations America Software Risk Management 97

Insights on Business

FEBRUARY 6, 2019

Join our in-depth conversation , hosted by Watson Financial Services General Manager, Alistair Rennie, as industry experts discuss: Change in regulatory perception of AI and advanced analytics. General Manager. Key areas of focus within AML and financial crime prevention. Alistair Rennie. IBM Watson Financial Services (WFS).

Analytics 79

Analytics Compliance Innovation Management 79

Banking Exchange

SEPTEMBER 29, 2019

A third of banking CIOs consider digital to be the top business priority for 2019 Risk Management Compliance AML & Fraud Checks/Remote Deposit Capture Security Cyberfraud/ID Theft Compliance/Regulatory Feature3 Feature.

Security 60

Security Risk Management Compliance Capital 60

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? In 2019, enhanced credit underwriting via digitally contributed-consumer data will hit the mainstream. We will be closely monitoring the odds-to-score relationship in 2019. revolver vs. transactor).

Trends 63

Trends Fraud Data National 63

ABA Community Banking

JANUARY 24, 2019

The bank is expecting Modest GDP Growth at 2%, With Strong Consumer Sector as Driving Force, Low Probability of Recession Consumer Credit The Economy Financial Research Feature Financial Trends Risk Management Customers Operational Risk Rate Risk Credit Risk Feature3.

National 40

National Risk Management Trends Operations 40

The Paypers

OCTOBER 25, 2018

(The Paypers) Refinitiv , a global provider of financial markets data and risk-management solutions, has announced plans to bring its new ‘digital identity solutions’ to the Indian market in 2019.

Risk Management 28

Risk Management Marketing Data Management 28

PYMNTS

MARCH 17, 2019

“A lot of companies are not [there] in terms of their business plan, in terms of their risk management process, in terms of their overall management,” he said. “A I would predict in 2019, the government will regulate more. A lot of these corporate control mechanisms are not in place.”.

Regulation 192

Regulation Fintech Phoenix Risk Management 192

PYMNTS

JANUARY 2, 2019

Their December 2018 survey found “digital readiness” to be the c-suite’s top priority for 2019, with executives also reflecting their concern that the biggest risks their companies face are intensifying. Separate research last month also examined how corporate finance expects are bracing for this digital disruption.

blockchain 201

blockchain North Carolina Survey Analysis 201

Abrigo

JANUARY 27, 2020

We made important strides in 2019 towards updating regulations, easing burdens on credit unions, as well as modernizing our examination process. Strengthen credit risk by improving underwriting. In 2019, the Financial Accounting Standards Board (FASB) voted to delay CECL implementation until 2023 for credit unions and many banks.

Risk Management 195

Risk Management Regulation Management Report 195