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. Would you like other articles like this in your inbox?

Lending 195

Lending Software Management Handbook 195

Abrigo

FEBRUARY 8, 2022

What NBFIs Should Know About Their AML Programs NBFI AML compliance requirements are top of mind in today's regulatory environment. Consumers are looking for speed without the hassle of mounds of paperwork and lengthy approval processes, whether with deposit or lending accounts. NBFIs’ AML compliance requirements. DOWNLOAD .

Compliance 195

Compliance Training Regulation Fraud 195

PYMNTS

NOVEMBER 10, 2020

It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. The rest will go toward developing partnerships with governments and regulators “to raise the bar” when it comes to modern, unbiased lending.

Lending 345

Lending Software Compliance System 345

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. Proposal Issued. securities credit.

Lending 195

Lending Data Compliance Regulation 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. help financial institutions adapt quickly to trends. Learn how to tap your data to generate management insights.

Report 195

Report Lending Trends Data 195

Jeff For Banks

APRIL 4, 2024

These were up-and-coming bankers, the future leaders of our industry, identifying industry trends that will have the greatest impact on their bank, in no particular order. Shadow Banking This trend seemed very specific to current commercial lender anxiety today. Such as direct lending funds, and insurance companies.

Banking Trends 113

Banking Trends Trends Millennials Oregon 113

Banking Exchange

APRIL 18, 2021

Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase Community Banking Consumer Compliance Customers Fair Lending Profitability Feature3 Financial Research Feature Financial Trends Lines of Business Retail Banking The Economy.

Lending 127

Lending Community Bank Compliance Community 127

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

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

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. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 221

Training Compliance Fraud Policies 221

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

JUNE 12, 2023

You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions. Streamlined compliance : Compliance with varying state regulations significantly burdens money transmitters. Compliance and reporting : Mandate implementing robust AML and CTF programs by money transmitters.

Compliance 195

Compliance Fraud Regulation Guidelines 195

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. Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions.

Training 195

Training Compliance Fraud Policies 195

CFPB Monitor

JULY 5, 2022

In response to a request from three Democratic House members, the GAO recently issued a report on its review of fair lending oversight conducted by the Office of the Comptroller of the Currency. These changes contributed to fewer annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks.

Lending 78

Lending Report Policies Handbook 78

Abrigo

MAY 24, 2024

Compliance measures: Ensuring adherence to Reg CC and FedNow operating procedures. It’s crucial to clarify the following when preparing to implement FedNow: Sender and receiver eligibility: Who is allowed to send and receive funds? Transaction management: Procedures for accepting, rejecting, or accepting without posting transactions.

How To 243

How To Fraud Resources Georgia 243

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

CFPB Monitor

JANUARY 5, 2021

based on alleged violations of the Military Lending Act (MLA) and Electronic Funds Transfer Act (EFTA). While, as noted, this is the CFPB’s second recent investigatory sweep related to military lending practices, the Omni consent order may also be part of a broader but unannounced focus on EFTA compliance.

Lending 78

Lending Trends Nevada Compliance 78

Abrigo

SEPTEMBER 14, 2022

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. The proposed rule , unveiled Sept. Controversial Provisions.

Lending 195

Lending Data Regulation Community 195

Abrigo

FEBRUARY 23, 2023

For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. The best lending software for small banks, for example, is flexible enough that it can be customer-facing for only those product types the bank chooses. Check out our 1071 compliance resources.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

DECEMBER 11, 2020

In this week's news, we saw two blockbuster IPOs, arguments and stalemates over a new stimulus bill, and new data on consumers' digital shopping trends. Online lending startup Social Finance (SoFi) is in talks to go public through a sale to blank-check acquisition company. The Weekender is here to catch you up.

Trends 175

Trends Fraud Millennials Community Bank 175

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

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. You might also like this report on commercial loan automation systems DOWNLOAD. Definition of LOS.

System 338

System Lending Software Analysis 338

Banking Exchange

FEBRUARY 10, 2021

Further easing is expected but banks warn of a deterioration in loan performance Mortgage Credit Bank Performance Consumer Credit The Economy Feature Financial Trends Mortgage Mortgage Compliance Mortgage/CRE Feature3.

Lending 78

Lending Compliance Trends 78

Banking Exchange

AUGUST 29, 2019

Even if people do not have banking history, they do have an online footprint Financial Research Mortgage Credit The Economy Feature Financial Trends Technology Risk Adjusted People Customers Tech Management Online Fair Lending Credit Risk Consumer Compliance Big Data Feature3 Mortgage/CRE Fintech.

Lending 60

Lending Data Big Data Compliance 60

Perficient

NOVEMBER 10, 2023

Retail banks respond to the Federal Reserve’s short-term interest rate adjustments with corresponding changes in lending and deposit rates. However, in the current rising interest rate environment in the United States since 2022, loan rates have adapted more rapidly than deposit rates.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

MAY 9, 2016

Renaud Laplanche , the CEO of Lending Club, has resigned following a board investigation regarding allegations of improper practices surrounding a loan sale with an investor. Furthermore, there are reports that the date on the loans was tampered with to ensure they were within compliance requirements.

Lending 100

Lending Conference Compliance Meeting 100

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. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

Banking Exchange

DECEMBER 21, 2020

FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high Community Banking Consumer Compliance Customers Feature3 Financial Research Feature Financial Trends Fair Lending PPP Covid19.

Study 88

Study Community Bank Compliance Survey 88

Abrigo

DECEMBER 22, 2023

Watch NOW Takeaway 1 Portfolio risk and accounting professionals often keep up to date on industry trends by reading Abrigo's blog. 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

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

Abrigo

MAY 18, 2023

The guidance also calls for establishing an appropriate review scope to ensure that the sample of loans selected for review, or portfolio segment chosen for review, represents the portfolio as a whole and provides reasonable assurance that any credit quality deterioration or negative trends are identified.

Lending 195

Lending Training Guidelines Policies 195

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

Abrigo

MAY 14, 2021

Compliance and Decision-making. Distinct risk management processes can be both effective for satisfying compliance requirements and helpful for strategic decision making. Stay up to date on portfolio risk and reporting trends. Lending & Credit Risk. CRE Lending. Lending & Credit Risk. Ag Lending.

Management 195

Management Risk Management Lending System 195

Abrigo

JUNE 23, 2023

It also helps accelerate growth with greater visibility into data to measure performance targets for loans and deposits, uncover hidden cross-sale opportunities, and analyze deposit trends. Stay up to date on the CFPB 1071 data collection rule and other lending compliance topics. Talk to a specialist to learn more.

Data 195

Data Lending System Management 195

Banking Exchange

JUNE 3, 2020

KBRA warns that stable delinquency rates could rise in the months ahead as banks have focused on short-term relief Risk Management Retail Banking Compliance Fair Lending Mortgage Compliance Management Operational Risk Feature3 Feature Financial Trends PPP Covid19 The Economy.

Risk Management 78

Risk Management Compliance Lending Trends 78