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

APRIL 7, 2022

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." Takeaway 3 Short-term benefits are alluring, but a merger or acquisition is a long-term investment that requires careful management. When two financial institutions come together, the AML and fraud compliance functions will need to be consolidated.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

FEBRUARY 14, 2023

Data collection requirements The CFPB 1071 rule is a top compliance concern According to a recent survey , financial institution executives’ top regulatory compliance concern is the final rule from the Consumer Financial Protection Bureau (CFPB) on data collection for small business loan applications. What data must be collected?

Data 195

Data Lending Compliance Resources 195

Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud.

Fraud 150

Fraud How To social media Security 150

Abrigo

NOVEMBER 1, 2021

Takeaway 1 BSA and fraud functions have historically been siloed, and IT has been external to compliance. Bank Secrecy Act (BSA) and fraud functions have historically been siloed within financial institutions' structures in the compliance world. Watch this webinar for resources and info on pros/cons. Watch Webinar.

Fraud 195

Fraud Video Training Compliance 195

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Risk Management 52

Risk Management Mobile Management Compliance 52

Abrigo

JUNE 19, 2022

You might also like these webinars especially for 2023 CECL adopters: "CECL Streamlined." And while regulators said some institutions would find the ELE tool useful for CECL, they acknowledged it did not represent a preferred method of regulators or a “safe harbor” method for GAAP compliance. keep me informed. Related Subhead.

Tools 195

Tools Regulation Data Resources 195

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

Abrigo

FEBRUARY 24, 2022

As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management. Institutions secure financial instruments at a certain rate based on the market rates as of a specific point in time. Earnings at Risk.

Management 195

Management Analysis Strategy Policies 195

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

Abrigo

JANUARY 24, 2024

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape."

FDIC 195

FDIC Regulation Strategy Data 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

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

Abrigo

JULY 25, 2023

How offering FedNow instant payments affects fraud & AML/CFT compliance What financial crime staff can do to prepare fraud and AML functions for implementing the FedNow Service for instant payments. Would you like other articles on fraud and AML/CFT compliance in your inbox? Lesson one. The FedNow Service is not mandatory.

Fraud 195

Fraud Payments Security Resources 195

Abrigo

NOVEMBER 9, 2020

Sound loan administration software or systems will generate accurate, timely information in a secure environment. They will incorporate capabilities to address needs that can generally be grouped into three questions: Does the loan administration software or system capture or generate accurate, timely information in a secure environment?

System 195

System Lending Software Risk Management 195

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Risk Management 52

Risk Management Mobile Management Compliance 52

Abrigo

MARCH 11, 2022

Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance. As sanctions become more complex and require constant diligence, Office of Foreign Assets Control (OFAC) compliance should be a high focus for your business. Regulatory Focuses in 2022.

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

OCTOBER 20, 2017

ATMs have been around for decades, along with the challenges they pose for financial institutions – including security of a machine that can hold hundreds of thousands of dollars; the financial burden of operating a fleet of such complex machinery; and management of the suppliers, solutions and technologies that go into making an ATM tick.

ATM 101

ATM Operations Customer Experience Security 101

Abrigo

MAY 30, 2023

But compliance deadlines are tiered. However, compliance deadlines for affected financial institutions are tiered so that small business lenders originating the most transactions begin reporting data earlier than less active small business lenders. 1, 2024, is the earliest compliance deadline.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

AUGUST 8, 2021

An effective independent loan review system has always been critical for managing a financial institution’s credit risk and accurately estimating the allowance for loan and lease losses, or ALLL. It also monitors compliance with applicable regulations and laws.

System 195

System Lending Policies Regulation 195

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred.

Fraud 221

Fraud Payments Software Policies 221

Abrigo

FEBRUARY 23, 2023

Relationship focus helps CFIs Small banks can leapfrog competitors and better serve their communities by combining their unique advantages with smart management and partnerships. Declining deposits, higher cost of funds, and ever-increasing competition are just a few challenges these executives are managing.

Community Bank 195

Community Bank Kansas City Community 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. “Novel” Risk Management for Banking Leaders in 2021. Fraud Trends.

Fraud 195

Fraud Trends Survey Technology 195

Abrigo

MAY 2, 2017

Attend any conference, webinar or professional development course and you will most likely hear the buzz on the importance of becoming more relevant to your clients, adding advisory services and delivering more value. This is precisely the reason you will need to make a decision on developing systems.

How To 150

How To Taxes Compliance System 150

Abrigo

JANUARY 3, 2024

You might also like this on-demand webinar, "How the AMLA & CTA will affect your AML program." FIs must certify that the BOI will be held securely and that the FI has received approval from the reporting entity to access their ownership details. It also has a Small Entity Compliance Guide for BOI reporting. Beginning Feb.

Fraud 221

Fraud Regulation Report Compliance 221

Perficient

OCTOBER 2, 2020

Recently, IDC Research Director Gary Chen and Perficient’s Victor Wolters, Enterprise Strategist, presented a webinar that discussed application modernization, containers, and the value of Red Hat OpenShift on AWS. Webinar Transcript. At the top there, you see improve security. Trends from IDC Research on Container Adoption.

Software 332

Software Technology Tools Groups 332

Perficient

FEBRUARY 13, 2021

This new Teams Pro service plan will consist of new webinar and ‘meeting intelligence’ capabilities in the Teams client. One important note, this new capability does not support IRM (Individual Rights Management) nor Do Not Forward (DNF) emails. So with such a big update coming down the pike, how will you manage this?

Meeting 520

Meeting Policies Groups Training 520

Abrigo

APRIL 20, 2016

With the pressures of changing regulations and data security continuing to increase, banks and credit unions must remain vigilant when it comes to their data. Ensuring that data is of high quality, accessible and secure is key to keeping up with this changing environment. Management 3. Collection 2. Protection 4.

Data 150

Data Compliance Regulation Security 150

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

PYMNTS

SEPTEMBER 10, 2018

During that webinar, Karen Webster will take a deep dive into “ Simplifying the Tokenization of Diverse Data ” with Alex Pezold, CEO at data protection platform TokenEx. It’s all made possible by tokenization , which has a future in not only securing transactions, but also in making them frictionless. Data Everywhere.

Compliance 101

Compliance Data Security Payments 101

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Lendio already secured its approval to facilitate PPP loans, the alternative lender said, noting that small businesses can now apply for a PPP loan on the Lendio platform.

Lending 245

Lending Fintech America Technology 245

Perficient

JUNE 12, 2020

If your brand is taking the steps to mature, it might be that a centralized model starts with a small team with a plan to secure additional resources over time. A big part of this is thinking about change management because you have to shift your mindset to be more digital. First and Next Steps. Case Study.

Resources 309

Resources Case Study Strategy Groups 309

Abrigo

FEBRUARY 25, 2022

You might also like this webinar on BSA/AML regulatory hot topics. Culture of compliance As the AMLA provides more and more clarification, it will be extremely important to have the support of your institution’s compliance program in 2022. This month, the U.S.

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

MARCH 7, 2022

Takeaway 2 Planning ahead and informing management of expected changes will help financial institutions adapt to anticipated rules and guidance. Office of Foreign Assets Control (OFAC) compliance should be a high focus as sanctions become more complex and require constant diligence. 2022 Regulatory Focus.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

Abrigo

AUGUST 18, 2020

Whether institutions are considering digitizing the lending , portfolio , fraud, or BSA/AML departments, involve senior management in the process to get their buy-in. It’s going to be what are we going to do with the security and IT issues as we work from home? It’s not ‘what can we do in the short term?’ BSA Rules and Regulation.

Fraud 195

Fraud Trends Compliance Technology 195