Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 221

Training Compliance Fraud Policies 221

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 195

Training Compliance Fraud Policies 195

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. Currently, the accompanying regulations have not been written, so what should community financial institutions take away from these priorities now? financial system and national security. financial system.

Community 195

Community Regulation Training Policies 195

Abrigo

JANUARY 17, 2024

Takeaway 2 AML staff should recognize human trafficking red flags and know their customers well to help detect suspicious activity in their communities. One issue that hurts people and communities everywhere is human trafficking, and January is Human Trafficking Awareness Month.

Training 259

Training Community Software Texas 259

Abrigo

NOVEMBER 2, 2021

Culture of compliance is crucial to BSA/AML programs Culture of compliance within the BSA/AML framework is not new and was first introduced by FinCEN in 2014. Takeaway 2 Poor culture of compliance will result in shortcomings in a financial institution's BSA/AML program. A strong culture of compliance is crucial.

Compliance 195

Compliance Regulation Resources Policies 195

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams.

Fraud 195

Fraud cryptocurrency Training social media 195

Abrigo

NOVEMBER 17, 2023

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense.

Fraud 195

Fraud Training Trends Compliance 195

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

Data 535

Data Security Software Community 535

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. However, you should be able to trust the answers to specific security questions. Just as important are the security questions set up for your clients.

Fraud 150

Fraud How To social media Security 150

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert.

Data 91

Data How To Community Bank California 91

Abrigo

JUNE 13, 2022

Would you like other articles on BSA/AML training in your inbox? Of banks surveyed, 86% provide training to customer service representatives on how to detect and report elder financial exploitation. The latest survey indicates that COVID-19 has impacted bank community engagement. Common types of elder financial exploitation.

Fraud 195

Fraud Training United States Survey 195

PYMNTS

DECEMBER 4, 2017

In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. Clutch warned that fines for non-compliance with these rules can reach into the millions of dollars. —54 Or, according to the latest data, many small businesses haven’t learned this lesson.

Security 136

Security Data Survey Regulation 136

Perficient

JUNE 12, 2020

Compliance, business ontology and automated classification. The DataOps community is not made up of developers solving general coding problems. The GCDO’s AMG tool provides a series of deep learning models developed on ~60TB of labeled training data. Departmental/LOB catalog. Enterprise Catalog. Data Quality Program.

Tools 322

Tools Data Training Analysis 322

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

SEPTEMBER 10, 2021

The role of BSA staff was typical compliance and very task-oriented. See Part I: Implications for Community Financial Institutions. Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. BSA Training. BSA Training. Stay up-to-date on the latest FinCEN Priorities.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

MAY 4, 2020

While many are minor application enhancements, some are bug fixes or critical cyber security enhancements that should be updated immediately. Let’s face it, most community financial institutions don’t get the IT support needed when it comes to their AML software. The reason for the notifications is due to the importance of the updates.

Software 195

Software Cyber Security Security Community 195

PYMNTS

NOVEMBER 19, 2019

dollar accounts is an important milestone for the crypto community and us. We want to thank our community and all businesses so far who have trusted Cashaa to solve their banking problems,” said Janina Lowisz, co-founder and VP of marketing, in a blog post. The addition of U.S. regulated partner entities. Partnering with a U.S.

blockchain 101

blockchain US Bitcoin United States 101

Abrigo

APRIL 7, 2022

Community banks with small asset sizes might merge with other small institutions whose branches complement one another, and larger banks may acquire smaller ones whose services fit their offerings. When two financial institutions come together, the AML and fraud compliance functions will need to be consolidated. BSA Training.

Compliance 195

Compliance Policies Fraud Analysis 195

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. A job marketplace platform in India is looking to connect trained trade workers with employers. Airbnb on Payments, User Friction and Security Challenges in a Global Market.

Payments 183

Payments User Experience Training Case Study 183

Abrigo

JANUARY 8, 2020

BSA and compliance officers wanted to read about SARs, risks tied to cannabis-related businesses, and preparing for CAMS exams. Artificial intelligence is one of the biggest buzzwords in the anti-money laundering (AML) community. BSA Training. Artificial Intelligence in BSA/AML. Financial Cybersecurity. Learn More. Learn More.

Software 195

Software System Fraud Examples 195

Independent Banker

AUGUST 31, 2022

Community banks can get up to speed on current legislation and regulations to both protect their customers from unauthorized or false deposit account transactions and to prevent them from happening in the future. What should a community bank do about erroneous, fraudulent or unauthorized transactions reported on a consumer’s deposit account?

Community Bank 91

Community Bank Regulation Community Training 91

CFPB Monitor

OCTOBER 4, 2022

As of 2021, Lakeland’s Community Reinvestment Act (CRA) assessment area included majority-white areas of Essex, Somerset, and Union counties and excluded the portions of those counties that contain majority-Black and Hispanic neighborhoods.

New Jersey 147

New Jersey Lending Community National 147

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lendio already secured its approval to facilitate PPP loans, the alternative lender said, noting that small businesses can now apply for a PPP loan on the Lendio platform.

Lending 245

Lending Fintech America Technology 245

Jack Henry

OCTOBER 22, 2014

I have developed a bit of a habit over the years in my role as a Compliance Analyst: I like to regularly check out my FI client’s website. This helps me understand the FI’s products/services, business culture, and face to the community. Websites continue to be a vital part of every community FI’s online presence.

Community 83

Community Meeting Compliance social media 83

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. Even at the community level, U.S.

Training 195

Training Regulation System National 195

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

Independent Banker

SEPTEMBER 21, 2015

ICBA’s in-depth certification programs vault compliance officers to the highest standards. imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. By Ed Avis. I think that’s very important.”.

Compliance 70

Compliance Community Bank Community Training 70

Independent Banker

SEPTEMBER 30, 2021

The number of money mule schemes affecting community banks is increasing, in part because of the pandemic. Here’s how two community banks are protecting their customers from falling victim to fraud. More and more community banks are having to deal with money mule schemes targeting unsuspecting customers. By William Atkinson.

Community Bank 91

Community Bank Fraud Community Training 91

Jeff For Banks

FEBRUARY 23, 2013

Ensure compliance with all industry laws and regulations. Participate in community events and represent the FI within the community. Join one community organization consistent with FI strategy and employee interests/values and be active in the organization''s leadership. Maintain system security.

Training 87

Training Leadership North Carolina Resources 87

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

Abrigo

AUGUST 6, 2019

At the recent NYU Law Program on Corporate Compliance and Enforcement , FinCEN Director Kenneth A. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264

System Las Vegas San Antonio San Diego 264

Insights on Business

NOVEMBER 19, 2018

mer care,” the goal here is to transform call centers by leveraging AI solutions to pinpoint the exact reasons for customer calls, align highly trained agents with profitable customers and improve call routing trees. First are API-based models that integrate partner, client and peer communities. Thinking Outside the Box.

Compliance 177

Compliance Regional blockchain Technology 177

NCR

AUGUST 31, 2016

Most banks have at least one compliance officer who possesses a cursory knowledge of the mortgage finance arena. Few banks, however, have an entire team of dedicated mortgage QC and compliance experts, so they either have to hire this expertise or outsource it. Mortgage compliance does not come cheap.

Community Bank 49

Community Bank Community Guidelines Compliance 49

Independent Banker

OCTOBER 29, 2014

—Jason Lord, Sunmark Community Bank. SunMark Community Bank. At SunMark Community Bank in Hawkinsville, Ga., There’s really no typical day for Jason Lord, an information security officer at SunMark Community Bank in Hawkinsville, Ga. Photo by Audra Melton. By Judith Sears. Headquarters: Hawkinsville, Ga.

Community Bank 87

Community Bank Community Training Memphis 87

PYMNTS

MAY 2, 2016

UA: As chief risk officer, my role is to implement a risk and controls framework that is relevant to TNS, takes into account our operational challenges and culture and delivers practical solutions to help meet applicable compliance requirements. And, last but not least, I enjoy giving back to the community.

Risk Management 100

Risk Management Compliance Management Meeting 100

Abrigo

AUGUST 18, 2020

The government was quick to roll-out PPP loans to offer relief to small businesses and communities. It’s going to be what are we going to do with the security and IT issues as we work from home? BSA Training. Consider a risk-based lookback for your Paycheck Protection Program (PPP) portfolio. BSA Rules and Regulation.

Fraud 195

Fraud Trends Compliance Technology 195

Independent Banker

SEPTEMBER 22, 2015

Security Officer and Appraisal Compliance Coordinator Manager. IB: What does your job as a security officer for The First National Bank and Trust entail? I am responsible for researching, developing, implementing, administering, documenting, testing and monitoring an effective, institution-wide security program.

Video 70

Video Security Policies Compliance 70