Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Regulators foster prudent loan modifications.

Management 195

Management Risk Management Policies Lending 195

Gonzobanker

MAY 23, 2023

The historic deposit runs on several niched regional banks have woken up bankers and their investors, regulators and policymakers to the threats that liquidity flows place on the entire industry. Taking a step back and looking into reported financial data for Q1 2023, a few key insights appear: The banking industry lost a remarkable $1.1

social media 157

social media Risk Management Regional Industry 157

South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

Management 195

Management Security Risk Management social media 195

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Vice President, Product Management. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023. But I’ll still weigh in with prognostications for 2023. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top.

Fraud 52

Fraud Payments South Carolina Compliance 52

FICO

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. Here are my three predictions for risk management and customer treatment in 2023.

Lending 52

Lending Strategy Analytics Data 52

CFPB Monitor

OCTOBER 21, 2021

The CFPB, Federal Reserve Board, FDIC NCUA, OCC, in conjunction with the state bank and state credit union regulators, jointly issued a statement on managing the transition away from LIBOR (Joint Statement). Fallback language.

Regulation 78

Regulation Management FDIC Risk Management 78

Abrigo

SEPTEMBER 7, 2023

However, AML system optimization , or parameter tuning, is critical for monitoring to be risk-based and the most effective for your FI’s market, products, and customer or member base. Considering combining your AML & fraud teams? Learn about the benefits and logistics in this whitepaper.

Fraud 221

Fraud Training System Trends 221

Gonzobanker

JULY 10, 2020

Forty-five percent expect it to be 2023 and beyond. How do we elevate our credit and operational risk visibility to ensure capital preservation and demonstrate strength to stakeholders? Are there growth opportunities that would make sense for us to consider at this time – such as entering new markets/M&A? Risk Management.

Risk Management 88

Risk Management Capital Strategy social media 88

Abrigo

NOVEMBER 13, 2023

Read the 2023 Loan Review Survey results for expert analyses of emerging trends WATCH WEBINAR Takeaway 1 Annual loan review is separate from covenant testing and underwriting, but many banks conflate these processes. Guidance lines can also be a good marketing tool because you can give customers approval faster within certain parameters.

Analysis 195

Analysis Lending System Survey 195

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

Abrigo

DECEMBER 29, 2023

You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals. Papers, checklists What were lending and credit risk pros reading?

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

MARCH 31, 2023

NCUA expectations for credit unions post-CECL adoption The NCUA's focus on risk, especially credit risk, has implications for credit unions instituting CECL this quarter. The National Credit Union Administration (NCUA) emphasized interest rate, liquidity, and credit risk as the main areas for concern in its 2023 letter.

Risk Management 195

Risk Management Policies Capital Maine 195

BankUnderground

APRIL 13, 2023

To shed new light on this question, Bloomfield et al (2023) measured flooding-wind dependency using consistent methods on a range of data sets, which included 240 modelled years of UK Met Office climate projections and historical loss data. Was this an exception, or something to be expected?

Capital 81

Capital Policies Risk Management Maine 81

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned. What caused it?

FDIC 78

FDIC Community Bank Regulation Lending 78

Perficient

JANUARY 16, 2024

This blog, the first in a series by Perficient’s Risk and Regulatory Center of Excellence (CoE), provides actionable measures your company can adopt to safeguard against senior-level embezzlement risks and maintain the integrity of your institution’s financial transactions.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk 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 webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Risk Management 221

Risk Management Regulation Management Lending 221

Independent Banker

OCTOBER 1, 2022

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk. Effective Jan.

Data 91

Data How To Community Bank California 91

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 Falling crop prices—exaggerated by weak currencies in many foreign markets—are expected to pressure U.S. A total of 300 million acres are covered by crop insurance. Ongoing concerns.

Community Bank 70

Community Bank Kansas City Community Iowa 70

FICO

FEBRUARY 1, 2023

But among the critical learnings from the 2008 global financial crisis was the importance of flagging and helping at-risk and pre-delinquent borrowers as soon as possible to prevent financial disaster — especially when their deteriorating financial position was being influenced and undermined by a mix of external factors.

Management 52

Management Fraud Strategy Analysis 52

FICO

MAY 3, 2023

The reputation of lenders is being eroded and the issue is attracting scrutiny from regulators. Fortunately managing APP fraud is an area of expertise for FICO. Millions of individuals have been left vulnerable, and most (two of out three customers) expect banks to refund victims. TJ holds a B.S. in computer science and a M.S.

Fraud 52

Fraud Strategy Analytics South Carolina 52

Gonzobanker

JANUARY 4, 2023

Risk plan – Operational risk management is a company-wide discipline that has become the focus of regulators, boards, and the “C” level. That topic is one on which the CIO will lead the planning, but virtually every back-office team – operations, fraud, risk, HR, and marketing – has pieces of the overall risk plan.

Technology 78

Technology System Software Groups 78

Gonzobanker

DECEMBER 14, 2023

Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. While Huntington is down like most bank stocks, the pain hasn’t been as severe, and Huntington doubled down on local markets in 2023 by consolidating business units.

Fintech 195

Fintech Community Regional Technology 195

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans.

Capital 195

Capital Regulation Risk Management Community 195

FICO

APRIL 24, 2023

Trust acquired 100,000 customers in just ten days after it launched in September 2022 and exceeded 450,000, equivalent to 9 percent of the Singapore market, within just five months. Applicable regulations on lending are also implemented via this solution. “We FICO Platform helps us to deliver that edge.”

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

South State Correspondent

MARCH 15, 2023

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

social media 195

social media FDIC Branding Management 195

Abrigo

JUNE 15, 2023

real estate market alone. real estate market alone. has lagged in passing laws and regulations preventing criminal proceeds from flowing into real estate. The comment period for the proposed rule, Anti-Money Laundering Regulations for Real Estate Transactions , ended in February 2022, but a final rule has yet to be issued.

Training 195

Training Regulation Compliance System 195

FICO

FEBRUARY 12, 2023

Overall exposure can also be managed by balancing income and exposure, with risk level typically used as a constraint. Ensure agility for your business so you can adapt to the speed of the market – or faster.

Digital Banking 52

Digital Banking eBook Analytics Customer Experience 52

FICO

JANUARY 5, 2023

Four 2023 U.S. Open banking, BNPL, cybersecurity and AI will all be under the microscope for regulators and policymakers, but not all areas will see major action in 2023. Thu, 01/05/2023 - 15:45. For those in the financial services industry, 2023 will be the year when U.S. FICO Admin. Tue, 07/02/2019 - 02:45.

Policies 52

Policies Company Regulation Risk Management 52