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The top lending & credit risk blogs of the year

Abrigo

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221
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10 NBFI AML Compliance Essentials

Abrigo

What NBFIs Should Know About Their AML Programs NBFI AML compliance requirements are top of mind in today's regulatory environment. Branch networks and banking hours have been replaced with mobile banking and user experience as important decision criteria in choosing financial relationships. NBFIs’ AML compliance requirements.

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6 Key Components That All Loan Administration Software Should Have

Abrigo

In addition, leveraging lending correspondence software creates a better user experience and streamlines the internal processes. It’s also important to track these exceptions in aggregate across the portfolio, as they point out holes in underwriting standards or compliance problems.

Software 195
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US Inches Toward Open Banking With CFPB Notice

PYMNTS

Small business lending platform BlueVine is the latest FinTech to take this path, having taken the wraps off of its banking solution this week with the launch of BlueVine Business Banking. With more and more FinTechs introducing their own banking services, the competition is heating up.

US 203
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Open Banking Can Scale With Incentives And API Aggregation

PYMNTS

This means the focus as been more on compliance with PDS2 rather than commercialization. The challenge as it now stands, however, is that the user experience for payments via open banking is not yet as seamless as the card payment experiences that many consumers are generally used to in high card penetration markets like the U.K.

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A Masterclass in Bank Total Experience In One Graphic

South State Correspondent

In this article, we walk through why banks should focus on total experience (TX) and give you the ten critical factors that can catapult your bank ahead of almost every bank in the industry. What Is Total Experience? Total experience is the latest evolution of providing superior service. Build from there.

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The Positive Impact of Digitization on the Finance and Leasing Industry

Cisco

Financial service providers continue to de-risk their lending environment and traditional lenders are less likely to offer finance in the face of strict regulatory requirements. Similarly, the role of finance and leasing companies has evolved to focus on providing customers with a seamless omnichannel experience.