Abrigo

APRIL 19, 2022

Credit and Lending Software Overcome Common Lending Problems Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Has Special Servicing developed its loss mitigation strategy?

Lending 195

Lending Software Management Handbook 195

Perficient

FEBRUARY 29, 2024

Banking institutions are responding by integrating advanced technologies, particularly artificial intelligence and data analytics, into their lending operations to enhance efficiency and adaptability. Facilitation of embedded lending while ensuring compliance: Embedded finance initiatives must adhere to regulatory requirements.

Trends 221

Trends Industry Analytics Compliance 221

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Also, in China, analysts at Yingcan Group pointed to the government’s P2P and marketplace lending crackdown as being likely to shrink the industry by as much as 70 percent this year. In the U.S., In June, the U.K.’s

Compliance 117

Compliance Risk Management Lending Regulation 117

Independent Banker

OCTOBER 31, 2022

Digital lending capabilities are quickly becoming table stakes, particularly when it comes to small business lending. However, banks should first consider their customers’ needs and the infrastructure and features needed in a lending platform before adopting a new digital strategy. Benefits of digital lending.

Lending 91

Lending Community Bank Community Illinois 91

Abrigo

MAY 19, 2023

Takeaway 2 Examining the following objectives and evaluating your loan review system based on them can ensure regulatory compliance. Systems may include components that are independent of the lending function or may place some reliance on loan officers.

System 195

System Regulation How To Lending 195

Abrigo

MAY 24, 2024

This whitepaper provides insights into the functionalities and benefits of the service, which can guide your institution in planning its FedNow adoption strategy. Compliance measures: Ensuring adherence to Reg CC and FedNow operating procedures. Institutions can connect to FedNow through their core systems or other service providers.

How To 243

How To Fraud Resources Georgia 243

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

DECEMBER 5, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." A BSA Officer must be well-versed in these areas to ensure the institution's full compliance and avoid regulatory criticism. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Abrigo

JANUARY 18, 2017

In an increasingly competitive banking environment, many banks and credit unions are re-evaluating their lending portfolios to see where they might have strong opportunities for competitive growth. For many, that area is Small to Medium Business Lending and Commercial Real Estate. percent of a credit union’s assets.

Lending 150

Lending Risk Management Management Compliance 150

Abrigo

SEPTEMBER 29, 2022

Essential technology for modern lending and credit departments. Instead, they are a specific program for lending institutions and their needs. An essential function of this software is that it helps in identifying potential risks and threats related to construction lending. Construction Lending. Lending & Credit Risk.

Software 195

Software Lending Management Strategy 195

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act.

Compliance 109

Compliance FDIC Strategy Fintech 109

Perficient

APRIL 20, 2023

blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). Marketers often turn to technology vendors to help them define robust and compliant digital marketing strategies.

Marketing 294

Marketing Marketing Strategies social media Strategy 294

Abrigo

DECEMBER 1, 2014

As many credit unions are just beginning to develop or expand member business lending (MBL) programs, it is important develop or tighten a sound MBL strategy to ensure long-term success in managing risks. To find out more, check out this complimentary whitepaper on Mitigating Top Member Business Lending Risks. billion to $43.16

Strategy 186

Strategy How To Resources Lending 186

PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 116

Compliance Data Regulation Analytics 116

BankInovation

MAY 4, 2022

Automation, data management and compliance strategies were a focus of discussion last week at the Auto Finance Innovation and Auto Finance Risk Summits in San Diego. Chase Auto, Wells Fargo Auto and Mazda Financial Services plan to expand their automation efforts through new upgrades and investments.

San Diego 97

San Diego Conference Management Data 97

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." FinCEN assessed a $1.5

Training 221

Training Compliance Fraud Policies 221

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. Ironically, data for making lending and credit decisions for the financial institution can also be one of the toughest assets to harness.

Report 195

Report Lending Trends Data 195

PYMNTS

JUNE 10, 2019

The Financial Stability Board says Basel III rules have not led to a squeeze of the small business bank lending market, according to reports on Friday (June 7). The FSB announced Friday the findings of its analysis of Basel III regulations on the small business lending space.

Lending 100

Lending Capital Regulation Survey 100

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. started developing its digital lending platform about three years ago—and the bank is really glad it did. “I’m Community bankers are increasingly recognizing that the future of digital lending is here. Illustration by Out of the box/Stocksy. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." FinCEN assessed a $1.5

Training 195

Training Compliance Fraud Policies 195

Abrigo

DECEMBER 2, 2021

Using information from the core deposit study, bank or credit union management better understands depositor behavior and has critical information to develop pricing strategies and manage funding costs. Beef up your loan pricing strategy. Lending & Credit Risk. Deposit Pricing Strategy. Consumer Lending.

Conference 195

Conference San Antonio Lending Fraud 195

Independent Banker

JULY 31, 2022

As we enter budgeting season, the answers might be found in a mix of strategies. Consider your branch strategy. Crowe’s Grottke points that the “graying of community bankers” exacerbates the talent shortage—and can make it difficult to increase profitability by taking advantage of growth areas like commercial lending.

Strategy 135

Strategy Community Bank Louisville Community 135

Abrigo

MARCH 21, 2023

Strategies for earning more in rising rates Financial institutions need to be intentional with funding strategies and loan pricing models. Takeaway 3 Diving deeper into depositor pricing and evaluating loan pricing to ensure compensation for the risk are among strategies to manage interest rate risk. billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Get details in "A guide to implementing credit policy."

Training 195

Training Risk Management Analysis Policies 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.

Compliance 68

Compliance Risk Management Lending Training 68

Abrigo

JUNE 18, 2020

15 due to compliance with specific health and safety requirements as outlined in the PPP Flexibility Act. CRE Lending. Lending & Credit Risk. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies. CRE Lending. Lending & Credit Risk. CRE Lending.

Lending 293

Lending Strategy Risk Management Compliance 293

Abrigo

JANUARY 30, 2024

REGISTER Takeaway 1 Banking and compliance professionals rely on ThinkBIG to elevate their understanding of industry shifts and regulatory pressures. Banking and compliance professionals rely on the annual conference to elevate their understanding of industry shifts and regulatory pressures that hammer them daily.

Conference 195

Conference Arizona Phoenix Fraud 195

South State Correspondent

APRIL 23, 2024

Banking has a similar physics problem when management juggles strategy, risk/profitability, and customer behavior. When you introduce some aspects of strategy, risk-adjusted profitability and customer behavior start to get unstable and almost impossible to predict in a generalized formula. The problem is currently unsolvable.

Risk Management 195

Risk Management Strategy Management Customer Experience 195

Abrigo

DECEMBER 22, 2023

Read this blog for ten key reports on capital, growth, and liquidity that can help financial institutions identify increased risk and shape strategy in tricky conditions. Now that it’s implemented, it’s crucial to ensure ongoing compliance and efficient management of the allowance for credit losses (ACL).

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

MAY 18, 2023

When applicable, this evaluation includes the appropriateness of automated underwriting and credit scoring, including prudent use of overrides, as well as the effectiveness of account management strategies, collections, and portfolio management activities in managing credit risk.

Lending 195

Lending Training Guidelines Policies 195

FICO

MAY 2, 2023

I sat down with UK lenders in two roundtable discussions in March to explore the different approaches being taken to Consumer Duty compliance. Communication The discussion also flagged challenges around embedding digital servicing, with a need to move towards a channel strategy as opposed to a product focus.

Compliance 52

Compliance How To Tools Strategy 52

American Banker

DECEMBER 6, 2023

The OCC advises banks to implement robust risk management strategies for BNPL lending, emphasizing transparent loan terms, fraud mitigation and compliance with consumer protection laws.

Management 36

Management Risk Management Compliance Lending 36

Abrigo

MAY 8, 2024

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. Another example of using predictive AI is small business lending software that incorporates AI-driven lending intelligence.

Examples 221

Examples Fraud Resources Risk Management 221

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 184

Fintech Lending Software Compliance 184