Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Kansas City Community Lending 195

Abrigo

APRIL 7, 2022

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." Takeaway 3 Short-term benefits are alluring, but a merger or acquisition is a long-term investment that requires careful management. When two financial institutions come together, the AML and fraud compliance functions will need to be consolidated.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” While the final guidance clearly applies to larger financial institutions, community banks should still take note.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications.

Data 195

Data Lending Compliance Resources 195

Abrigo

JUNE 19, 2022

You might also like these webinars especially for 2023 CECL adopters: "CECL Streamlined." And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. keep me informed. Related Subhead.

Tools 195

Tools Regulation Data Resources 195

Abrigo

MARCH 2, 2023

Banking technology decisions now affect future growth With the possibility of a recession, community financial institutions may consider a delay or cut in technology spending. But a community financial institution often has different needs related to origination than those of a giant lender. Experts say that would be a mistake.

Technology 195

Technology Lending Community Software 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. Prudent oversight is rooted in the directors sending a clear message to staff that they value a strong risk management culture that includes a strong ethical culture,” the FDIC said. Evaluating risk management.

Management 150

Management FDIC Risk Management Community Bank 150

Abrigo

NOVEMBER 15, 2019

In fact, banking regulators are in the process of issuing updated guidance on loan or credit risk review systems as a standalone document (rather than as part of guidance related to the allowance for credit losses as it is now) to emphasize their importance in broader risk management efforts. Keys to effective loan review.

System 150

System Lending Compliance Risk Management 150

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions. the Community Bank Leverage Ratio (CBLR) and the minimum Tier 1 leverage ratio).

Report 195

Report Risk Management Capital Data 195

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

CFPB Monitor

AUGUST 6, 2018

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. With this in mind, the July 2018 Bulletin focuses on a wide-range of consumer protection issues, including: Redlining.

Compliance 68

Compliance Risk Management Lending Training 68

Abrigo

SEPTEMBER 7, 2023

You might also like this on-demand webinar, "Identifying emerging CRE risks." Having dashboards or banking management reports that show the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, and other factors affecting loan growth can help a bank or credit union stay on top of and adapt quickly to trends.

Report 195

Report Lending Trends Data 195

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Win more small business deals: Watch this webinar on SMB Lending Best Practices. Would you like other articles like this in your inbox?

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

MAY 30, 2023

But compliance deadlines are tiered. However, compliance deadlines for affected financial institutions are tiered so that small business lenders originating the most transactions begin reporting data earlier than less active small business lenders. 1, 2024, is the earliest compliance deadline.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

DECEMBER 8, 2021

Set board expectations The board plays an integral role in creating a culture of compliance. Discuss how the community benefits from being instrumental in stopping illicit activity. Watch Webinar. Provide a copy of the FinCEN Advisory during the training. That is the type of front-page news you want for your institution.

Training 195

Training Resources Video Compliance 195

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress.

Lending 195

Lending Fraud Operations Ohio 195

Abrigo

OCTOBER 2, 2014

To help banks understand the requirements and associated impacts, Sageworks partnered with Crowe Horwath to lead an informative webinar later this month on preparing for Basel III. • Strengthened Risk Capture – Includes more centralized and accurate data management, and more in-depth stress testing and forecasting.

How To 236

How To Capital Community Bank Maine 236

PYMNTS

APRIL 8, 2020

With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses. also known as CSI, is targeting community banks’ PPP lending needs, also configuring its existing lending solution to enable smaller FIs to comply with regulatory requirements.

Lending 245

Lending Fintech America Technology 245

Abrigo

JUNE 13, 2022

The latest survey indicates that COVID-19 has impacted bank community engagement. However, banks continue their outreach to older customers, with 47% of respondents hosting community events. Banking Cannabis – Finding More ROI in Your Compliance Department. FinCEN guidance on recognizing elder fraud. Customer Due Diligence.

Fraud 195

Fraud Training United States Survey 195

Abrigo

JANUARY 8, 2016

The GAO acknowledged that community banks, credit unions and their professional industry associations reported increased compliance burdens and reduced activity in specific business activities, such as certain mortgage lending, as a result of Dodd-Frank.

Regulation 150

Regulation FDIC Survey Community Bank 150

Abrigo

JUNE 4, 2020

15 due to compliance with requirements or guidance from the U.S. Manage PPP loans through forgiveness. Credit Risk Management. Credit Risk Management. 5 Inefficiencies Community FIs Must Resolve to Prepare for Economic Uncertainty. 5 Inefficiencies Community FIs Must Resolve to Prepare for Economic Uncertainty.

Lending 195

Lending Risk Management Management Community 195

Abrigo

APRIL 14, 2020

Managing through uncertainty. It is no secret that we are all trying to cope with and manage through the uncertainty due to the coronavirus and the health and economic impacts of COVID 19. This flow of repayments is the major source of “liquidity” in the community banking system. This too shall pass. . learn more. SBA Lending.

Community 195

Community Lending Meeting Marketing 195

Social Assurance

DECEMBER 4, 2020

Our Annual Marketing and Compliance Survey and Report sought to better understand how some of these changes affected the financial services industry and how community financial institutions responded to the challenges. For more in-depth insights, be sure to download our marketing and compliance report by clicking the link below.

Compliance 15

Compliance Marketing Report social media 15

Abrigo

AUGUST 18, 2020

The government was quick to roll-out PPP loans to offer relief to small businesses and communities. Whether institutions are considering digitizing the lending , portfolio , fraud, or BSA/AML departments, involve senior management in the process to get their buy-in. BSA Rules and Regulation. Card Fraud. Customer Due Diligence.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. For community banks specifically, they’re already reserving for a lifetime of credit losses,” he said. keep me informed.

Survey 195

Survey Software Resources Meeting 195

Social Assurance

DECEMBER 31, 2020

2020 saw compliance teams adapting to dramatic change and new processes. But how will compliance teams change in 2021? Making Compliance Cool with Charles LeFevre. There has always been some frustration between compliance and marketing – but a new wrinkle was added in 2020. Build Understanding Between Teams.

Compliance 15

Compliance Customer Experience Meeting Branding 15

Independent Banker

JANUARY 31, 2022

The FedNow Service is launching in early 2023, giving community banks about a year to plan. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. With less than a year until the scheduled launch of the FedNow Service, community banks are still awaiting updates on specifics. “In

Community Bank 91

Community Bank Community Resources Fraud 91

Perficient

SEPTEMBER 26, 2020

This was definitely a large ask from the community, so its good to see Microsoft is actually listening to our feedback! Webinar Registration and Reporting. Manage attendance like never before! Now meeting organizers can use event registration with automated emails so you can more easily manage attendance. Meeting Recap.

Meeting 322

Meeting Conference System Community 322

Gonzobanker

APRIL 8, 2020

Makes sense, because our observations tell us that little actionable content has been developed, tracked, analyzed and executed via website content management platforms and digital delivery channels. If it’s full of industry acronyms, wonky terms or compliance-ese, or if it comes across as a cheesy sales pitch, it needs to be rewritten.

Leadership 173

Leadership Analytics System Digital Banking 173

Independent Banker

JULY 29, 2016

The demand for professional development opportunities for community bankers has never been greater. Last year Community Banker University’s eight certification programs provided more than 4,000 community bankers with highly tailored training.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

CFPB Monitor

JULY 27, 2016

Another unique aspect of the case is that the consent order, if approved, will require the Bank to adopt or revise diversity policies and practices as part of a written compliance plan to ensure that it does not engage in discrimination. ”

Memphis 60

Memphis Policies Lending Compliance 60

Abrigo

AUGUST 18, 2020

The government was quick to roll-out PPP loans to offer relief to small businesses and communities. Whether institutions are considering digitizing the lending , portfolio , fraud, or BSA/AML departments, involve senior management in the process to get their buy-in. Asset/Liability. C&I Loans. Lending & Credit Risk.

Fraud 195

Fraud Lending Trends Compliance 195

CFPB Monitor

JULY 5, 2022

As the OCC updates its redlining examination procedures, the Acting Comptroller should ensure that the Compliance Risk Policy Division takes into account new types of analyses being performed when it documents the steps that examiners should take in evaluating potential redlining violations.

Lending 78

Lending Report Policies Handbook 78

CFPB Monitor

FEBRUARY 14, 2019

Among other things, the executive order also: directs the heads of all federal agencies to “review their Federal data and models to identify opportunities to increase access and use by the greater non-Federal AI research community in a manner that benefits that community, while protecting safety, security, privacy, and confidentiality.”

Lending 84

Lending Community National Leadership 84

Independent Banker

JULY 30, 2015

An interview with Lindsay LaNore, executive vice president, Community Banker University®. Lindsay LaNore is responsible for ICBA’s new Community Banker University. She leads a team that works to identify, develop and offer courses that meet community banks’ educational needs. Community Banker University. Lindsay LaNore.

Resources 70

Resources Tools Community Bank Conference 70