South State Correspondent

APRIL 23, 2023

The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple. Bankers need to understand and manage their business on the fair value of assets and liabilities instead of managing their business on net interest margin and the amortized historical cost of assets and liabilities.

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Management Security Risk Management social media 195

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

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Report Risk Management Capital Data 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? As you begin the process of assessing your organization’s needs, here are three things to keep in mind: Identify where silos around legacy risk management policies exist in your bank. The staff and support are very friendly, helpful, and responsive."

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Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? As you begin the process of assessing your organization’s needs, here are three things to keep in mind: Identify where silos around legacy risk management policies exist in your bank. The staff and support are very friendly, helpful, and responsive."

Technology 195

Technology Fraud Compliance Regulation 195

Independent Banker

APRIL 30, 2022

For this and other reasons, now is a good time to review and refresh articles, bylaws and committee charters to ensure resilience and bolster risk management. But if they see it as a risk management tool, it’s a game changer. By Susan Springer.

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Oregon Community Bank Community Meeting 91

Abrigo

SEPTEMBER 5, 2023

In this article, I'll cover what a credit exception is, recommendations for creating loan/credit exceptions, and tips for developing an exception policy for the financial institution. Abrigo’s credit risk software automates loan administration processes like managing ticklers and tracking loan document and credit exceptions.

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Policies Lending Risk Management Examples 195

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? The payment rail has some built-in anti-fraud capabilities.

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Fraud Payments Security Resources 195

South State Correspondent

FEBRUARY 27, 2024

In this article, we would like to define loan pricing discipline and cover bid, why it matters, and demonstrate how most community banks currently are not using loan pricing discipline. Pricing to the competition is an abdication of management’s duties because it effectively transfers an important corporate power to the competition.

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How To Community Bank Community Management 195

Abrigo

APRIL 1, 2015

Unfortunately, the recent economic crisis highlighted shortcomings in boards’ understanding of risks and the proper oversight of those risks. A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards.

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Risk Management Community Bank Regulation Boston 150

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Would you like other articles on loan review in your inbox? Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution.

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System Lending Policies Regulation 195

PYMNTS

JULY 8, 2020

The company also utilizes a suite of anti-hacking tools called Safety Net, which provides network-level security by looking for unusual behaviors and potential cyberattacks. AI Also Helps Manage Credit Risk. You want to be able to manage credit for the lifecycle of the user,” Jha said.

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Fraud Management Risk Management Company 274

NCR

NOVEMBER 11, 2016

Articles from the NCR blog, Mobey Forum and PayPal. The risk of human fallibility – The weakest link in mobile banking risk management might be the customer, according to global finance industry association Mobey Forum.

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ATM Mobile Security Risk Management 56

Gonzobanker

SEPTEMBER 21, 2023

NYMBUS secured Series D financing (led by Insight Partners), partnered with Hurdlr for small business banking; with Atty Bank, Saint Louis Bank ’s legal community bank; and with Roger, Citizens Bank of Edmond ’s military niche bank. Core10 secured a Series B funding round led by Patriot Financial Partners with JAM FINTOP and the ICBA.

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Abrigo

SEPTEMBER 10, 2021

Would you like other articles like this in your inbox? Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations.

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Training Risk Management Pennsylvania Resources 195

Cisco

FEBRUARY 1, 2021

Especially after a year as transformative as 2020, so often, by the time an article is released, the industry has already pivoted its gaze elsewhere. Podcast #3: Security, compliance, & risk management. In the ever-changing financial services industry, we realize the importance of timely, relevant industry updates.

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Risk Management Industry Compliance Management 71

Insights on Business

JULY 18, 2018

Media coverage of the milestone release was very positive including high profile articles in Forbes and American Banker. On July 16, Gartner published the 2018 Magic Quadrant for Integrated Risk Management* and IBM OpenPages was once again positioned in the leader’s quadrant. Wheeler, Jie Zhang, Earl Perkins.

Risk Management 70

Risk Management Compliance New York City Innovation 70

Abrigo

NOVEMBER 17, 2023

The true cost of fraud goes beyond the initial reported fraud losses Would you like other articles like this in your inbox? Institutions must invest not only in advanced security measures and skilled personnel but also in client education and community engagement to combat fraud effectively. Measuring the cost of fraud losses.

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Fraud Training Trends Compliance 195

Abrigo

FEBRUARY 9, 2015

A credit risk rating system provides banks and credit unions the opportunity to grade transactions in their commercial loan portfolio by level of risk. CEIS Review , a New York-based bank consulting firm, recently published an article on these systems in their newsletter, The CEIS Quarterly. Blog Bank Credit Union'

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System Handbook New York Risk Management 150

Abrigo

SEPTEMBER 22, 2021

See below for key takeaways of this article. PCD Disclosures Some disclosures are the same, but disclosures tied to PCD accounting and AFS debt securities are changing under CECL. Portfolio Risk & CECL. Portfolio Risk & CECL. 4 Steps for Integrating CECL and Other Risk Management Models. Learn more.

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Security Examples National Report 195

Abrigo

JULY 21, 2021

Would you like others articles like this in your inbox? For example, a joint report is issued annually by the FBI, the Secretary of Homeland Security, and the Director of National Intelligence that assesses domestic terrorism and related data. Takeaway 1 Human trafficking and human smuggling often intersect with the financial industry.

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Training National Strategy Regulation 195

Abrigo

JULY 20, 2021

Want other articles like this on SBA loan origination in your inbox? During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Lending & Credit Risk. Credit Risk Management. Risk Ratings.

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Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

Would you like others articles like this in your inbox? During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

AUGUST 6, 2021

Would you like other articles like this in your inbox? 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.

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Community Bank Community Kansas City Lending 195

Abrigo

MAY 5, 2022

Would you like other articles like this in your inbox? Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. And all release a new episode at least monthly. Takeaway 2 With 2.8

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Community Lending Maine Resources 195

Abrigo

MARCH 29, 2017

According to a 2014 report by Cornerstone Research, allegations of accounting fraud surged 47 percent in securities class actions lawsuits in 2013. Securities and Exchange Commission (SEC) in the 2013-2014 fiscal year. AI will not replace your job, or your need to be vigilant in risk mitigation.

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Analytics How To eBook Fraud 150

TrustBank

FEBRUARY 22, 2021

Our risk management strategies provided the cushions we had expected during the market’s decline in 2020, with returns independent of the returns from both stocks and bonds. The views or opinions in this article are those of the author and do not necessarily represent the views of Washington Trust Bank or senior management.

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Capital Marketing Washington Trends 90

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

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Community Bank Compliance Risk Management Community 70

FICO

SEPTEMBER 30, 2022

Cortnie Abercrombie is a world recognized expert in AI and data analytics and has been named in media articles as one of “12 Brilliant Women in Artificial Intelligence & Ethics to Watch,” one of the “Top 100 Innovators in Data and Analytics,” and one of “10 Big Data Experts to Know.” Burcu Çalıcıoğlu, Akbank (previous winner).

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Meeting Analytics Management Strategy 52

FICO

MAY 19, 2023

Since the launch of the FICO® Score Display in February 2022, over 167,000 Prosper borrowers have utilized this feature, while Prosper’s informative blog articles receive over 25,000 monthly visits. Read this blog to understand some of many FICO approches available to help with financial inclusion.

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United States Lending social media Tools 52

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

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Payments Survey Fraud Software 100

NCR

JANUARY 24, 2017

In an article for The Financial Brand , Jim Marous, publisher of the Digital Banking Report, said the use of AI in banking is about to “explode” However, he also pointed out that some banks are taking a cautious approach to this concept, partly because of concerns such as regulatory compliance and security.

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Fraud Risk Management Innovation Analytics 40

NCR

JANUARY 24, 2017

In an article for The Financial Brand , Jim Marous, publisher of the Digital Banking Report, said the use of AI in banking is about to “explode” However, he also pointed out that some banks are taking a cautious approach to this concept, partly because of concerns such as regulatory compliance and security.

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Fraud Risk Management Analytics Innovation 40

CFPB Monitor

APRIL 25, 2022

As an enforceable condition of approval, the company entered into an operating agreement which sets forth, among other things, capital and liquidity requirements and the OCC’s risk management expectations. In granting this charter, the OCC applied the same rigorous review and standards applied to all charter applications.

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Compliance Digital Banking Training South Dakota 78

Jack Henry

MAY 13, 2015

In addition to periodic updates being provided by the FFIEC, there have been a multitude of articles on the topic of cybersecurity. Even though official guidance is still pending, the FFIEC has been using the past year to continue underscoring the importance of cybersecurity.

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Training Management Risk Management Security 60

Abrigo

APRIL 22, 2024

This article outlines some of the math behind small business lending and its profitability and suggests ways for banks and credit unions to better serve this important market while earning appropriate returns. Win more small business deals and grow market share.

Lending 243

Lending St. Louis Community Marketing 243

Fintech Labs Insights

JUNE 18, 2015

As a payments platform, WePay conducts business in a battlefield of daily security concerns. We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. For more detail on how we’re using machine learning, I’d direct people to our recent blog article on the topic: [link].

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Security Payments San Jose Fraud 12

Jeff For Banks

JULY 9, 2012

Morgan CEO, Jamie Dimon, uttered the words “tempest in a teapot” to describe the issues raised in articles by the Wall Street Journal in April regarding the risks of huge complex credit derivatives trades by J.P. Dimon and his bank have long been viewed as one of the best run banks in the world and leaders in risk management.

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Taxes Washington Risk Management Marketing 67