Abrigo

FEBRUARY 27, 2020

Key Takeaways Financial institutions who want to maintain a healthy share of business lending this year and through potentially tougher economic times ahead want to be in the best position possible before trouble hits. Abrigo's Business Lending Readiness Survey found many processes stymie those efforts. learn more.

Lending 243

Lending Survey Data System 243

Abrigo

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Top down and bottom up analysis can inform capital assessments. Stress testing can put a burden on smaller financial institutions, but today's technology "levels the playing field.".

Lending 150

Lending Risk Management Analysis Capital 150

Abrigo

DECEMBER 14, 2023

Define actionable plans, such as what additional staff or technology you need to accomplish your goals. It’s essential to involve your board and executive management in pre-planning steps to ensure everyone’s input is collected and heard. What specific technologies would you like to see us pursue for a better customer experience?

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

DECEMBER 31, 2019

The top lending and credit blog posts focused on improving loan pricing, creating a better experience for borrowers, and developing risk ratings. Those priorities are apparent in the most popular Abrigo lending and credit blog posts for the year. Popular articles about credit, lending. Why Do People Switch Banks?

Lending 150

Lending Community Bank Software System 150

Abrigo

OCTOBER 10, 2023

Furthermore, most banks anticipated a permanent shift towards remote work, compelling them to refine processes and technology to support this transition. Some loan review software offers a transparent loan review process tailored for remote work environments. Stay up to date on loan review best practices.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Furthermore, most banks anticipated a permanent shift towards remote work, compelling them to refine processes and technology to support this transition. Some loan review software offers a transparent loan review process tailored for remote work environments. Stay up to date on loan review best practices.

Training 195

Training Survey Resources Software 195

Abrigo

JUNE 7, 2017

It’s been five months since the new member business lending (MBL) rule from the NCUA went into effect in January, providing greater flexibility to credit unions offering member business loans. Credit unions should determine the focus of their business lending program and identify what is needed to achieve those goals.

Lending 150

Lending Management Analysis Policies 150

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Roadblocks to Success.

How To 195

How To Lending Software Survey 195

PYMNTS

FEBRUARY 29, 2016

Moody’s is moving a bit closer to the world of small business lending. Finagraph similarly provides automated data aggregation and analysis, with a focus on helping banks be able to assess the creditworthiness of small and medium-sized enterprises. 25) that it reached a deal to acquire a share of Finagraph.

Lending 100

Lending Risk Management Analytics Analysis 100

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms.

Lending 134

Lending Fintech Guidelines Meeting 134

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. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Abrigo

AUGUST 6, 2021

Community banks are critical to ag lending and small business lending. Additionally, community financial institutions are more likely to leverage relationship lending to help smaller businesses obtain loans that they might not be able to secure with larger institutions based solely on their financial information. Digitalization.

Community Bank 195

Community Bank Community Kansas City Lending 195

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ). for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Also, in China, analysts at Yingcan Group pointed to the government’s P2P and marketplace lending crackdown as being likely to shrink the industry by as much as 70 percent this year. In June, the U.K.’s

Compliance 117

Compliance Risk Management Lending Regulation 117

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 2) @GonzoBanker – Cornerstone Advisors’ totally opinionated take on technologies, strategies, vendors and “anything else we run across in the trenches of the banking industry.” Learn more here.

social media 150

social media Lending Community Community Bank 150

Abrigo

MAY 22, 2024

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195

Lending St. Louis Community Marketing 195

South State Correspondent

MARCH 14, 2024

This all compares to about a 40%+ return invested in improving processes (loan, branch, cash management, etc.) In comparison, investments in new technology or new business lines pale in comparison to other strategic investments due to the time and effort it takes to get a business line off the ground.

Innovation 195

Innovation Strategy Capital Comparison 195

Celent Banking

JANUARY 22, 2015

Peer to Peer (P2P) lending is one of those situations and banks have started to experiment with it, taking P2P lending to main street. Banks are certainly not playing hide and seek with P2P lending. Regulation is an important issue for banks to get into P2P lending and depending the country, there may be restrictions.

Maine 100

Maine Lending Regulation Risk Management 100

Abrigo

APRIL 14, 2017

Experts agree that while commercial lending is a critical banking service, it has been one of the least automated and technology-reliant aspects of banking today. A credit risk manager at one bank with $900 million in total assets estimated that her team received approximately 8,220 tax returns in the 2015 calendar year.

Innovation 150

Innovation Taxes Analysis Lending 150

Abrigo

APRIL 22, 2024

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 243

Lending St. Louis Community Marketing 243

Jeff For Banks

MAY 20, 2017

Today, I read an American Banker article on how a multi-billion dollar bank is going to ramp up its business lending. To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. Risk mitigants tend to lag growth, especially fast growth.

Lending 60

Lending Regulation Community Community Bank 60

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. In her remarks and responses to questions, Ms.

Policies 60

Policies Lending Data Online 60

FICO

MARCH 10, 2021

The FICO® Score 10 suite provides lenders with market-leading risk management capabilities for a wide variety of business applications, with more flexibility than ever before. In all cases, our analysis showed that the FICO Score 10 suite outperformed the version of FICO® Score currently in use. Swap set performance.

Risk Management 52

Risk Management Analysis United States Management 52

Abrigo

JULY 30, 2019

The loan committee uses the credit memo in deciding whether to approve the loan, so the lender wants to put forth an accurate and complete picture of the borrower -- not only for the borrower’s sake, but also for the financial institution’s risk management. Book loans faster while managing risk. Credit Risk.

Analysis 150

Analysis Data Risk Management Lending 150

Insights on Business

AUGUST 28, 2019

While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs. We’ve been quite vocal about our own transition to a risk management microservices architecture. What is a microservice?

Management 87

Management Risk Management Resources Analytics 87

Abrigo

NOVEMBER 25, 2019

Technology certainly plays a role in lowering unit costs and managing risk for many lenders. Moving from disparate spreadsheets and repetitive data entry to a web-based platform that streamlines analysis and improves consistency will shorten turnaround time. You have to earn. You have do it faster.”

Analysis 195

Analysis Training Management Industry 195

Abrigo

AUGUST 28, 2022

Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.

Lending 195

Lending Analysis System Data 195

Gonzobanker

MAY 8, 2020

Cornerstone recently completed an earnings stress analysis of the roughly 4,400 banks under $50 billion in assets. So far, bankers have taken comfort in the soundbite that “this crisis is different” because of the strong capital levels and risk management rigor that has developed since the Great Recession.

Lending 104

Lending Analytics Analysis Capital 104

PYMNTS

JUNE 27, 2018

Industries of all shapes and sizes are looking to use the insights and capabilities offered by the emerging and evolving technology, and it’s now making an impact in the financial services space, too. That’s for good reason, too, according to Chris Ward, executive vice president and head of product management for PNC Treasury Management.

Digital Banking 148

Digital Banking Technology Management Risk Management 148

Insights on Business

AUGUST 28, 2019

While fundamentally an architectural paradigm, technology designed as microservices has the potential to change both the way clients use the tools at their disposal and shift the way they do their jobs. We’ve been quite vocal about our own transition to a risk management microservices architecture. What is a microservice?

Management 70

Management Risk Management Resources Analytics 70

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

CFPB Monitor

AUGUST 8, 2019

The letter was conditioned on Upstart’s agreement to a model risk management and compliance plan that required it to analyze and address risks to consumers, and assess the real-world impact of alternative data and machine learning. Both task forces held their first meetings in June.

Data 60

Data Lending Compliance Policies 60

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

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. 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 Lending Risk Management Policies 221

PYMNTS

MAY 2, 2016

Then, there is the risk of corporate lending. Banks, it turns out, are willing to take on that risk. But for businesses — especially smaller ones — the risk of taking on new debt, or even the risk for being turned down for a loan, is too much to bear. The statistic was cited by U.S.

Lending 100

Lending Security Fraud Regional 100

CFPB Monitor

JUNE 30, 2022

We noted the increase in ransomware attacks and ransomware-related SARS discussed in FinCEN’s October 15, 2021 financial trend analysis on ransomware. . Risks of Engaging with New Technologies, Including Distributed Ledger Technologies and Digital Assets.

Compliance 78

Compliance Fraud Technology Operations 78

American Banker

AUGUST 8, 2016

Under pressure from regulators to beef up risk management in commercial real estate lending, banks are using new software tools to improve analysis.

Big Data 28

Big Data Risk Management Data Analysis 28