Gonzobanker

JULY 6, 2021

It has become crystal clear that digital transformation is now the largest technology initiative for regional and community financial institutions. Maybe this is the new reality for community bankers, but Cornerstone Advisors is seeing little evidence that they’re serious about implementing a comprehensive digital strategy.

Strategy 156

Strategy System Risk Management Technology 156

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. By Katie Kuehner-Hebert. Data privacy and security is a hot topic and is only getting hotter. Bob Hickok.

Data 91

Data How To Community Bank California 91

ABA Community Banking

JANUARY 15, 2019

The classic definition has three parts. Feature Management Technology Risk Management AML & Fraud Tech Management Cyberfraud/ID Theft Feature3 Fintech. What is money?

Risk Management 40

Risk Management Fraud Fintech Management 40

ABA Community Banking

JANUARY 13, 2019

There are definitely pluses and minuses to both the consumer and the banks in terms of safety and credit Consumer Credit Financial Research Feature Financial Trends Risk Management Security Operational Risk Credit Risk Cyberfraud/ID Theft Feature3 Fintech.

Cards 40

Cards Risk Management Trends Fintech 40

CFPB Monitor

AUGUST 6, 2018

Aimed at “senior executives in banking organizations,” the Bulletin is published by the FRB’s Division of Consumer and Community Affairs with the intent to provide high-level summaries of various consumer protection issues and to enhance the transparency of the Federal Reserve’s consumer compliance supervisory program.

Compliance 68

Compliance Risk Management Lending Training 68

ABA Community Banking

AUGUST 16, 2016

Passwords definitely out, future security requires more than one physical checkpoint due to imperfections Retail Banking Risk Management Channels Cyberfraud/ID Theft.

Risk Management 40

Risk Management Retail Security Management 40

Abrigo

OCTOBER 5, 2015

For banks and credit unions, a popular tool to monitor credit risk is a standardized risk rating system, which can serve several purposes. They can also form the basis for broader risk management practices – for instance, setting the reserve, stress testing the loan portfolio , setting risk appetites and strategic planning.

System 150

System How To Risk Management Community Bank 150

Independent Banker

AUGUST 26, 2015

Today, many community banks are exploring how to “go paperless”—whether for cost reasons, a better customer experience or a deliberate outreach to a younger, technology-oriented demographic. Easier access and affordability of digital signature creates an opportunity for growth-oriented, competitive community banks.

Community Bank 70

Community Bank Minneapolis Community Online 70

Abrigo

JULY 30, 2015

In addition, institutions – especially community banks -- have operational concerns, McNairy added. “Do While many community banks lack the same systems and data processing staff that bigger banks may already have in place to capture this kind of data, these smaller institutions can be taking steps right now to gather it, McNairy said.

Data 150

Data Community Bank Capital Compliance 150

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank.

Community Bank 60

Community Bank Community Baltimore Lending 60

Abrigo

MAY 8, 2024

WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Knowing how AI and genAI are being used by peers and fraudsters will help financial institution leaders and management vet potential solutions and watch for risks.

Examples 221

Examples Fraud Resources Risk Management 221

Independent Banker

JULY 28, 2016

Establishing a comprehensive Compliance Management System. The demands of managing regulatory compliance are uncontested, and depending on the disposition of the participants inside and outside of the bank, compliance management exists with varying degrees of problems and adversity. By Mary Thorson Wright.

Compliance 70

Compliance Training Community Bank Regulation 70

FICO

AUGUST 3, 2022

One customer told how they had been able to deploy user defined variables in FICO Falcon Fraud Manager to track and understand payment velocities. The Role of Data in Managing Fraud and Financial Crime Today was a session I had the pleasure to chair. TJ holds a B.S. in computer science and a M.S.

Fraud 52

Fraud Analytics Trends Innovation 52

Gonzobanker

MARCH 23, 2020

It’s impossible to set a definitive course of action for now but the combination of analysis, relief packages and modeling efforts will aide in scenario planning that can be quickly invoked as the economic picture becomes clearer. If the Great Recession taught our industry one thing, it was stress testing.

Community Bank 122

Community Bank Tools Case Study Online 122

Gonzobanker

MARCH 24, 2020

Gonzo bankers, we are facing events that will cause an immediate impact on the small businesses in our communities and in our portfolios, and now more than ever we need to show our stuff! How financial institutions can make a long-term positive impact on the U.S. small business market. One thing is certain: banks MUST act and act quickly.

Groups 68

Groups Strategy Guidelines Operations 68

PYMNTS

SEPTEMBER 11, 2018

Those uncertainties, however, can increase foreign exchange rate volatility, according to Volopa ‘s Managing Director Graham Smith and Director of Business Development Jay Wissema. While businesses of all sizes are perking up to their exposure to FX volatility risk, not everyone is aware of how to address it.

Management 100

Management Cards Tools Survey 100

Tefkin

MAY 6, 2015

It may sound cliché but the Innovator Dilemma effect is playing at full when most of your current revenue base depends on traditional distribution / management methods. Oscar’s mobile experience not only reduces its operational cost but helps redefine the link between carrier, customer and physician and potentially affect risk levels.

Industry 50

Industry Examples Google Big Data 50

Social Assurance

APRIL 13, 2021

Let me break it down for you with some simple definitions, followed by data that explains why AI is important. Financial wellness for our clients, customers, communities, and of course, our children. Then I’ll end it with how the use of technology is currently, or will eventually, help your financial brand.

Branding 15

Branding Fraud Arizona Data 15

Lex Sokolin

DECEMBER 25, 2019

If you withdraw your Ether, you get charged an interest rate determined by an open governance community. a wealth management service from Set Protocol. For example, you could get free financial advice from the Schwab roboadvisor, but you will pay the management fee pn the ETFs from which the portfolio is made. That is to say?—?governments

blockchain 52

blockchain Bitcoin Software Lending 52

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

PYMNTS

JANUARY 12, 2017

He believes that, by incorporating a built-in risk management mechanism into its banking platform, linked2pay is leveling the playing field by offering smaller banks a chance to stay competitive with their larger counterparts. I’m definitely not for the status quo,” said McShirley.

Payments 100

Payments Risk Management Community Bank Community 100

Jeff For Banks

AUGUST 24, 2022

We experienced two negative quarters of GDP, which is the textbook definition of recession, in the first and second quarters of 2022, by -1.6% Jaworski 08/17/22 Dorothy Jaworski has worked at large and small banks for over 30 years; much of that time has been spent in investment portfolio management, risk management, and financial analysis.

Marketing 78

Marketing US Community Bank Study 78

Gonzobanker

DECEMBER 22, 2014

It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event. Nice community bank culture fit between the two as well.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60

Insights on Business

DECEMBER 7, 2016

However, realistically, that approach is hard to do, takes a lot of time and requires excellent management skills and great leadership—something that I do not see in many incumbents. Legacy systems might be in the way, but the ways to get around them and get on with innovation are definitely available. A technology sandbox for fintech.

System 70

System Fintech Innovation Industry 70

FICO

JANUARY 19, 2022

Trade-based money laundering (TBML) is a growing risk, as seemingly legitimate transactions are exploited by criminal groups to launder funds and finance terrorist activity. In its simplest definition, trade-based money laundering is the process of disguising the proceeds of crime and moving value (i.e.,

Fraud 52

Fraud Cards Report Analytics 52