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 in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

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 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

CFPB Monitor

FEBRUARY 8, 2021

For our webinar last week, “The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director Uejio and Director Chopra,” we were joined by special guest former CFPB Director Richard Cordray. The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs.

Leadership 78

Leadership Lending Groups Policies 78

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

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. Loan administration is a basic and yet far-reaching process of lending. Find out about upcoming free lending/credit webinars. Effective loan administration protects margins, balance sheets. stay informed.

System 195

System Lending Software Risk Management 195

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.

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. Due to their many benefits, mergers and acquisitions are on the rise.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

AUGUST 8, 2021

Larger or more complex institutions might have credit risk review functions entirely separate from their lending functions. It also monitors compliance with applicable regulations and laws. Reviewing lending staff’s risk ratings. Credit risk from activities not specific to lending? Identifying Credit Weaknesses.

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 sale depleted its capital because SVB was in a large unrealized loss situation on its held-to-maturity investment securities.

Report 195

Report Risk Management Capital Data 195

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress.

Lending 195

Lending Fraud Operations Ohio 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. As mentioned earlier, the best strategy to prepare for an oncoming rising rate environment is to secure and lock in funding before there is “blood in the water.” billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

AUGUST 22, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Eventually, the employee sends back secure financial information, allowing the criminal to forge a business check or process a wire transfer. Lending & Credit Risk. Find out what the latest iteration looks like.

Fraud 195

Fraud Trends Survey 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

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. It’s going to be what are we going to do with the security and IT issues as we work from home? Lending & Credit Risk.

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. It’s going to be what are we going to do with the security and IT issues as we work from home? BSA Rules and Regulation.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

APRIL 14, 2020

On April 13, 2020, FinCEN issued an update of their joint FAQs with the Small Business Administration (SBA) regarding the implementation of the Paycheck Protection Program (PPP) which was established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). FinCEN provides guidance around Beneficial Ownership requirements.

Policies 195

Policies Software Resources Compliance 195

Abrigo

APRIL 14, 2020

What we have now is not a series of less secure banks being hit with losses, but rather strong banks and borrowers having to adapt to a sudden change in overall economic activity. Lending & Credit Risk. SBA Lending. This flow of repayments is the major source of “liquidity” in the community banking system. learn more.

Community 195

Community Lending Meeting Marketing 195

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Given the current economic climate in the United States, it is essential to understand the effect personal financial security has on 1 st -party fraud. The scam here is an inside job, making it inherently more elusive.

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. Mr. Watkins was one of the webinar speakers and discussed the Arizona initiative.

Arizona 68

Arizona Innovation Lending Fintech 68

Abrigo

SEPTEMBER 22, 2021

PCD Disclosures Some disclosures are the same, but disclosures tied to PCD accounting and AFS debt securities are changing under CECL. Another change is that institutions recognize credit impairment of debt securities classified as assets held for sale (AFS) through an allowance for credit losses under CECL. Learn more. Learn more.

Security 195

Security Examples National Report 195

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. Key factors to consider when selecting a system include ease of use, functionality (lead development, tag management and A/B testing), security and site analytics.

Leadership 173

Leadership Analytics System Digital Banking 173

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. Bank Security Institute.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Abrigo

SEPTEMBER 20, 2021

Data collection for small business lenders Financial institutions, fintech companies, and other small business lenders will need to begin collecting a wide array of small business lending data under the Consumer Financial Protection Board’s (CFPB) proposed small business lending data collection rule. securities credit.

Lending 195

Lending Data Compliance Regulation 195

FICO

NOVEMBER 29, 2018

Other programs are available to businesses to find investors, conduct R&D or to secure bonding. Small business lending was strong in 2018 and pro small business growth policies have been conducive to that growth. However, there is even more opportunity that small businesses are not realizing. Or visit our website.

Community 67

Community Community Bank Policies Leadership 67

Abrigo

FEBRUARY 24, 2022

Institutions secure financial instruments at a certain rate based on the market rates as of a specific point in time. You might also like this webinar, " ALM Basics: Best Practices in Measuring, Monitoring & Controlling Interest Rate Risk." . Lending & Credit Risk. Sources of interest rate risk. Learn More. Whitepaper.

Management 195

Management Analysis Strategy Policies 195

Abrigo

JUNE 12, 2023

You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions. In today's interconnected world, efficient and secure money movement is crucial for individuals and businesses alike. One set of requirements will reduce the regulatory burden and compliance costs.

Compliance 195

Compliance Fraud Regulation Guidelines 195

Abrigo

APRIL 7, 2022

Experts answer CECL questions from 2023 adopters Participants in Abrigo's CECL Kickstart webinars asked consultants their questions leading up to the 2023 CECL implementation date. Takeaway 1 Financial institutions brought practical questions to Abrigo consultants during the CECL Kickstart webinar. . Models for Success.

Policies 195

Policies Data Examples Lending 195

FICO

FEBRUARY 1, 2017

Attendees at the roundtable told us that, amongst other drivers pushing fraud their way, they felt part of the problem was the use of originations systems that require fields such as social security numbers (SSN) in early stage and initial runs, when dealers often enter random numbers rather than inconvenience a customer.

Fraud 40

Fraud Analytics social media Data 40

CFPB Monitor

MARCH 8, 2017

He observed that “[c]ertain perspectives presented in the comments are not surprising,” with banks and other financial companies raising concerns about consumer data security and aggregators and users of the data recommending less fettered access and greater freedom to store and use collected data.

Conference 74

Conference Policies New York City Data 74

Bank Innovation

MARCH 19, 2020

How will banking and fintech business models be impacted by this unprecedented coronavirus pandemic? What is the role of innovation in response to these rapidly unfolding events? How will banks and startups work together?

Meeting 293

Meeting Fintech Innovation Customer Experience 293

CFPB Monitor

SEPTEMBER 8, 2016

The Department of Defense (DoD) has issued an interpretive rule to assist the industry in complying with its July 2015 final rule amending the Military Lending Act’s implementing regulation. ET, Ballard Spahr attorneys will hold a webinar on the interpretive rule: “The DoD’s 11th Hour Interpretive Rule For New MLA Rules.”

Compliance 60

Compliance FDIC Security Regulation 60

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. How banks and credit unions use genAI today Short supporting copy.

Examples 221

Examples Fraud Resources Risk Management 221

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

JUNE 15, 2023

national security and the integrity of the U.S. You might also like this Russian sanctions compliance checklist. Navigate your BSA exam with tips from this on-demand webinar. Navigate your BSA exam with tips from this on-demand webinar. billion was laundered between 2015 and 2020 through the U.S. real estate market alone.

Training 195

Training Regulation Compliance System 195