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AI and generative AI use cases in banking: 6 real-world examples

Abrigo

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." Seeing generative AI use cases can help bankers, risk managers, and financial crime professionals better understand it. Introduce key takeaway below.

Examples 221
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The Future of Noninterest Income at Financial Institutions

Abrigo

You might also like this webinar: "Is inflation the big gift to your 2022 earnings?". Takeaway 3 Community banks have seen less volatility in noninterest income, and many are still eyeing growth across the category. To remain competitive, some of the nations’ largest banks have introduced new products.

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How the 2022 Stress Test Scenarios Can Help Small Banks & Credit Unions

Abrigo

Why smaller institutions stress test Despite the total assets threshold noted above, regulators continue to emphasize that all banking organizations regardless of size should have the capacity to analyze the potential impact of adverse outcomes on their financial condition. Portfolio Risk & CECL. Portfolio Risk & CECL.

Capital 195
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Best Practices for Managing Credit Risk in Recession

Abrigo

is officially in a recession, according to the National Bureau of Economic Research. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. The national effects remain opaque and will continue to change – do not get complacent.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. or largely focused on the domestic banking market. Lending & Credit Risk. Portfolio Risk & CECL.

Community 195
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The business case for portfolio stress testing

Abrigo

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
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.