Cisco

JUNE 7, 2022

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? From crypto to cannabis.

Resources 195

Resources Training Fraud Compliance 195

Abrigo

FEBRUARY 25, 2022

What to watch for in 2022 Expect these eight BSA /AML regulatory topics to see changes in 2022 and start preparing now to help your institution s tay up to date. Eight topics that could see change in 2022. You might also like this webinar on BSA/AML regulatory hot topics. What to Watch.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

JUNE 8, 2022

Now that we’ve turned the corner to June, the countdown begins to World Elder Abuse Awareness Day 2022. Elder Abuse Awareness Day 2022: Red Flags for BSA/AML Staff. Model Risk Management: Regulatory Priorities and Best Practices. Fraud Prevention. Fraud Trends. Learn More. BSA Training. Learn More. Learn More.

Training 195

Training Fraud National Resources 195

Perficient

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period.

Retail 221

Retail FDIC Risk Management Management 221

Bobsguide

MARCH 21, 2022

Devoted to continuous advanced technology research and product innovation, CompatibL is proud to be recognized as one of the world’s best providers of risk management solutions, advanced analytics, and model validation services that help capital markets organizations better understand and reduce financial risks.”.

Innovation 147

Innovation Technology Risk Management Analytics 147

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results."

Lending 221

Lending Risk Management Community Management 221

BankInovation

DECEMBER 14, 2021

In 2022, cyber-risks outrank the COVID-19 pandemic and geopolitical tensions as the greatest potential threat to global financial markets.

Survey 98

Survey Risk Management Marketing System 98

Bobsguide

MARCH 12, 2022

Today, we are proud to have won the prestigious Best Modeling Innovation accolade at Risk Markets Technology Awards 2022. I am confident that, before the end of this decade, it will become the market standard in financial product valuation and risk management. The Risk.net judges said: “This is truly innovative.

Technology 78

Technology Marketing Risk Management Innovation 78

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Feedback must be submitted by February 14, 2022. The OCC is looking for feedback on all aspects of the draft principles.

Risk Management 78

Risk Management Management Policies Operations 78

SWBC's LenderHub

AUGUST 18, 2022

As of March 18, 2022, Nacha’s account validation rule requires ACH originators of WEB entries to use a commercially reasonable fraud detection system to verify the first time a consumer checking account is used for an electronic (ACH) payment, if the payment is initiated over an online channel, the account number must be validated first.

Risk Management 78

Risk Management Fraud Management Examples 78

Perficient

NOVEMBER 10, 2023

However, in the current rising interest rate environment in the United States since 2022, loan rates have adapted more rapidly than deposit rates. In table form, transaction account balances declined by almost 30% in the second quarter of 2022 as interest rates began to rise, later moderating in the latter half of the year.

Risk Management 221

Risk Management United States FDIC Compliance 221

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

Independent Banker

DECEMBER 31, 2021

What changes will 2022 bring? And as local economies continue to stabilize and many challenged industries bounce back, 2022 may be the year community bankers put the rubber to the road by revisiting goals and turning them into action items. What will drive profit in 2022? Janet Silveria, Community Bank of Santa Maria.

Community Bank 144

Community Bank Community Lending Louisiana 144

Banking Exchange

JANUARY 11, 2023

Pivot away from digital assets has been in the works since 2017, says Metropolitan Commercial’s CEO Risk Management Blockchain Bitcoin Cryptocurrency Feature Duties Feature3 Technology Digital.

Risk Management 78

Risk Management Bitcoin cryptocurrency blockchain 78

FICO

FEBRUARY 21, 2023

Another full year is in the books As 2022 came to a close, the economic environment in the United States is teetering on the edge of a recession. Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S.

Trends 52

Trends Industry US Cards 52

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 1 (2022). This four-part series looks at embedding portfolio risk resilience into decisions across the credit lifecycle through targeted application of the FICO ® Resilience Index. Thu, 12/08/2022 - 16:00. FICO Admin. Tue, 02/18/2020 - 14:57. by David Binder.

Risk Management 52

Risk Management Strategy Management Analytics 52

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 3 (2022). Building portfolio risk resilience into customer management. Thu, 05/12/2022 - 07:46. Thu, 12/08/2022 - 16:00. Of course, credit risk management is only one aspect of portfolio health. Saxon Shirley. by Jim Patterson.

Risk Management 52

Risk Management Management Strategy Examples 52

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2022). Building portfolio risk resilience into Collections & Recovery. Fri, 06/03/2022 - 12:24. Thu, 12/08/2022 - 16:00. Figure 1: Early-stage collections contact options and illustration of treatment prioritization by risk. asokolowski.

Risk Management 52

Risk Management Comparison Strategy Management 52

FICO

AUGUST 16, 2022

Canada Bankcard Industry Benchmarking Trends: Q2 2022 Update. Thu, 05/12/2022 - 07:46. Tue, 08/16/2022 - 15:30. On July 13th, 2022, Bank of Canada raised its target overnight rate to 2.5%, an increase of an entire percentage point. Consumer inflation in June 2022 is up 8.1% Saxon Shirley. by Amir Sikander.

Trends 52

Trends Industry Cards Analytics 52

Abrigo

OCTOBER 10, 2023

Last year's 2022 Loan Review Survey by Abrigo found these four common challenges in effective loan review. Permanently remote Collaboration: Maximizing remote work The 2022 Loan Review Survey found that approximately 78% of loan review staff work remotely, either partially or entirely.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Last year's 2022 Loan Review Survey by Abrigo found these four common challenges in effective loan review. Permanently remote Collaboration: Maximizing remote work The 2022 Loan Review Survey found that approximately 78% of loan review staff work remotely, either partially or entirely.

Training 195

Training Survey Resources Software 195

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. He has an MBA from the Indian Institute of Management.

Meeting 52

Meeting Analytics Risk Management Management 52

Bobsguide

APRIL 19, 2022

WARSAW, April 12, 2022 — Bank Pekao , Poland’s second largest bank and one of the largest financial institutions in Central and Eastern Europe, has selected Murex’s solution and plans to implement its MX.3 Pekao’s implementation covers front-to-back-to-risk, cross-assets.

Risk Management 147

Risk Management Capital Technology Management 147

FICO

JUNE 7, 2022

Canada Bankcard Industry Benchmarking Trends: 2022 Q1 Update. Tue, 06/07/2022 - 15:00. in April 2022, the highest since January 1991. The government of Canada raised its target for overnight rate to 50 bps to 1 % on April 13th, 2022. Average total monthly sales increased to $1,546 in March 2022, 17.5 % higher.

Trends 52

Trends Industry Cards Analytics 52

FICO

DECEMBER 8, 2022

Addressing Portfolio Risk in Economic Uncertainty: Part 2 (2022). Building portfolio risk resilience into customer acquisition. Thu, 12/08/2022 - 16:00. FICO® Scores, often an important contributor to underwriting risk management strategies, are designed to provide valuable risk rank-ordering through all economic cycles.

Risk Management 52

Risk Management Strategy Management Meeting 52

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). The FICO experience in applying predictive analytics to critical risk management and profitability challenges are unparalleled in the industry.

Report 52

Report Analytics Company Innovation 52

Perficient

SEPTEMBER 16, 2022

The Federal Reserve will require a firm, prior to engaging in crypto-asset-related activities, to have in place adequate systems, risk management, and controls so the new activities are practiced in a safe and sound manner that is compliant with applicable consumer protection statutes and regulations. Financial risk.

Compliance 275

Compliance Risk Management System Regulation 275

South State Correspondent

JUNE 8, 2022

With short-term interest rates expected to rise through 2022, many community banks are reconsidering their ALCO strategies. In 2022, national banks are especially active in managing interest rate risk by booking floating rate loans and mandating that borrowers fix their rates through a loan hedging program.

Community Bank 195

Community Bank Community National Strategy 195

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Wed, 08/03/2022 - 12:40. There is definitely more to learn from FICO World 2022 as you enjoy the rest of the summer. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

CFPB Monitor

NOVEMBER 29, 2021

The 2022 clarity promised by the “roadmap” presumably will supersede, once issued, Interpretive Letter #1179, which appears to function as a general stop-gap until the 2022 publications hopefully provide more detail regarding exactly how banks can attain compliance.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

Jeff For Banks

DECEMBER 8, 2022

Financial Markets & Economic Update -Fourth Quarter 2022 What a year 2022 has been! And M2 growth started 2022 at 12%, with the Fed still buying its $100 billion of bonds through the month of March, even though they knew inflation was a serious issue. Rates have risen since March 2022. The CPI peaked at +9.1%

Marketing 78

Marketing Policies Philadelphia Community Bank 78

Perficient

JANUARY 31, 2022

A couple of weeks ago, Crypto.com, one of the fastest-growing cryptocurrency platforms, was hacked on January 17, 2022. We shouldn’t be that surprised. One area mentioned by the company as an issue was a gap in its multi-factor authentication (MFA) system.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

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

PYMNTS

NOVEMBER 12, 2020

Mastercard’s Vocalink’s clearing and settlement solution supports Payments Canada requirements, including ISO 20022 and the Bank of Canada’s risk management standards. “As The RTR is expected to launch in 2022 and will be operated by Payments Canada and regulated by the Bank of Canada.

Payments 345

Payments Innovation Risk Management System 345

Independent Banker

JANUARY 31, 2022

A recent report by Cornerstone Advisors found that bankers are either strongly interested in or already working with fintechs in three main areas: digital account opening (71%), mobile wallets (41%) and fraud/risk management (47%). Fraud and risk management. Checking in with 2022’s ThinkTECH Accelerator.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Abrigo

DECEMBER 2, 2021

Takeaway 1 Some financial institutions have a budget surplus this time of year, and these funds can be spent now to help growth in 2022. Takeaway 2 Excess budget funds can also be used to help mitigate risk in areas such as the BSA department or loan review. Streamline and systematize loan review for 2022. Deposit Modeling.

Conference 195

Conference San Antonio Lending Fraud 195