Remove articles is-cash-here-to-stay
article thumbnail

Tax ID Fraud is Taxing on Financial Institutions

Abrigo

Would you like other articles like this in your inbox? Staying on top of suspicious activity is a taxing job. we can help Here are some warning signs to detect tax ID fraud, as indicated by FinCEN, the IRS, and law enforcement: Multiple tax refund direct deposits intended for various individuals, but all channeled to one account.

Taxes 195
article thumbnail

ALM 101: Introduction to Asset/Liability Management – Part 1: ALM Goals & Approaches

Abrigo

Takeaway 1 ALM in banking means managing the cash flows of assets and liabilities to increase profitability, manage risk, and maintain safety and soundness. . This article kicks off a series intended to highlight how ALM can help financial institutions get the most profitability out of their balance sheets while managing their risk profiles.

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 To Sell Prepayment Provisions In Commercial Loans

South State Correspondent

In this article, we focus on prepayment provisions and look at how a past gold medal winner does it. Here, we will focus on the structure where the borrower’s prepayment charge will equal 5,4,3,2 or 1 percent of the loan balance for years 1 through 5 of the loan. probability) that the borrower will repay early.

How To 195
article thumbnail

7 Fraud and AML compliance reports for bank boards and credit unions

Abrigo

Here are several types of reports that provide vital information. Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. You might also be interested in this AML/CFT risk assessment checklist.

article thumbnail

ALM 101: Introduction to Asset/Liability Management-Part 4: Liquidity Risk

Abrigo

Would you like other articles like this in your inbox? Takeaway 1 Liquidity is the capacity to meet cash and collateral obligations readily at a reasonable cost. Takeaway 1 Liquidity is the capacity to meet cash and collateral obligations readily at a reasonable cost. This is the fourth post in a series. . Defining Liquidity.

article thumbnail

How To Improve Uninsured Deposit Performance

South State Correspondent

In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently. Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators.

How To 195
article thumbnail

Trade-based money laundering: The link to terrorist financing

Abrigo

Would you like others articles like this in your inbox? This article was written by Mista Roberts Howard, Senior Financial Crimes Investigator at Abrigo Takeaway 1 Criminal organizations use trade-based money laundering in part because it is difficult to detect. Awareness What is trade-based money laundering?

Training 195