Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” While the final guidance clearly applies to larger financial institutions, community banks should still take note.

Community Bank 208

Community Bank Community Guidelines Risk Management 208

Abrigo

OCTOBER 23, 2014

Community banks certainly want to remain conservative with risks and follow regulations. 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

Abrigo

SEPTEMBER 7, 2023

They can result in sub-optimal lending for community banks and credit unions as well as the communities they serve across the country. This blog post explores examples of five key reports to provide financial institutions with insight into their credit and lending processes and their portfolios. Learn more about Abrigo Connect.

Report 195

Report Lending Trends Data 195

Abrigo

FEBRUARY 2, 2015

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. According to PWC , rising prices can have substantial implications on fraud risks. The downturn in the economy has undoubtedly affected fraud statistics as well.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

NOVEMBER 10, 2014

According to CB Insight , community bankers felt Q3 was a light one in terms of regulatory compliance. However, the Q3 2014 Banking Compliance Index (BCI), shows otherwise. For most community banks, this is difficult to address, especially if regulatory changes continue to increase. Blog Bank Credit Union'

Risk Management 170

Risk Management Community Bank Compliance Community 170

Abrigo

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. See Part I: Implications for Community Financial Institutions. 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. USA PATRIOT Act enacted.

Training 195

Training Risk Management Pennsylvania Resources 195

ABA Community Banking

DECEMBER 31, 2014

Compliance Risk Management Blogs Common Sense Compliance BSA/AML Compliance/Regulatory. 1Common Sense Compliance' Chilling effect? Or extreme performance incentive?

Compliance 69

Compliance Risk Management Management 69

Abrigo

JUNE 4, 2020

15 due to compliance with requirements or guidance from the U.S. Credit Risk Management. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. 5 Inefficiencies Community FIs Must Resolve to Prepare for Economic Uncertainty. Credit Risk Management.

Lending 195

Lending Risk Management Management Community 195

ABA Community Banking

JANUARY 22, 2016

Silence, stonewalling, and silos can all lead to compliance problems Compliance Risk Management Blogs Common Sense Compliance Compliance Management Compliance/Regulatory.

Compliance 40

Compliance Risk Management Management 40

Abrigo

DECEMBER 2, 2021

Indeed, deposit levels to transaction accounts among community banks exploded 74% to $896.5 31, 2019, and June 3, 2021, according to the Community Banking in the 21st Century report. It's "business as usual" as far as expectations for compliance staff to remain alert for illicit financial activity. Lending & Credit Risk.

Conference 195

Conference San Antonio Lending Fraud 195

ABA Community Banking

APRIL 27, 2016

Some parting words from a veteran Compliance Risk Management Blogs Common Sense Compliance Compliance Management Compliance/Regulatory.

Compliance 40

Compliance How To Risk Management Management 40

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk.

Fintech 195

Fintech How To Innovation System 195

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. Learn more about the Sageworks Credit Risk Management Solution.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

ABA Community Banking

OCTOBER 24, 2014

Compliance Risk Management Blogs Common Sense Compliance Compliance Management. 1Common Sense Compliance' Dumb errors surface. But is the joke on us?

Compliance 40

Compliance Risk Management US Management 40

ABA Community Banking

SEPTEMBER 29, 2015

Large banks spend megabucks on compliance. They can get more for their money than a good rating Risk Management Blogs UNconventional Wisdom Operational Risk.

Compliance 40

Compliance Risk Management Operations Management 40

Abrigo

APRIL 12, 2016

Directors overseeing a bank’s operations are important partners in supervisory efforts, the FDIC noted in the article (“A Community Bank Director’s Guide to Corporate Governance: 21st Century Reflections on the FDIC Pocket Guide for Directors.”). Risk management culture What exactly is a risk management culture?

Management 150

Management FDIC Risk Management Community Bank 150

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

Risk Management 222

Risk Management Regulation Management Lending 222

ABA Community Banking

DECEMBER 18, 2015

It’s not just community banks that are disappearing Management Financial Trends Risk Management Blogs Talking Credit Compliance/Regulatory.

Risk Management 40

Risk Management Community Bank Compliance Community 40

ABA Community Banking

NOVEMBER 15, 2015

More than a battle of words, the AML community can greatly aid the ongoing response to terrorists Compliance Risk Management Blogs AML & Fraud BSA/AML.

US 40

US Risk Management Fraud Compliance 40

ABA Community Banking

JULY 10, 2015

What community banks can learn from large-bank risk requirements Risk Management Blogs Risk Adjusted Operational Risk Compliance/Regulatory.

Risk Management 40

Risk Management Community Bank Compliance Community 40

ABA Community Banking

APRIL 26, 2015

Handling squeeze between regulators and investors Risk Management Blogs Risk Adjusted HowTo Compliance/Regulatory Community Banking.

Capital 40

Capital Risk Management Community Bank Compliance 40

ABA Community Banking

MARCH 18, 2016

Management Risk Management Blogs Talking Credit CSuite. Is the regulatory burden transforming bankers’ heads?

Compliance 40

Compliance Risk Management Management 40

CFPB Monitor

APRIL 1, 2021

Augmenting risk management and control practices. The agencies observe that the potential risks associated with using AI are not unique to AI, such as creating operational vulnerabilities and consumer protection risks (fair lending, UDAAP, privacy). AI use by community institutions. Uses of AI. Cybersecurity.

Risk Management 78

Risk Management Training Lending FDIC 78

ABA Community Banking

OCTOBER 2, 2014

Regulations for federal contractors due in October Human Resources Management Risk Management Blogs The Human Element Compliance/Regulatory. 1The Human Element'

Risk Management 63

Risk Management Resources Compliance Regulation 63

Abrigo

FEBRUARY 9, 2016

Given the many differences between a community institution and a bank with $100 billion in assets, the challenges facing back executives and their financial institutions may differ dramatically at various times. Compliance staff may require certain operational processes that delay credit approval and impede competitiveness.

Compliance 150

Compliance Lending System Data 150

ForwardBanker

DECEMBER 28, 2017

Well, the end of the year is quickly approaching which is a great time to recap another great year for our blog. I just wrapped up my fifth year of being editor of the blog and I am excited about some of the changes we’ve seen this year. We did a reorganization of the existing.

Meeting 33

Meeting Big Data Risk Management Community Bank 33

ABA Community Banking

DECEMBER 1, 2015

Three certainties: There’s more coming; it will be powerful but misguided; and we won’t like it Risk Management Blogs Talking Credit Compliance/Regulatory.

Regulation 40

Regulation Risk Management Compliance Management 40

ABA Community Banking

NOVEMBER 23, 2015

How well you handle exam findings initially may determine how hard you get slapped—if at all Risk Management Blogs Risk Adjusted Compliance/Regulatory.

Risk Management 40

Risk Management Compliance Management 40

Abrigo

JULY 30, 2015

Will I still be in compliance with capital ratios? And given that Basel III is out and effective, will I be in compliance with fully phased-in Basel III capital ratios?”. In addition, institutions – especially community banks -- have operational concerns, McNairy added. “Do Learn more about the speakers and event.

Data 150

Data Community Bank Capital Compliance 150

Celent Banking

APRIL 18, 2016

As many of this blog's readers know, the vision for Celent’s Model Bank research, now in its ninth year, is to spotlight effective uses of technology in banking. Cash Management and Trade Finance. Security, Fraud, and Risk Management. Corporate Payments and Infrastructure Modernization. Bank of China, China.

US 100

US Case Study Risk Management America 100

FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. Have lunch with your counterpart in fraud or compliance. Tue, 07/02/2019 - 02:45.

Fraud 52

Fraud Management Data Compliance 52

FICO

AUGUST 3, 2022

FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. For payments, risk, fraud prevention and financial crimes professionals, FICO World 2022 delivered a wealth of information on rapidly emerging trends and solutions. chevron_left Blog Home. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

Abrigo

OCTOBER 23, 2015

Behringer, McGladrey’s national leader for credit risk services. Portfolio stress tests can provide a number of benefits beyond compliance with regulatory expectations, Behringer said recently at the 2015 Risk Management Summit hosted by Sageworks.

Capital 150

Capital Analysis Examples Risk Management 150

Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. These tips can help ensure compliance while improving your offerings. This step sets the foundation for effectiv e risk management by understanding the unique challenges associated with the product.

Fraud 222

Fraud Training Risk Management Software 222

Abrigo

JUNE 18, 2020

15 due to compliance with specific health and safety requirements as outlined in the PPP Flexibility Act. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. 5 Inefficiencies Community FIs Must Resolve to Prepare for Economic Uncertainty. C&I Loans. CRE Lending. SBA Lending.

Lending 293

Lending Strategy Risk Management Compliance 293