Abrigo

MARCH 8, 2024

Tightening security Preventing pig butchering schemes So, how do we, as financial institutions and concerned citizens, stop clients, businesses, friends, and family from becoming a victim? Educate yourself about imposter scams and the methods used to gain your information. The best defense is a good offense. Spread the word.

Fraud 195

Fraud Technology Trends Training 195

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

Abrigo

AUGUST 31, 2023

Naming conventions One benefit of customer-centric KYC is that it differentiates community financial institutions from larger, more impersonal banks by allowing clients to retain their individuality and build personal relationships. Members of Amish or sovereign citizen communities often have fewer government-issued IDs.

Compliance 195

Compliance Community Training System 195

Abrigo

JULY 21, 2021

See Part I: Implications for Community Financial Institutions. If you are a member of a professional association or group, regularly check in on available webinars and online training. BSA Rules and Regulation. BSA Training. BSA Rules and Regulation. BSA Training. BSA Rules and Regulation. Learn more.

Training 195

Training National Strategy Regulation 195

Abrigo

FEBRUARY 8, 2022

Takeaway 2 NBFIs should ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators. Stay up to date on regulations affecting NBFIs and other BSA trends. Below are 10 things NBFIs should do to ensure their AML programs are sound and pass the scrutiny of FinCEN and their primary regulators.

Compliance 195

Compliance Training Regulation Fraud 195

Perficient

SEPTEMBER 11, 2023

Already reviewed by Perficient, BES provides a secure and efficient portal to exchange documents, information, and communications for consumer compliance and Community Reinvestment Act (CRA) examinations. Bank executives and supporting third parties will be authenticated using a secure two-factor authentication process.

Compliance 221

Compliance FDIC Tools Leadership 221

Abrigo

MAY 1, 2023

I can’t forget about scheduling the annual training. Utilize an online community such as a user group to see what other tips and tricks other AML professionals can offer. Find their strengths and use them to help yourself while providing them with excellent training to further their careers. Was the SDN list updated again?

Strategy 195

Strategy Training Fraud Software 195

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. BSA Rules and Regulation.

Fraud 195

Fraud Training United States Survey 195

Abrigo

JULY 1, 2021

As a community, we need to place more pressure on all currency providers (fiat and crypto) to embrace digital ethics and refuse to engage and/or do business with organizations that fail to protect innocent and vulnerable people. BSA Rules and Regulation. BSA Training. BSA Training. BSA Training. Learn More.

Training 370

Training Conference Community Video 370

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. Bob Hickok.

Data 91

Data How To Community Bank California 91

Abrigo

AUGUST 20, 2021

Start with Part 1: Implications for Community Financial Institutions. Defeat transnational criminal networks that pose the greatest threat to national security by targeting their infrastructures, depriving them of their enabling means, and preventing the criminal facilitation of terrorist activities. BSA Rules and Regulation.

Training 195

Training Strategy Fraud National 195

PYMNTS

NOVEMBER 10, 2019

Kenya has joined the global community in terms of data protection standards,” Joe Mucheru, minister for information, technology and communication, told Reuters. Local firms including Kenya Airways , tourist hotels and phone-based lenders such as Safaricom will now have to comply with the new regulations.

Regulation 109

Regulation Data User Experience Training 109

PYMNTS

DECEMBER 4, 2017

In this week’s B2B Data Digest, PYMNTS dives into new research about small businesses’ data security and cybersecurity efforts. 90 percent of SMBs are at least “somewhat” confident in their cloud storage’s security , a 3 percent increase from 2016 figures. . —90

Security 136

Security Data Survey Regulation 136

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

Jack Henry

FEBRUARY 26, 2020

This post was co-written by Karen Crumbley, Gladiator®, ProfitStars, and Keith Haskett, Rebyc Security. Karen has been providing Educational Risk Mitigation online training courses and encouraging community bankers to engage in conversations with their peer banks and vendors about how best to mitigate risks within their own institutions.

How To 138

How To Fraud Training Security 138

Abrigo

SEPTEMBER 11, 2023

Automation also helped financial institutions better serve their communities by, for example, reducing the time it takes to process a loan application. Fintechs have developed a strong competency around these advances. The utilization of generative AI has sparked legitimate concerns about data security.

Risk Management 195

Risk Management Data Technology Fintech 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. The primary resource for deposit account error resolution is Regulation E—the Electronic Funds Transfer Act (EFTA).

Community Bank 91

Community Bank Regulation Community Training 91

Abrigo

SEPTEMBER 10, 2021

See Part I: Implications for Community Financial Institutions. Regulatory scrutiny became ever-present, knowing that the security of their homeland was at stake. It is time now for FinCrime professionals to sharpen their tools, train their staff, and be diligent to the red flags of terrorist financing. BSA Rules and Regulation.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

DECEMBER 10, 2019

The ABA study found four key findings: Elder financial exploitation prevention training is now largely standard, being offered for frontline staff at all banks surveyed and required for customer-facing staff at 9 in 10 banks of all sizes. BSA Rules and Regulation. BSA Rules and Regulation. We can help. Cannabis Banking.

Fraud 284

Fraud Study United States Training 284

Abrigo

JUNE 23, 2020

Learn from your peers and hear what problems they are dealing with in our Abrigo Community, exclusive to our customers. Community financial institutions are often tasked with doing more with less. The ADC is a highly resilient environment with risk monitoring levels not currently sustainable by typical community financial institutions.

Software 195

Software Community Fraud Resources 195

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

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

PYMNTS

OCTOBER 7, 2020

The challenge of keeping a payments platform and the associated processes in line with these market innovations, the latest regulations and the evolving standards and rulebooks are significant. We’ve seen this trend in a number of securities processing areas, and the same holds true in the payments space,” he told PYMNTS.

Payments 229

Payments System Operations Training 229

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

Abrigo

NOVEMBER 2, 2021

The AMLA is extensive, and there are many steps involved before FinCEN can implement the act, such as conducting studies, writing regulations, and publishing guidance. He stated that "…(regulators) should talk to (banks) about the risks that they run within their institutions and jurisdictions if an AML compliance culture is not fostered.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. To counter this, AARP recently launched BankSafe, an online training platform, to help FI employees more effectively assist elderly customers. percent from the year prior.

Analytics 131

Analytics Video blockchain Training 131

Abrigo

MAY 30, 2023

June 28, 2023, based on the Code of Federal Regulations and the March 30 publication). The final rule implements section 1071 of the Dodd-Frank Act by amending the Equal Credit Opportunity Act (ECOA), or Regulation B. Would you like to stay up to date on CFPB 1071 implementation?

Compliance 195

Compliance Lending Data Regulation 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. regulated partner entities. The addition of U.S. Partnering with a U.S.

blockchain 101

blockchain US Bitcoin United States 101

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

Abrigo

APRIL 7, 2022

Today’s financial marketplace is challenged by increasing regulation, high expectations for fast and mobile financial services, and new fintech companies joining the already competitive arena. BSA Rules and Regulation. BSA Training. BSA Rules and Regulation. Portfolio Risk & CECL. Learn More. Learn More. Learn More.

Compliance 195

Compliance Policies Fraud Analysis 195

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

Abrigo

APRIL 1, 2015

A recent Wall Street Journal article by Victoria McGrane and Jon Hilsenrath highlighted how the nation’s regulators are increasingly questioning and turning their focus toward bank boards. These smaller banks have also seen new, and more frequent, attention from regulators. How complex is the bank’s operating model? Audit committee?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

Abrigo

AUGUST 6, 2019

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. Train your front-line staff on the signs and behaviors as well; they are the first eyes of detection for any FI.

System 264

System Las Vegas San Antonio San Diego 264

NCR

AUGUST 31, 2016

Yet banks need one important yet not easily attainable ingredient to do mortgages right in an era of ever-increasing rules and regulations—quality. Some banks choose to overcome the quality hurdle—which is demanded by both regulators, GSEs and investors—by hiring their own QC staff. Mortgage compliance does not come cheap.

Community Bank 49

Community Bank Community Guidelines Compliance 49

Jeff For Banks

JUNE 2, 2023

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78

FDIC Community Bank Regulation Lending 78

Abrigo

SEPTEMBER 5, 2023

Generally speaking (subject to Regulation B), business loans should be guaranteed by the principals of the borrower. Corporate guarantees and guarantees from trusts are acceptable if approved by the Loan Committee or the Senior Credit Officer. These circumstances are recognized and are not considered exceptions.

Policies 195

Policies Lending Risk Management Examples 195

Independent Banker

SEPTEMBER 21, 2015

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. Over the next three years, Anderson enrolled in all three of Community Banker University’s in-depth compliance certification training programs.

Compliance 70

Compliance Community Bank Community Training 70