Abrigo

MAY 30, 2023

But compliance deadlines are tiered. Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

MAY 10, 2021

Knowing these elements of an LOS and an LOS vendor is critical for senior financial institution executives either shopping for an LOS for the first time or considering an improvement to their bank or credit union’s current business lending process. Lending process management is key to timely decisions. Workflow & Analysis.

System 195

System Lending Analysis Software 195

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

Abrigo

NOVEMBER 1, 2021

Takeaway 1 BSA and fraud functions have historically been siloed, and IT has been external to compliance. Takeaway 3 Cyberattacks are also on the rise, lending even more importance to communication and collaboration among the BSA, fraud, and IT functions. Watch this webinar for resources and info on pros/cons. Watch Webinar.

Fraud 195

Fraud Video Training Compliance 195

Abrigo

MARCH 2, 2023

Perhaps executives think delaying or cutting spending on technology to make lending more efficient will affect only their staff. How much easier and less stressful would PPP have been if the institution had already created the ability to take and process loan requests online before being shut down due to COVID?

Technology 195

Technology Lending Community Software 195

Abrigo

APRIL 6, 2022

You might also like this webinar, "Russian Sanctions: Impact, Implications, and Best Practices." In this guest column by Jeffrey Taft and Matthew Bisanz of Mayer Brown 's Financial Services Regulatory & Enforcement practice, learn more about how to be ready for compliance. Watch Webinar. Lending & Credit Risk.

Security 195

Security Regulation District of Columbia United States 195

Abrigo

AUGUST 22, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Check Overpayment Scams: A customer is selling his/her car online or in the local classifieds. Lending & Credit Risk. Find out what the latest iteration looks like. Takeaway 2 Watch out for the check overpayment scam.

Fraud 195

Fraud Trends Survey Technology 195

Abrigo

AUGUST 18, 2020

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. Member Business Lending. SBA Lending. Asset/Liability. C&I Loans.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

AUGUST 18, 2020

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. PPP loans are heightened risk because of the fraud we’re seeing. BSA Rules and Regulation. Card Fraud. Customer Due Diligence.

Fraud 195

Fraud Trends Compliance Technology 195

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

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. The online survey was conducted between June 14 and July 29, 2022. . Lending & Credit Risk. keep me informed.

Survey 195

Survey Software Resources Meeting 195

CFPB Monitor

JUNE 17, 2020

The Federal Trade Commission recently provided its annual letter to the CFPB concerning its enforcement activities relating to compliance with Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act), and Regulation E (Electronic Fund Transfer Act). We recently released Part I of a two-part podcast based on the webinar.

Report 78

Report Regulation Policies Lending 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Goods Lost in Transit Fraud (GLIT): GLIT occurs when a person orders goods online and falsely claims they were never delivered or damaged on arrival. Regardless of the motive, the outcome is the same: the cardholder has merchandise they haven't paid for.

Fraud 195

Fraud Trends Cards Software 195

CFPB Monitor

AUGUST 7, 2018

For example, products or services regarding most types of credit extending services, such as peer-to-peer lending and online marketplace lending, and innovative products and services for money transmission and investment management would be eligible.

Arizona 68

Arizona Innovation Lending Fintech 68

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. Online Education Center.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

FICO

NOVEMBER 29, 2018

This issue was discussed at the NAGGL 2019, National Association of Government Guaranteed Lenders, conference where hundreds of SBA lenders gathered to learn about policy changes, SBA online application submission solutions, how to create successful sales reps, and other trends in the industry impacting SBA lenders. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

Independent Banker

NOVEMBER 30, 2021

Within that tightly knit group, there’s the bank’s leadership team, comprising president and CEO Greg Dennis, chief lending officer Jon Girard, vice president of operations and compliance Kristine Hendrickson, and executive vice president and chief financial officer Michele Boeder. First Federal Savings & Loan. Pascagoula, Miss.

Community Bank 164

Community Bank Community Texas Leadership 164

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. To those community bankers claiming their growing Compliance departments say no to everything. Online Relationship Builder (ORB) from Alkami. Bravo OZRK!

Community Bank 60

Community Bank Apple Community Technology 60