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Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. .

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Interest rate risk management in a rising rate environment

Abrigo

WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs.

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Biz2Credit Raises $52M In Funding To Expand

PYMNTS

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

Lending 122
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Multinational Corporates Face Rising FX Hedging Pressure

PYMNTS

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. banks will face a credit shortage following Brexit, leaving small businesses without access to capital.

Policies 143
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10 Top Banking Podcasts You Should be Listening to

Abrigo

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Stay up to Date.

Community 195
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Fundbox, Tipalti Tip The B2B Payments VC Scales

PYMNTS

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. announced a $10 million Series A round, with venture capital provided by Sierra Ventures and existing backers Revolution Ventures, KGC Capital and Tom Williams. said this week. ZenBusiness.

Payments 149
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How to Win Small Business Loans This Year

Abrigo

Configured vs. Customized Considering the complexity of the banking technology ecosystem, it is rare that a financial institution has the capital and wherewithal to build its own lending software system. Lending & Credit Risk. Portfolio Risk & CECL. Jump-Start Digital Transformation with Change Management.

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