PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Plugging In To Plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

Banking Exchange

NOVEMBER 23, 2020

US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research Risk Management Feature3 Feature Mortgage Fair Lending Credit Risk Compliance Management Compliance/Regulatory Mortgage Compliance Mortgage/CRE Duties Financial Research The Economy.

Risk Management 148

Risk Management Compliance Lending US 148

Independent Banker

OCTOBER 31, 2021

Offering digital lending isn’t about the bells and whistles. Community bankers tell us why. 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. By Beth Mattson-Teig.

Lending 91

Lending Community Bank Community North Dakota 91

PYMNTS

MARCH 30, 2020

trillion stimulus package passed last week included an allowance for banks to put off compliance with the credit losses accounting standard until either the end of the year or the end of the coronavirus national emergency, whichever comes earlier.

Report 166

Report US FDIC National 166

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. They also want a document automation process that helps enhance their current security and compliance posture,” she explained. Lending DocAI is part of Google's Document AI portfolio for the mortgage industry.

Google 264

Google Tools Lending Industry 264

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. Telephone and preauthorized transfer accounts Deposit Balances Over Time Data for the multi-state bank (as seen below) was obtained from US Bank Locations.

Risk Management 221

Risk Management United States FDIC Compliance 221

PYMNTS

APRIL 14, 2020

KyckGlobal noted that its cloud-based platform is now being used for such things as specialty consumer lending, insurance claims and incentive programs. The company said its platform offers an “integrated” setup for payment, settlement, customer service and IRS compliance.

Payments 184

Payments US Atlanta United States 184

Gonzobanker

AUGUST 17, 2022

Here’s a few recent ones that caught our attention, and please, “Give us some slack, teach” on the school themes, ok? Lending Tech With Almost Steady Grades (Even With Rough Semesters). Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 184

Fintech Lending Software Compliance 184

Abrigo

NOVEMBER 21, 2019

As BSA officers, we have continuous expectations placed on us to be knowledgeable in all aspects pertaining to Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance. Continuing education is critical for BSA/AML compliance professionals. Plan BSA/AML continuing education for 2020.

Compliance 195

Compliance Training Fraud US 195

Perficient

APRIL 20, 2023

blockchain​, digital wallets​, money center banks​, emerging payment solutions, digital lending​, economic turmoil​, and fintech disintermediation). Explore our expertise in financial services , and contact us today. 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

CFPB Monitor

SEPTEMBER 28, 2018

During Richard Cordray’s tenure as CFPB director, it began to look like we were heading toward an era of much more aggressive application of the Equal Credit Opportunity Act to small business lending. So where does this leave us with respect to potential regulatory application of the Equal Credit Opportunity Act to small business lending?

Lending 68

Lending Data Analysis Compliance 68

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. Other expenditure blind spots, such as Buy Now Pay Later, can be removed through the use of digital income and expenditure assessments or Open Banking data.

Compliance 52

Compliance How To Tools Strategy 52

PYMNTS

SEPTEMBER 18, 2018

In addition, the “digital sandbox” will, in part, focus on regulatory compliance and — as is typical of such testing environments — allow an operating license to be granted in the wake of a proven business model. Announcements came Monday (Sept. Startup accelerators are in place. Open Banking, APIs In The UK.

Fintech 166

Fintech New York US National 166

South State Correspondent

JANUARY 16, 2024

The reason for the cessation of BSBY is simple – lack of use. BSBY was not well received by US regulators from its inception, but the market eventually embraced SOFR over BSBY. No additional reporting or regulatory compliance for the lender or the borrower. No ISDA documents. Virtually no ongoing or upfront costs.

Community Bank 195

Community Bank Community Compliance CA 195

BankUnderground

APRIL 28, 2023

This post investigates whether large and small banks in the UK and US differ in the cyclical patterns of capital positions and credit provision. The data I use bank-level data and GDP growth for the UK and the US. GDP data was collected from the Office for National Statistics and FRED® for the UK and US respectively.

Capital 84

Capital Lending US Data 84

PYMNTS

JANUARY 11, 2021

The pandemic's impacts on the financial and lending spaces are stretching into the new year, with both borrowers and lenders having adjusted how they approach loans in a world where virtual interactions have become the norm. Lenders Race To Meet Pandemic-Driven Expectations. Why A Personal Touch Still Matters.

Lending 157

Lending Tools Meeting Industry 157

Gonzobanker

SEPTEMBER 21, 2023

Lending: Lending Leaves Change Color Abrigo acquired Valuant for compliance and credit risk and DiCOM Software for automated credit risk software and partnered with Charm Solutions to launch Abrigo Small Business Lending Intelligence. Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

NOVEMBER 23, 2020

While many digital-first companies springboard from payments into lending, Figure Technologies , a FinTech focused on home improvement, debt consolidation and retirement products that leverage blockchain protocols, is branching out from lending into payments. Blockchain and a bank charter might do much to boost financial inclusion.

National 215

National blockchain Montana Lending 215

Perficient

MARCH 3, 2022

Federal bank regulators work together to design Comprehensive Capital Analysis and Review (“CCAR”) stress tests that are designed to ensure that even in the case of a severe recession, significant banks can lend to households and businesses. dollar against those countries’ currencies.

Capital 294

Capital Regulation Exercises United States 294

Abrigo

DECEMBER 30, 2019

Key Takeaways Using exam findings from 2019 can help strengthen your BSA program in 2020. Institutions must create a strong culture of compliance. Regulatory hot topics and exam findings from 2019 give us a good road map for 2020 exam preparation. Creating a Culture of Compliance.

Training 195

Training Compliance Leadership Fraud 195

FICO

APRIL 21, 2023

My priorities in testing the potential of UltraFICO Score with DDA attributes were speed to market, simplicity and leveraging an existing scorecard already built on the data – and it didn’t hurt that FICO was the organization that developed and branded it from a marketing, approval and compliance standpoint.

Data 52

Data Lending Trends Branding 52

FICO

OCTOBER 4, 2016

The potential of alternative data in consumer lending decisions continues to be a hot topic in Washington, D.C., When federal banking agencies recently revised their Q&As for CRA compliance , their focus on the use of alternative data caught my eye.

Lending 74

Lending Data Community FDIC 74

Independent Banker

NOVEMBER 30, 2022

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. It was really impactful for us when the lights on the Strip went out—a very emotional, crazy time. Photo by Sammy Tillery. By Tom Groenfeldt. Name: Lexicon Bank. Assets: $237.6

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

PYMNTS

MARCH 6, 2020

The authority would require a change in legislation, but Kraninger argues that it would help the agency spot wrongdoing more quickly, especially when it comes to fair lending practices. We want to incentivize whistleblowers to contact us if they believe their employer is not complying with the law,” the agency said.

Compliance 156

Compliance Lending US Report 156

PYMNTS

SEPTEMBER 22, 2017

Toys R Us: Toys Were Us? But we think the winner of the fizzle of the week top spot has some serious consequences for all of us. Better have a very full and robust compliance department and a perfect working knowledge of AML/YC regulations. There was, of course, added pressure from carrying debt to the tune of $5 billion.

US 108

US Apple Innovation Regulation 108

Abrigo

OCTOBER 19, 2020

Let us know your biggest BSA/AML win. GET SOCIAL Use the profile picture and share about the day. PLAN A VIRTUAL EVENT Plan to spend some time with your BSA/AML or compliance staff with a virtual celebration. We want to recognize this day with our entire industry family and encourage the rest of the nation to join us.

National 195

National United States Fraud Resources 195

PYMNTS

JANUARY 23, 2019

. “Our new partnership with Swift [Prepaid] enables us to provide competitive instant funding options to these small business borrowers while seamlessly integrating Swift’s solutions into our branded customer journey.”

Samsung 162

Samsung New York Branding Apple 162

CFPB Monitor

AUGUST 24, 2020

Elements of the safe harbor include: Oversight Criteria – Among other requirements, the banks must oversee and retain ultimate approval authority over loan origination services, marketing materials, website content and credit policy, and must manage third-party relationships in compliance with FDIC guidance.

Colorado 78

Colorado Fintech Lending Online 78

Abrigo

DECEMBER 17, 2021

For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Abrigo is more like a partner to us than a vendor or software provider.”? . Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Fintech 195

Fintech How To Innovation System 195

Abrigo

APRIL 6, 2022

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. The new requirements become effective on April 1, 2022, but compliance is not required until May 1, 2022. Lending & Credit Risk. Be Prepared.

Security 195

Security Regulation District of Columbia United States 195

South State Correspondent

JANUARY 4, 2023

In the past, you have seen us rank customer relevance and total experience as a top priority for banks – not in 2023. Moving all customers to digital statements, restructuring compliance reviews and employee onboarding are just some of the more popular efforts that banks are undertaking in 2023. Yeah, that was a mistake.

Community Bank 195

Community Bank Capital Lending Training 195

American Banker

JUNE 21, 2023

The bank's $4.6 billion commitment is smaller in size and shorter in duration than a previous plan. It also pledged $9 billion to sustainable finance initiatives over the next three years.

Community 78

Community US Compliance Lending 78

PYMNTS

JANUARY 5, 2018

“Paul’s wealth of experience in planning for growth, resilience, cybersecurity, regulatory compliance, business operations and go-to market strategy will be of great value to BABB’s long-term vision,” said BABB Founder and CEO Rushd Averroes. “We fiscal and regulatory policy.”.

blockchain 108

blockchain Industry Compliance Marketing Strategies 108

BankUnderground

NOVEMBER 27, 2020

On 16 June 1933, as the nationwide banking crisis was reaching a new peak, freshly elected US President Franklin D. We only aim to estimate the impact of the change in funding structure on bank lending behaviour, and do not analyse other potential impacts of ring-fencing, for example relating to compliance costs.

Lending 109

Lending Retail Groups Maine 109

CB Insights

OCTOBER 21, 2018

Outside the US: 44% of the 2018 Fintech 250 are based outside the US. The UK is home to the most Fintech 250 companies outside the US, followed by India. Business Lending & Financing. General Lending & Marketplaces. Mortgage Lending. Point-of-Sale & Personal Lending. Business Lending.

Fintech 78

Fintech Lending Capital Analytics 78

PopularBank

JUNE 10, 2021

Leveraging its institutional depth, Popular Bank works side-by-side with business and retail customers delivering competitive business and retail offerings including Retail and Private Banking , Commercial Lending , Mortgage Services , Association Lending , Healthcare financing , and Middle Market banking. About Popular Bank.

New Jersey 98

New Jersey New York Florida Community 98

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. Understanding the impact of a rising rate environment on a concentrated portion of your lending portfolio is critical.”. Our customers don’t just rely on us to facilitate transactions.

Management 103

Management Community Bank Community Regulation 103