Abrigo

MAY 2, 2024

In this blog, we will explore best practices and strategies for small business lending. By the end of this blog, you'll have a comprehensive understanding of how to optimize small business lending within your financial institution. This structure ensures that the lending process is efficient and follows a standardized approach.

Lending 195

Lending Strategy Analysis Policies 195

Abrigo

JUNE 8, 2017

To provide bank management and the board with an objective assessment of credit quality and ongoing portfolio management 3. To serve as a critical component of a comprehensive, enterprise-wide, risk management practice 4.

Risk Management 150

Risk Management Management Policies Lending 150

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? For rookies and experts.

Resources 195

Resources Risk Management Study Strategy 195

BankUnderground

NOVEMBER 2, 2022

Operational risk is rapidly becoming one of the most important threats to the financial system but is also one of the least well understood. Cyber attacks are regularly cited as one of the top risks faced by firms in the financial sector and one of the most challenging to manage. Rachel Adeney and Amy Fraser.

Operations 87

Operations Policies System Regulation 87

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Another popular category in the underground is account markets. There are many operators of mule networks offering their services on the Dark Web.

Fraud 307

Fraud Tools social media Cards 307

Perficient

JUNE 11, 2020

In the final installment of this blog series, I look at the future of pharmacovigilance. While the presented earlier is merely an example, it is based on real PV practices of a few forward-looking marketing authorization holders. Remember the tenants of safety surveillance, but also the total risk management system.

Analytics 309

Analytics Risk Management System Analysis 309

Abrigo

SEPTEMBER 7, 2023

Often, those alerts mostly likely are routed to the operations area of the financial institution. Raise your hand about ACH risks. The operations area should communicate with the BSA/AML area if this function is failing. ACH warnings/exceptions matter. Don’t ignore warnings and exceptions generated from the ACH system.

Fraud 221

Fraud Training System Trends 221

Abrigo

DECEMBER 7, 2021

Financial institutions with strong, independent loan review can react more quickly to changes in the market, according to Ancin Cooley , principal of Synergy Bank Consulting and Synergy Credit Union Consulting. Credit Risk Management. Lending & Credit Risk. Risk Ratings. Lending & Credit Risk.

Risk Management 195

Risk Management Lending Survey Report 195

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. Gartner, Magic Quadrant for Integrated Risk Management Solutions, July 2019, Magic Quadrant for IT Risk Management, July 2019.

Risk Management 125

Risk Management Compliance Management Policies 125

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. What events could jeopardize our operational liquidity?

Management 195

Management Meeting Risk Management Operations 195

Cisco

JULY 12, 2022

Regulatory requirements are a key operational concern that we hear about from our financial customers. The FFIEC’s scope is much broader than simply the IT aspects of digital financials, as it includes credit markets, fraud, BSA/AML, liquidity, and other areas of interest for regulatory bodies. Infrastructure Management.

Regulation 71

Regulation FDIC System Software 71

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

FEBRUARY 23, 2022

Indeed, the financial institutions surveyed most frequently identified the following as their top challenges in small business lending: Efficiency Process, operations, and staffing Competition Over half of the survey respondents cited efficiency as a challenge when it comes to small business lending. Lending & Credit Risk.

How To 195

How To Lending Software Survey 195

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

MAY 2, 2022

Confident Risk Management Begins with Sound Loan Policy A risk-based approach to loan policy can effectively improve your institution's profitability. Takeaway 1 Loan policy is the foundation of a risk-focused financial institution, and it requires regular updates and monitoring to be effective. Learn More. Learn More.

Policies 195

Policies Lending Regulation Examples 195

Abrigo

OCTOBER 15, 2020

Unqualified borrowers The PPP application requires a borrower certification stating that the “current economic uncertainty makes this loan request necessary to support the ongoing operation of the Applicant.” Furthermore, the FAQ clarifies that the loans were not intended for companies with access to equity in the market. SBA Lending.

Fraud 150

Fraud Lending Los Angeles Taxes 150

PYMNTS

JANUARY 31, 2018

The eCommerce marketplace said PayPal will remain a payments option at checkout through this new intermediated model, which, the company said in its blog post, will extend into 2023. The company said eBay sellers will not need to change their accounts and can log in and manage listings on a daily basis.

Payments 149

Payments Customer Experience Risk Management America 149

Abrigo

NOVEMBER 9, 2020

A smooth, effective loan administration process is like the defensive line against unnecessary loan losses, given that it impacts operations from the time a loan is approved until it is off the bank or credit union’s books. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Learn More.

System 195

System Lending Software Risk Management 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. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

OCTOBER 29, 2014

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Insights on Business

JANUARY 17, 2019

Digitally transforming operations, operating models and technologies to compete in a changing industry structure. Optimizing risk, compliance and security. Simply choose Banking, Financial Markets, Insurance under the Industry filter in the planner. Return soon to read more Think 2019 financial services blogs.

San Francisco 93

San Francisco CA social media blockchain 93

Abrigo

JULY 20, 2021

B y marketing that your financial institution offers SBA loan origination, you provide additional products that expand opportunities to businesses. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

B y marketing that your financial institution offers SBA loans, you provide additional products that expand opportunities to businesses. During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp.

Lending 195

Lending FDIC Capital Risk Management 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

PYMNTS

AUGUST 3, 2018

2) on the WorldFirst blog , revealed that nearly one-third of the 1,000 small businesses surveyed said they made at least one foreign transaction every month in 2018’s second quarter, a 6 percent increase from Q1 stats. remains the top trading partner for the market. The data, published Thursday (Aug. “Over 1.8

Survey 100

Survey Risk Management Data Strategy 100

Abrigo

APRIL 1, 2015

Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk. If the bank isn’t required to maintain a risk committee (under $10 billion in assets), is there an appropriate degree of focus and attention on risk management?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

FICO

SEPTEMBER 29, 2022

Delivering Trust for Risk-Aware Telcos - Using Data and Analytics. The ability to deliver risk-aware, pre-screened customer offers in near-to real-time is everything for telcos. In today’s markets, providers can opt to reduce their costs by making customer decisions based on the most accurate data sets only. FICO Admin.

Analytics 52

Analytics Data Risk Management Customer Experience 52

Abrigo

JUNE 17, 2015

The report, from the Federal Reserve Bank of Kansas City , stated that demand could remain high since futures markets for fall crops show prices are likely to remain low because of the potential for another record harvest. The challenge is that market conditions in this type of lending tend to be volatile. Production costs 3.

How To 150

How To Kansas City Lending Analysis 150

Abrigo

JANUARY 24, 2021

Credit Risk Management. Lending & Credit Risk. Trepp’s Review and Outlook on Commercial Real Estate Market. Lending & Credit Risk. Portfolio Risk & CECL. From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk. Credit Risk Management. CRE Lending.

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

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 79

Case Study Study Compliance Risk Management 79

Abrigo

MARCH 2, 2015

Recent comments from Darrin Benhart , deputy comptroller for supervision risk at the OCC, highlighted the OCC’s concerns about the evolution of the auto loan market and the risks that are being taken. Blog Bank Credit Union'

Risk Management 150

Risk Management Tools Conference Management 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. This has been driven by three factors.

Data 105

Data Big Data Regulation Risk Management 105

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 70

Case Study Study Compliance Risk Management 70

FICO

JANUARY 12, 2022

Should you centralize or converge fraud and financial crimes operations and technology? It’s a topic that I addressed in a separate blog recently as well: Technology Convergence: Fighting Fraud and Financial Crime. That largely depends on your organization. Flexibility and Explainability. Video Discussion : 9:20-13:50).

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

SEPTEMBER 27, 2019

BankiFi operates APIs to enable banking clients access to a range of business banking infrastructure to augment their own small business and corporate banking operations. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35

Payments 149

Payments Capital Taxes Lending 149