PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

Lending 190

Lending Capital Fintech Security 190

Abrigo

MAY 19, 2023

Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

MAY 24, 2024

Would you like other articles like this in your inbox? Compliance measures: Ensuring adherence to Reg CC and FedNow operating procedures. The FedNow Service enables community financial institutions to stay competitive by meeting instant payment demands. Implement it smoothly with these tips on preparing for FedNow.

How To 243

How To Fraud Resources Georgia 243

South State Correspondent

JULY 19, 2023

Our previous article discussed how the banking industry is taking advantage of interest rate swaps to offer borrowers lower rates, allowing banks to earn higher yields, generate substantial fee income, and protect deposit relationships. Regulatory compliance and reporting can be complex and confusing.

Community Bank 195

Community Bank Community Compliance Marketing 195

Abrigo

DECEMBER 22, 2023

Abrigo's top risk management articles The risk management blogs banks and credit unions are reading Probability of default, CECL model validation, and CRE risk are hot topics that risk management and accounting professionals will be tracking in the coming months.

Risk Management 221

Risk Management Regulation Management Lending 221

CFPB Monitor

JANUARY 29, 2020

Unfortunately, this is an area where there is very little regulatory guidance or commentary, leaving financial institutions with the task of making guesses and judgment calls about how to use ad targeting effectively, and in a way that minimizes fair lending risks.

Lending 130

Lending social media Compliance Regulation 130

Abrigo

MAY 8, 2024

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence.

Examples 221

Examples Fraud Resources Risk Management 221

CFPB Monitor

JANUARY 24, 2019

A group of 13 state attorneys general and the District of Columbia AG have sent a letter to the FDIC commenting on the agency’s request for information on small-dollar lending. They recommend that “the FDIC discourage banks from entering into these relationships in any guidance it issues on small-dollar lending.”.

FDIC 74

FDIC Lending District of Columbia Compliance 74

South State Correspondent

JANUARY 16, 2024

We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). The documentation was lengthy and complex, the regulatory compliance and reporting was cumbersome, the accounting was tricky, and the overhead cost of launching a hedging program was challenging.

Community Bank 195

Community Bank Community Compliance CA 195

Abrigo

FEBRUARY 22, 2021

Would you like others articles like this in your inbox? SBA staff will work with lenders to process and approve any applications for larger businesses that are currently being held up by hold codes and compliance check codes. Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending.

Lending 195

Lending Fraud Compliance Guidelines 195

Abrigo

AUGUST 6, 2021

Would you like other articles like this in your inbox? Community banks are critical to ag lending and small business lending. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. How can community financial institutions thrive in 2021?

Community Bank 195

Community Bank Community Kansas City Lending 195

Abrigo

AUGUST 8, 2021

Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post. Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. It also monitors compliance with applicable regulations and laws.

System 195

System Lending Policies Regulation 195

PYMNTS

APRIL 26, 2016

Which brings us to payday lending and its proposed regulation – a subject that has turned out to be the Berserk Button for a shocking number of consumer right advocates, congressmen, regulators, Senators, preachers, industry representatives business people and consumers. So why all the fuss? The Typical Payday Lender.

Lending 100

Lending Regulation Industry Illinois 100

Abrigo

JUNE 5, 2023

This report requires (and therefore improves) communication between the credit and lending area of the bank or credit union and those responsible for liquidity management. However, other reports beyond the scope of this article can help a financial institution and its directors assess and plan.

Report 195

Report Risk Management Capital Data 195

Abrigo

JANUARY 13, 2021

Would you like other articles like this in your inbox? More articles. Fraudulent applications and inside collaboration should be top of mind to both lenders and compliance professionals when onboarding new PPP loans. Lending & Credit Risk. SBA Lending. Stay up-to-date on PPP fraud. Keep me informed. Learn More.

Fraud 195

Fraud Community Lending Analysis 195

Abrigo

DECEMBER 21, 2020

Would you like others articles like this in your inbox? Takeaway 2 The bill will set aside billions for community financial institutions to lend, as well as for loans to businesses in low-income areas. . Lending & Credit Risk. SBA Lending. Lending & Credit Risk. SBA Lending. SBA Lending.

Lending 195

Lending Community Regulation Maine 195

CFPB Monitor

DECEMBER 29, 2020

Additionally, setting aside the payments provisions after they have been ratified by a Director fully accountable to the President would undermine the Article II authority that the Supreme Court sought to safeguard in holding the removal provision invalid.

Compliance 78

Compliance Payments Groups Exercises 78

Gonzobanker

SEPTEMBER 21, 2023

Lending: Lending Leaves Change Color Abrigo acquired Valuant for compliance and credit risk and DiCOM Software for automated credit risk software and partnered with Charm Solutions to launch Abrigo Small Business Lending Intelligence. Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

South State Correspondent

APRIL 1, 2023

In this article, we recap the latest data on deposits and banking in order to give you an updated picture. Lending Although we only have quarterly lagged data on credit conditions, it is worth noting that more timely H.8 The move will increase the cost of compliance and the cost of capital. Deposit Balances The Fed’s H.8

Regulation 221

Regulation Community Bank Community Capital 221

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. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Abrigo

OCTOBER 23, 2014

CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. But shareholders also expect profitability and growth, while keeping costs, especially those related to regulatory compliance, down. The regulatory compliance aspect is critical, CEIS notes. Blog Bank Credit Union'

Risk Management 186

Risk Management Management Lending Resources 186

CFPB Monitor

AUGUST 31, 2015

84 House members recently wrote to the CFPB to urge it to expedite rulemaking to implement the small business lending data requirements of Dodd-Frank Section 1071. They assert that “[t]ransparency in small business lending data is the key to understanding the credit needs of women-owned and minority-owned small businesses.

Lending 60

Lending Data Groups Regulation 60

Abrigo

JANUARY 14, 2021

Would you like others articles like this in your inbox? Operational Risks - Due diligence may have been lax during the rush of applications Compliance Risks - Compliance gaps could occur due to rushed processing Reputational Risks - What if fraud is found in your portfolio and headlines abound? SBA Lending. Fraud Trends.

Fraud 195

Fraud Compliance Community Trends 195

South State Correspondent

APRIL 23, 2024

This article will discuss the challenge of managing three potentially opposing forces and look towards physics to help us solve the mystery. Next to credit, growth strategies have also impacted compliance, controls, and governance. Unlike most of our articles, there is no executable solution here.

Risk Management 195

Risk Management Strategy Management Customer Experience 195

Abrigo

FEBRUARY 5, 2021

Andy Snow, Senior Vice President of Customer Success for Abrigo, a leading technology provider of compliance, credit risk, lending, and asset/liability management solutions to community financial institutions, said some lenders have been very frustrated. Would you like others articles like this in your inbox? SBA Lending.

Fraud 195

Fraud Lending Taxes Regulation 195

Abrigo

JUNE 15, 2023

Protect the financial institution from money laundering through real estate FinCrime professionals should be able to detect when real estate is being used for money laundering, especially given heightened Russian sanctions Would you like other articles like this in your inbox? You might also like this Russian sanctions compliance checklist.

Training 195

Training Regulation Compliance System 195

PYMNTS

AUGUST 23, 2017

SMBs will no longer have to cover losses and expenses as a result of fraud or bank misconduct, and the article also noted banks’ ability to alter contracts will be further limited. Banks will also be unable to terminate a loan as the result of a change in a small businesses’ circumstances, the Sydney Morning Herald added.

Compliance 108

Compliance Leadership Fraud Report 108

CFPB Monitor

FEBRUARY 23, 2022

Although SPCPs have been available under the ECOA and Regulation B for over 45 years, until the CFPB issued its Advisory Opinion in December 2020, financial institutions were historically reluctant to use SPCPs because of regulatory uncertainty concerning compliance and the potential for examination criticism.

Regulation 78

Regulation Lending FDIC Compliance 78

Abrigo

JULY 14, 2023

Would you like other articles like this in your inbox? For example, your top goal for next year might be to expand your lending geographic footprint. Obviously, these two goals are interrelated – without excess liquidity, the institution will need to provide additional funding to meet the target to expand the lending footprint.

Strategy 195

Strategy Data Analytics Analysis 195

Abrigo

DECEMBER 10, 2021

This article is substantially updated from a 2015 blog post. Particularly for internal loan review departments, personnel must have the skills to understand the loan portfolio and the overall credit culture of the institution, skills on par with their counterparts on the lending side.

Training 195

Training Policies Data Guidelines 195

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. Learn More.

Compliance 195

Compliance Operations Regulation United States 195

Abrigo

DECEMBER 7, 2021

Would you like other articles like this in your inbox? In that case, this could indicate a lack of a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for BSA/AML and OFAC compliance. Fraud Prevention.

How To 195

How To Fraud Analysis Compliance 195

South State Correspondent

MARCH 14, 2024

In this article, we want to go deeper to show how by increasing your planning horizon, you can increase your long-term performance. 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. We were inundated with questions and opinions.

Innovation 195

Innovation Strategy Capital Comparison 195

PYMNTS

APRIL 20, 2017

s Big Four banks — Barclays, HSBC, Lloyds and RBS — as FinTechs that lend and provide accounting and other financial services similarly populate the U.S., Many of these companies take a digital-first approach to their offerings, and that means a digital approach to compliance, too. Take, for instance, SME lending. In the U.K.,

Compliance 110

Compliance Innovation social media Lending 110

Abrigo

OCTOBER 1, 2014

A recent American Banker article discussed why the local food movement is good for community banking. Develop a relationship-based lending framework. There is also good news for small business owners (SBOs), as bank-to-business lending is expected to increase in 2014. Develop a relationship-based lending framework.

Community Bank 170

Community Bank Community Capital Lending 170