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

Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Learn more helpful information in this on-demand webinar, "Create and maintain a successful loan review function." WATCH Takeaway 1 Scope and depth are useful evaluation benchmarks for your financial institution's loan review process.

Lending 195

Lending Training Guidelines Policies 195

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

Abrigo

FEBRUARY 16, 2024

You might also like these on-demand webinars tackling common credit risk questions. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. WATCH Takeaway 1 Credit administration housekeeping should clean up processes that could be streamlined to save time and effort.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. You might also like this on-demand webinar, "Identifying emerging CRE risks." help financial institutions adapt quickly to trends.

Report 195

Report Lending Trends Data 195

BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. While banks look to automation to improve transaction monitoring, they must remain ever mindful to adapt technology to current market needs.

Security 98

Security Compliance Analytics Lending 98

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Effective credit risk review promotes lending agility. A strong loan review function is especially important for helping financial institutions be nimble, he explained during the recent webinar “ Best Practices for Credit Analysts.”

System 150

System Lending Compliance Risk Management 150

Abrigo

FEBRUARY 23, 2023

You might also like this on-demand webinar: "Problem loans: Identifying warning signs and management options" WATCH Takeaway 1 Executive leaders of small community financial institutions face complex issues, including declining deposits. Check out our 1071 compliance resources. People have other options,” Kirby said. The result?

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." A poll of Abrigo’s recent mergers and acquisitions webinar audience found 35% in the process of acquiring and 41% considering merger and acquisition activity in the near future. The next step is to decide how the banks match up culturally.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

AUGUST 8, 2021

Financial institutions with strong, independent loan review and, more broadly, credit risk review, can react more quickly to changes in the market, according to Ancin Cooley , principal of Synergy Bank Consulting and Synergy Credit Union Consulting. It also monitors compliance with applicable regulations and laws.

System 195

System Lending Policies Regulation 195

Abrigo

JUNE 5, 2023

You might also like this webinar: "Identifying emerging CRE credit risk red flags" WATCH Takeaway 1 Financial institutions face increased scrutiny over their risk management following recent bank failures. the movement of money out of money market funds to CDs versus new deposit money coming in).

Report 195

Report Risk Management Capital Data 195

Abrigo

MAY 24, 2023

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. The SAFE Banking Act also promotes the safety of millions of consumers who patronize state-legal cannabis markets.

Lending 195

Lending Fraud Operations Ohio 195

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

NOVEMBER 9, 2020

Loan administration is a basic and yet far-reaching process of lending. Find out about upcoming free lending/credit webinars. Tracking exceptions in aggregate across the portfolio can point out holes in underwriting standards or compliance problems. Lending & Credit Risk. Member Business Lending.

System 195

System Lending Software Risk Management 195

Abrigo

OCTOBER 14, 2022

In a recent Abrigo webinar, four experts weighed in to pinpoint the following areas for focus and improvement in 2023. So how can banks help customers keep up in uncertain markets? Financial institutions should have an LOS system in place or other means to cover this new reporting task before the compliance date arrives.

Risk Management 195

Risk Management Management Policies Lending 195

Abrigo

MARCH 2, 2023

Community banks and the entire banking industry face downside risks from inflation, rising market interest rates, and continued geopolitical uncertainty, the FDIC said recently in its quarterly report. Perhaps executives think delaying or cutting spending on technology to make lending more efficient will affect only their staff.

Technology 195

Technology Lending Community Software 195

Abrigo

MARCH 21, 2023

The blue line shows the effective funds rate, or the average rate at which institutions are actually lending and borrowing funds from one another. Reacting to the market without a strategy can be one of the most common mistakes financial institutions can make during a rapidly changing environment. billion, while Q4 averaged $100.97

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

DECEMBER 16, 2019

During a recent webinar hosted by the American Bankers Association, an executive with an SEC filer under a 2020 CECL implementation deadline provided first-hand advice on the challenges and progress related to CECL adoption. During the webinar, Felicity Ours, CPA, CRC, of Summit Financial Group (NASDAQ: SMMF), a $2.2 Learn More.

West Virginia 195

West Virginia Virginia Data Community 195

CFPB Monitor

MAY 3, 2016

The CFPB has issued a report covering its fair lending activities during 2015. The report states that in 2015, CFPB fair lending supervisory and public enforcement actions required institutions to provide approximately $108 million in remediation. Much of the information contained in the report was the subject of previous blog posts.

Lending 60

Lending Report Compliance Meeting 60

Abrigo

AUGUST 18, 2020

These schemes are marketed as “get rich quick” ploys, usually targeted at the unemployed. If you’re a small institution that only did PPP lending to your existing customers and decided not to do a lookback based on a risk-based approach, document that in your policies and procedures , ” said Luttrell. Lending & Credit Risk.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

OCTOBER 2, 2014

The three pillars include maintaining minimum capital requirements, a supervisory review process and market discipline. 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. Blog Bank Credit Union'

How To 236

How To Capital Community Bank Maine 236

Abrigo

AUGUST 18, 2020

These schemes are marketed as “get rich quick” ploys, usually targeted at the unemployed. If you’re a small institution that only did PPP lending to your existing customers and decided not to do a lookback based on a risk-based approach, document that in your policies and procedures , ” said Luttrell. BSA Rules and Regulation.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

JANUARY 17, 2024

You might like this upcoming webinar, " Unveiling human trafficking: Perspectives, realities, and strategies." Look into wires to and from foreign countries more skeptically,” said Terri Luttrell, Director of Compliance and Engagement at Abrigo. “A Know the red flags to watch for. and worldwide.

Training 259

Training Community Software Texas 259

CFPB Monitor

NOVEMBER 7, 2016

In its Fall 2016 Supervisory Highlights , which covers supervision work generally completed between May and August 2016, the CFPB highlights violations found by its examiners involving origination and servicing of auto financing, debt collection, mortgage origination and servicing, student loan servicing, and fair lending. Fair lending.

Lending 83

Lending Report Regulation Policies 83

Abrigo

AUGUST 1, 2022

Periodic review of models is a best practice—as is getting a validation every time your financial institution or its markets undergo a change that could affect a model’s output. Watch Webinar. Lending & Credit Risk. Robust model validation procedures, performed by an objective group to ensure the model performs reliably 3.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

APRIL 14, 2020

The ability of financial institutions to make concessions and work to provide the markets with assurances is a direct result of their overall financial well-being, as well as their nimbleness. Lending & Credit Risk. SBA Lending. But now, perhaps that plan has changed to renewing them for a period to ensure access to cash.

Community 195

Community Lending Meeting Marketing 195

Gonzobanker

FEBRUARY 26, 2019

Recent fintech deals across digital, lending, payments and infrastructure are telling a big story. Adobe acquired Marketo , rolling up the major digital marketing competition to Salesforce (which has nCino as the tip of its digital sales industry spear). Lending: Mashing Up Analytics & Digital. Money talks. To name a few….

Fintech 104

Fintech Analytics Lending Case Study 104

Gonzobanker

APRIL 8, 2020

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. There are over two dozen digital banking and origination providers in the market. There are over a dozen national agencies with financial institution specific work we see in the market.

Leadership 173

Leadership Analytics System Digital Banking 173

CFPB Monitor

AUGUST 7, 2018

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”

Arizona 68

Arizona Innovation Lending Fintech 68

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

FEBRUARY 24, 2022

Takeaway 1 Interest rate risk for financial institutions is the risk that earnings and market value may decline as market interest rates change. . Defining interest rate risk A loose definition of interest rate risk is the risk that an institution’s earnings and market value may decline as market interest rates change. .

Management 195

Management Analysis Strategy Policies 195

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent. On September 29, 2020, from 3:00 p.m.

Utah 78

Utah California FDIC West Virginia 78

Independent Banker

JULY 29, 2016

The Compliance Institute, which is six days of classroom instruction, leads to the Certified Community Bank Compliance Officer certification. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Compliance Institute.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

CFPB Monitor

JUNE 15, 2020

According to the agency’s press release , the final rule is designed to increase CRA-related lending, investment and services in low- and moderate-income (“LMI”) communities where there is significant need for credit, responsible lending, and greater access to banking services. On June 22, 2020, from 12:00 p.m. to 1:00 p.m.

Community 60

Community FDIC Lending Examples 60

CFPB Monitor

SEPTEMBER 11, 2018

ET, Ballard Spahr attorneys will hold a webinar, “Key Takeaways from the CFPB’s Summer 2018 Supervisory Highlights.” ” The webinar registration form is available here. Payday/title lending. Small business lending. On October 10, 2018, from 12 p.m.

Lending 68

Lending Policies Compliance Cards 68