Abrigo

MAY 19, 2017

With the National Credit Union Administration issuing its final member business lending (MBL) ruling as of January 2017, credit unions are seeing increased flexibility in their lending limits. Automated analysis and administration Processing several loans manually can be time-consuming and increases the risk of human error.

Lending 150

Lending Analysis Knowledge Base System 150

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

PYMNTS

JUNE 10, 2019

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space.

Lending 100

Lending Capital Regulation Survey 100

Abrigo

JUNE 23, 2023

For any financial institution, managing, processing, and analyzing data requires a dependable system to help you make sense of the information you’re gathering and use it to optimize operations. Financial data warehouses are centralized repositories of integrated financial data from different operational, internal, and external sources.

Data 195

Data Lending System Management 195

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Perficient

FEBRUARY 16, 2021

The Fed’s Comprehensive Capital Analysis and Review (“CCAR”) stress tests are designed to ensure that large banks are able to lend to households and businesses even in a severe recession. Also, banks with substantial trading or processing operations will be tested against the default of their largest counterparty.

Exercises 309

Exercises Capital Analysis Lending 309

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. For many, commercial real estate lending may be the ticket.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

Abrigo

JULY 20, 2017

AAR is the global leader for online news, product and innovation information on risk, compliance, and trading. The products featured in the report include: · Credit Analysis. Stress Testing By automating business loan operations with the products listed, banks and credit unions are able to make good loans faster and minimize risk. .

Software 150

Software Report United States Compliance 150

Abrigo

JUNE 5, 2023

In addition, even before the recent banking troubles, regulators have emphasized the financial institution’s responsibility to provide leaders with information on key areas of planning, operations, and risk management. Visualizing the institution’s lending footprint can lead to improved targeting of growth areas.

Report 195

Report Risk Management Capital Data 195

Abrigo

APRIL 7, 2022

If your institutions are a good match, the financial analysis of an acquisition is usually straightforward. When two financial institutions come together, the AML and fraud compliance functions will need to be consolidated. The next step is to decide how the banks match up culturally. Proactive Planning. Get organized.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

OCTOBER 14, 2022

They are having to outsource a lot and increase their operating expenses without any offsetting revenue and while dealing with supply chain issues.” Financial institutions should have an LOS system in place or other means to cover this new reporting task before the compliance date arrives. Lending & Credit Risk. CRE Lending.

Risk Management 195

Risk Management Management Policies Lending 195

CFPB Monitor

NOVEMBER 18, 2021

It is clear from the title of the CFPB’s press release announcing the assessment, “ CFPB Seeks Input on Detecting Discrimination in Mortgage Lending ,” that the CFPB is treating this assessment as an initiative addressing fair lending.

Compliance 78

Compliance Data Lending Operations 78

Abrigo

JULY 7, 2021

Key points in this article include: Risks exist in states where canabis is illegal > LEARN MORE Ensuring compliance when not servicing CRBs > LEARN MORE Determine your tier of acceptance > LEARN MORE Banking hemp vs. marijuana vs. CBD > LEARN MORE The gray area of banking CBD > LEARN MORE.

Compliance 195

Compliance Operations Regulation United States 195

PopularBank

JUNE 10, 2021

The rating, which is based on an analysis of financial data reported as of March 31, 2021, signals a superior banking performance. We greatly appreciate BauerFinancial’s five-star rating,” said Manuel Chinea, Chief Operating Officer, Popular Bank. BauerFinancial is the nation’s leading depositor-focused independent bank rating firm.

New Jersey 98

New Jersey New York Florida Community 98

PYMNTS

SEPTEMBER 6, 2019

landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week.

Fintech 155

Fintech Capital Lending Operations 155

South State Correspondent

MARCH 14, 2024

If your duration is too long or your BSA compliance is weak, those aren’t good things, but that is not how the bank is going to fail. Banks need to evaluate new technology, new lending areas, and new cash management levels to name a few with a longer time horizon and with some process rigor. Risk management also needs to change.

Innovation 195

Innovation Strategy Capital Comparison 195

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

AUGUST 1, 2022

Appropriate” and “timely” are relative concepts, so for low-risk models, an analysis might occur every three years. Governance such as bank or credit union board and senior management oversight policies and procedures, controls and compliance, and an appropriate organizational structure. Lending & Credit Risk. Watch Webinar.

Risk Management 195

Risk Management Management Regulation Analysis 195

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. David Ruffin, principal of IntelliCredit, which offers cloud-based solutions for credit risk analysis, suggests pairing stress testing with loan reviews. By Judith Sears.

Management 103

Management Community Bank Community Regulation 103

PYMNTS

JULY 2, 2020

In its report, the publication warned, “this should probably be a wake-up call to get into compliance immediately” for other payroll card solution providers and employers. ADP Eyes Payroll Card Adoption Jump. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

Bank Innovation

FEBRUARY 20, 2019

We conducted an analysis of consumer behavior patterns and […]. We wanted to know the answer to that critical question, so Credit Sesame partnered with Megan Hunter Antill and Jessica Yu, Ph.D., candidates in Quantitative Marketing at Stanford Graduate School of Business, to find out.

Study 284

Study Analysis Marketing Operations 284

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. Shifts in Lending Practices. Compliance. As is often the case with banks, risks of non-compliance remain high, the OCC noted.

Compliance 115

Compliance System Fintech Report 115

CFPB Monitor

MARCH 27, 2017

The Office of Inspector General for the Fed and CFPB has issued a report on the results of an evaluation it conducted to determine whether the CFPB effectively mitigates the risk of potential conflicts of interest associated with using vendors to support fair lending supervision and enforcement.

Report 60

Report Lending Analysis Regulation 60

BankUnderground

APRIL 28, 2023

Ideally, a framework for smaller banks would take into consideration their simpler and specialised business models, the limited financial stability implications of their failure, and the disproportional compliance costs they face compared to larger banks. Operating expenses 8301 1.17 Operating expenses 8301 1.17 Cash 8762 1413.30

Capital 78

Capital Lending US Data 78

Abrigo

NOVEMBER 9, 2022

How has CECL implementation impacted their operations and reserves for credit losses? The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. CECL's impact on operations.

Survey 195

Survey Software Resources Meeting 195

Abrigo

AUGUST 19, 2015

Earlier this summer, the NCUA unanimously approved a series of proposed changes to their regulations on member business lending (MBL). These amendments, if adopted, would lessen current restrictions to make it easier for credit unions to lend to businesses. CUSOs hire professionals who are well-versed in commercial lending.

Lending 150

Lending Training Resources Analysis 150

Abrigo

DECEMBER 20, 2014

Given the task is often assigned to the Chief Credit Officer or other leaders within the credit department, developing a stress testing methodology may come at the risk of losing steam on other areas, even business development if the stress tester is also responsible for lending. Why are top down stress tests valuable to the institution ?

Analysis 170

Analysis Examples Data Capital 170

Gonzobanker

OCTOBER 26, 2021

Whatever the good intentions of these new mandates, any new compliance orders require resources, change management, and an understanding of the unintended risks that could arise. It must be what pours out from the culture, the leadership, the brand, and the operations of a modern banking institution.

Leadership 97

Leadership Compliance Strategy Branding 97

Independent Banker

JANUARY 28, 2016

Supreme Court held that financial institutions could be held liable for neutral practices that pose adverse lending decisions against certain borrowers, even when there is no intent to discriminate, but with restrictive guidelines. IB: How could fair lending exams change as a result of the Supreme Court’s ruling?

Policies 70

Policies Lending Community Analysis 70

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals.

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

DECEMBER 16, 2019

We are very fortunate to have individuals with strong IT and data analysis skills to help with this process, but I believe that will be a challenge, especially for some smaller institutions, so the longer the timeline, the better.” Lending & Credit Risk. Assess data first, then move to methodology. Portfolio Risk & CECL.

West Virginia 195

West Virginia Virginia Data Community 195

PYMNTS

DECEMBER 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. Trade tensions between the U.S. and China, as well as Brexit , are among the biggest current geopolitical events that continue to rock the FX market, and companies are at risk of taking significant financial hits as a result.

Management 155

Management Trends Data Analytics 155

PopularBank

MARCH 11, 2020

The rating, which is based on an analysis of financial data reported as of December 31, 2019, signals a superior banking performance for the fourth quarter of 2019 and is the firm’s highest rating. “We ” BauerFinancial is the the nation’s premier bank and credit union rating firm. banks and credit unions since 1983.

New Jersey 59

New Jersey New York Florida Lending 59

PYMNTS

JUNE 7, 2018

The landscape in SMB lending is almost totally unrecognizable from what it was even a short five years ago, BlueVine founder and CEO, Eyal Lifshitz, told Karen Webster shortly after his firm’s latest $60 million funding round was announced. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Lending 124

Lending Tools Management Risk Management 124

PYMNTS

MARCH 2, 2018

The latest analysis from Accenture finds new evidence that investors have been acting on their B2B interest for some time. Alternative Lending. alternative small business lending firm, that secured $900 million in 2017, while other alternative finance players, like LendingPoint and SoFi , landed significant investment rounds.

Fintech 118

Fintech Capital blockchain Lending 118

FICO

NOVEMBER 23, 2021

Armando Junior, general manager, risk and compliance at Dock (previous winner) . Sibulelo Ncamani, head of operational risk and governance at Absa Bank (previous winner). Sibulelo is responsible for operational risk management, valuations strategy, management assurance and governance at Absa Bank.

Meeting 52

Meeting Analytics Risk Management Management 52