Abrigo

NOVEMBER 9, 2022

For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. Use a software tool [and] ensure your auditors and regulators are in the loop on progress.” This year’s Abrigo CECL implementation survey shows that banks and credit unions are generally on track for implementation.

Survey 195

Survey Software Resources Meeting 195

FICO

APRIL 21, 2020

Community banks need to take these concepts and move them into reality. Most financial activities – and entire loan application processes – can be handled electronically (including proof of identity, document verification, fraud identification, e-signatures, and more). But we can rebuild. We have the innovation and technology.

Community Bank 75

Community Bank Community Lending Fraud 75

Abrigo

FEBRUARY 6, 2024

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage.

Fraud 221

Fraud Training Trends Regional 221

Abrigo

MAY 8, 2024

How banks and credit unions use genAI today Short supporting copy. You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." GenAI is seeing varied use cases in banking. Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence.

Examples 195

Examples Fraud Resources Risk Management 195

Gonzobanker

DECEMBER 22, 2015

Community bank marketing resources. With market opportunity heating up and big bank and big credit union competitors hitting hard, too many community banks lack marketing resources … or they have 2X more spending in sponsorships than the campaigns, analytics and digital sales improvements that actually bring in new business.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. The report arrives at a time of growing optimism for U.S.

Fintech 194

Fintech Security US United States 194

Abrigo

APRIL 8, 2020

While these loans are 100% guaranteed by the SBA, fraud is still a concern. In addition , institutions are determin ing if their onboarding processes are adequate for these loans, noting that the y may be more susceptible to fraud and other illicit funding purposes since no collateral or personal guarantees are required.

Compliance 195

Compliance Lending Fraud Community 195

FICO

MAY 6, 2020

Big banks are taking the automated route instead. Their digital systems are not designed to handle the PPP loan program, and they do not immediately have the regulatory processes in place to detect risk and fraud for these circumstances. We will soon see who wins this race between community banks and big banks.

Community 52

Community Community Bank Lending System 52