Abrigo

SEPTEMBER 7, 2023

However, AML system optimization , or parameter tuning, is critical for monitoring to be risk-based and the most effective for your FI’s market, products, and customer or member base. Learn about the benefits and logistics in this whitepaper.

Fraud 221

Fraud Training System Trends 221

Chris Skinner

APRIL 18, 2017

The banker took exception to purely being a store of value, and felt that the risk management aspect of banking was a critical part of their function. I argued that the bank’s risk management function is being eaten by software. He scoffed, and said that my discussion was too far out.

Risk Management 321

Risk Management Analytics Lending Software 321

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. as discussed in my previous blog. We are incredibly proud of our customers continued input into our offering, especially in our most current release of OpenPages with Watson v8.1

Risk Management 125

Risk Management Compliance Management Policies 125

Abrigo

SEPTEMBER 7, 2023

This blog post explores examples of five key reports to provide financial institutions with insight into their credit and lending processes and their portfolios. What are the credit trends in our portfolio and market? and then observing where the balance or count of loans have moved in terms of the credit risk indicator.

Report 195

Report Lending Trends Data 195

Perficient

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

social media 170

social media Risk Management Analysis Industry 170

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. as discussed in my previous blog GRC is everyone’s business. 2019 Gartner Magic Quadrant for IT Risk Management.**. What is OpenPages with Watson?

Risk Management 70

Risk Management Compliance Management Policies 70

Abrigo

JANUARY 18, 2017

The below Venn diagram from NAFCU Compliance Blog outlines in broad strokes the difference between Commercial Loans and MBLs. While this represents significant new growth opportunities for credit unions, it also opens up new areas of potential risk.

Lending 150

Lending Risk Management Management Compliance 150

Abrigo

FEBRUARY 25, 2022

Takeaway 3 Keep an eye on updates to changing markets, including cannabis and antiquit ies trading . The current guidance for FinCrime models was written in 2011 and meant for credit and market risk. Takeaway 1 Now is the time to create a project plan for future BSA/AML regulatory guidance . What to Watch. keep me informed.

Regulation 195

Regulation Policies Compliance Washington 195

Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. Maintaining a service provider oversight program to address risks to service provider relationships. Central Bank Digital Currency (CBDC) ).

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

NOVEMBER 9, 2020

Tracking exceptions in aggregate across the portfolio can point out holes in underwriting standards or compliance problems. Automated reporting ensures information is generated efficiently and can be reviewed regularly by management or examiners. Lending & Credit Risk. Credit Risk Management. Learn More.

System 195

System Lending Software Risk Management 195

FICO

NOVEMBER 15, 2022

FICO is transitioning its Siron ® compliance business to IMTF, a Swiss global leader in regulatory technology, and a partner in the Siron business for more than 20 years. Siron’s anti-financial crime solutions provide organizations with analytics-driven applications for end-to-end financial crime compliance. chevron_left Blog Home.

South Carolina 52

South Carolina Compliance Analytics Software 52

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. The fintech market is growing exponentially, and it can feel overwhelming trying to decide which vendor would be the best partner for the financial institution.

Fintech 195

Fintech How To Innovation System 195

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 221

Risk Management Regulation Management Lending 221

Abrigo

AUGUST 8, 2021

Takeaway 3 Timely risk ratings and a written review policy are critical components of effective loan review and credit review. This article is substantially updated from a 2013 blog post. An effective credit risk review system assesses “the adequacy of and adherence to internal credit policies and loan administration procedures.”

System 195

System Lending Policies Regulation 195

Abrigo

AUGUST 6, 2021

Acquisitions allow organizations to spread costs across a larger asset base, recognize synergies within business lines, reduce staff, and consolidate branches in overlapping markets. Technology can help streamline and automate many manual lending processes, reduce compliance costs, and enhance risk management. Learn More.

Community Bank 195

Community Bank Community Kansas City Lending 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. This reflects a larger industry trend.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Insights on Business

JANUARY 17, 2019

Optimizing risk, compliance and security. In 2019, the financial services industry will continue to be disrupted by new customer experience expectations, market entrants, emerging ecosystems, digital transformation and shifts in a variety of economic and technological trends. IBMFintech Twitter. IBMLive Twitter.

San Francisco 93

San Francisco CA social media blockchain 93

Insights on Business

SEPTEMBER 26, 2019

In my May 2019 blog, “Has GRC Reached Its Tipping Point? Observations From The Front Lines” , I described a set of common patterns that are driving business initiatives in Governance, Risk & Compliance. Figure 1: GRC Gets Personal – Improving the Culture for Risk & Compliance through personalization.

Compliance 127

Compliance Examples Policies Management 127

Gonzobanker

NOVEMBER 22, 2022

Now is the time for bankers to engage lawmakers in how the crypto and digital asset market shapes up. Well, Gonzobankers, the smart, idealist and self-declared revolutionary crypto kids just bought themselves a future of regulation — intricate, overbearing, and frustrating regulation, and regulation that the market will now demand.

Regulation 178

Regulation blockchain Marketing Strategy 178

Abrigo

JANUARY 24, 2021

15 due to compliance with specific health and safety requirements as outlined in the PPP Flexibility Act. Credit Risk Management. Lending & Credit Risk. Trepp’s Review and Outlook on Commercial Real Estate Market. Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management.

Lending 195

Lending Risk Management Management Payments 195

Abrigo

FEBRUARY 9, 2016

They may include: - Competing and conflicting interests: growth vs. risk - Disconnected processes, departments and technology - Little transparency into portfolio health over time - Lots of data, few actionable insights. “As 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

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. Provide support for Operational Risk Capital Modelling by providing tail event information to extrapolate trends or curves.

Case Study 79

Case Study Study Compliance Risk Management 79

Insights on Business

OCTOBER 31, 2019

In the continued evolution of the IBM Governance Risk and Compliance (GRC) product line, I am pleased to announce that effective today, Algo FIRST (FIRST) is rebranded to IBM FIRST Risk Case Studies. Provide support for Operational Risk Capital Modelling by providing tail event information to extrapolate trends or curves.

Case Study 70

Case Study Study Compliance Risk Management 70

Insights on Business

SEPTEMBER 26, 2019

In my May 2019 blog, “Has GRC Reached Its Tipping Point? Observations From The Front Lines” , I described a set of common patterns that are driving business initiatives in Governance, Risk & Compliance. Figure 1: GRC Gets Personal – Improving the Culture for Risk & Compliance through personalization.

Compliance 87

Compliance Examples Policies Management 87

PYMNTS

FEBRUARY 14, 2018

Microsoft wants to explore how blockchain could impact the digital identity landscape and, according to the company’s blog , Microsoft Identity Division Director of Program Management Alex Simons and his team are taking a big step into this space.

blockchain 111

blockchain Compliance Mobile Technology 111

Abrigo

NOVEMBER 19, 2015

More than 65 percent of respondents believe their bank needs to grow significantly to compete in today’s market. For banks that have not acquired or merged since 2008, the top reasons for not doing so were preference to grow organically (32 percent), target prices too high (16 percent) and compliance and/or regulatory issues (14 percent). •

Survey 150

Survey Risk Management Industry Compliance 150

Perficient

JANUARY 16, 2024

This blog, the first in a series by Perficient’s Risk and Regulatory Center of Excellence (CoE), provides actionable measures your company can adopt to safeguard against senior-level embezzlement risks and maintain the integrity of your institution’s financial transactions.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Abrigo

AUGUST 4, 2015

The most senior risk management executives at these institutions are under the spotlight, both in the industry and in the media. So when late last month Bank of America announced a management overhaul that directly impacted this important review, it left some in finance scratching their heads.

Resources 150

Resources America Compliance Michigan 150

BankUnderground

JUNE 25, 2020

But potential fragmentation of the global data supply chain now poses a novel risk to financial services. In this blog post, we first discuss the importance of data flows for financial services, and then potential risks from blockages to these flows. Big Data and financial services.

Data 108

Data Big Data Regulation Risk Management 108

FICO

SEPTEMBER 7, 2022

With a cost-of-living crisis and soaring energy costs across Europe and other countries, it's important to re-evaluate debt collections and customer risk management strategies. Others opted for a tactical stop gap to meeting the regulatory demands of compliance, involving more manual checking and work during every reporting cycle.

Strategy 52

Strategy Risk Management Management Operations 52

FICO

JANUARY 4, 2018

What were some of the most interesting risk analytics topics last year? Judging from the views on the FICO Blog, risk professionals are keenly interested in new ways to approach risk analytics. Yes, and psychometric risk analytics could expand credit in markets worldwide. Read the full post.

Analytics 58

Analytics Data DC Millennials 58

FICO

JANUARY 12, 2022

It’s a topic that I addressed in a separate blog recently as well: Technology Convergence: Fighting Fraud and Financial Crime. At FICO, we emphasize explainability in everything we do – a fact that my colleague Dr. Scott Zoldi eloquently details in his blog post Creating Explainable AI. That largely depends on your organization.

Fraud 52

Fraud Technology Management Trends 52

FICO

DECEMBER 20, 2022

Vice President, Product Management. Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. real-time payments market alone hit about 2 billion transactions this year, but should grow to 9 billion transactions in 2026, worth more than $10.5

Fraud 52

Fraud Payments South Carolina Compliance 52

FICO

MAY 27, 2021

This year the 12 winners have demonstrated extraordinary innovation in very different industries and markets. . Decision Management Innovation. eDriving , a leading global provider of digital driver risk management programs, partnered with FICO to create a score based on telematic driving data. Regulatory Compliance.

Analytics 52

Analytics Fraud Management America 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