article thumbnail

CRE risk: Lessons from recent earnings reports

Abrigo

trillion in CRE mortgages will have to be renegotiated by the end of 2025. 3-pronged approach Identifying and quantifying CRE risks Most financial institutions have taken a three-pronged approach to identifying and quantifying risks associated with their CRE segments. estimates $1.45 See how in this whitepaper.

Report 195
article thumbnail

What are opportunities for accountants to provide advisory services?

Abrigo

As the AICPA’s “ CPA Horizons 2025 ” report noted, CPAs overwhelmingly believe they will need to provide a greater variety of services in the coming years. Offering some of these specialty advisory services creates opportunities to retain and cross-sell existing clients and to attract new clients looking for value-added services.

Exercises 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How community banks can address cybercrime

Independent Banker

trillion globally by 2025, according to research agency Cybersecurity Ventures, and the Association of Certified Fraud Examiners said that 77% of anti-fraud experts reported they had seen more fraud between May and August 2021. “We Here are some ideas for strengthening fraud defenses. By William Atkinson. Cybercrime could cost $10.5

article thumbnail

Why fragmentation of the global data supply chain poses risks to financial services

BankUnderground

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. McKinsey predict that this figure could reach $11 trillion by 2025.

Data 110
article thumbnail

Cyber Risk Transparency Is Good for Insurance – and Business

FICO

Breach insurance premiums are on a tear, and expected to grow tenfold over the next ten years from $2 billion to $20 billion per annum by 2025. In addition, new threat vectors, significant breach events, and new regulations will bring in buyers with new, previously unknown risk profiles. Simply put, it’s going to be a wild ride.

Tools 40
article thumbnail

What’s Next For Payments In The Next Decade: The Seven 2020 Trendlines

PYMNTS

and Canada, it will grow from 83 percent of the total population today to 90 percent in 2025, and in Europe it will move from 73 percent to 83 percent in that same timeframe. In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet – up from nine billion today.

Payments 180
article thumbnail

Welcome To The Connected Economy

PYMNTS

and Canada, it will grow from 83 percent of the total population today to 90 percent in 2025, and in Europe it will move from 73 percent to 83 percent in that same timeframe. In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet – up from nine billion today.