Abrigo

MAY 30, 2023

But compliance deadlines are tiered. June 28, 2023, based on the Code of Federal Regulations and the March 30 publication). 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.

Compliance 195

Compliance Lending Data Regulation 195

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 3 NBFIs should review common deficiencies in AML programs that regulators are citing and fix issues before their next audit or exam.

Regulation 195

Regulation cryptocurrency Policies Management 195

Abrigo

APRIL 6, 2022

You might also like this webinar, "Russian Sanctions: Impact, Implications, and Best Practices." Takeaway 2 The change includes an obligation to inform regulators of a “notification incident” ASAP and no later than 36 hours after a reportable event occurs. Expand and Clarify. Computer-security incident notifications required.

Security 195

Security Regulation District of Columbia United States 195

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

Abrigo

DECEMBER 8, 2021

Should BSA/AML board training be in person or online? Specific topics for your BSA board training may include the following: Give a brief history of BSA/AML The key point to make regarding the history of BSA/AML is to understand is understanding laws and regulations. Board Training.

Training 195

Training Resources Video Compliance 195

Independent Banker

AUGUST 31, 2022

And as banking processes increasingly moved online, community bankers needed to fortify their online defenses against fraud and cybercrime. CBU also provides access to individual and bundled courses and webinars, including HAS/IRA basics, workplace compliance, the fintech landscape and more, many for CPE credits.

Community 91

Community Security Community Bank Fraud 91

Abrigo

AUGUST 22, 2019

Ongoing training is at the very heart of a satisfactory Bank Secrecy Act/Anti-Money Laundering (BSA/AML) compliance program in financial institutions. Finally, BSA officers can obtain required training using online resources from reputable thought leaders. Networking is especially important for BSA officers to be able to stay informed.

Training 150

Training Las Vegas Alabama Minneapolis 150

Abrigo

AUGUST 18, 2020

There is a greater emphasis on person-to-person payments over debit card use and online account opening instead of visiting a branch. If financial institutions can focus on these five things as they maintain their compliance, they will come out of this pandemic stronger and ready to serve their customers and members better. Card Fraud.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

MARCH 24, 2023

In that case, this could indicate a need for a strong culture of compliance, which will ultimately lead to further increased risk. A designated officer should be appointed and approved by the board of directors as responsible for AML/CFT and OFAC compliance.

Fraud 195

Fraud Compliance Examples Analysis 195

CFPB Monitor

JUNE 17, 2020

The Federal Trade Commission recently provided its annual letter to the CFPB concerning its enforcement activities relating to compliance with Regulation Z (Truth in Lending Act), Regulation M (Consumer Leasing Act), and Regulation E (Electronic Fund Transfer Act). Regulation Z/TILA; Regulation M/Consumer Leasing Act.

Report 78

Report Regulation Policies Lending 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Regulators will be expecting this as they examine institutions for FinCEN priority preparedness. Goods Lost in Transit Fraud (GLIT): GLIT occurs when a person orders goods online and falsely claims they were never delivered or damaged on arrival.

Fraud 195

Fraud Trends Cards Software 195

Abrigo

AUGUST 18, 2020

There is a greater emphasis on person-to-person payments over debit card use and online account opening instead of visiting a branch. If financial institutions can focus on these five things as they maintain their compliance, they will come out of this pandemic stronger and ready to serve their customers and members better. Learn More.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

JUNE 13, 2022

Many seniors are uncomfortable with online banking and other more modern tools, including drive-through banking, which gives frontline financial institution staff an opportunity to detect a decline in a client's financial situation or change to their personal demeanor. BSA Rules and Regulation. BSA Rules and Regulation.

Fraud 195

Fraud Training United States Survey 195

Abrigo

NOVEMBER 9, 2022

The Q1 2023 compliance date is near for smaller SEC-reporting financial institutions and private or not-for-profit banks and credit unions, and progress is decidedly mixed, according to the Abrigo 2022 CECL Survey. Use a software tool [and] ensure your auditors and regulators are in the loop on progress.” CECL Regulation.

Survey 195

Survey Software Resources Meeting 195

Abrigo

JANUARY 24, 2024

"Accept without post" option A critical way credit unions can prevent FedNow fraud is that staff investigating AML or fraud can hold funds or delay the availability of funds, perhaps even beyond Regulation CC requirements. Identify what occurs when ACWP is used and ensure compliance with Reg CC and FedNow operating procedures.

Fraud 222

Fraud Payments Software Policies 222

PYMNTS

APRIL 30, 2018

The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the European Union. The General Data Protection Regulation (GDPR) goes into effect on May 25 of this year. According to Ethoca, neither should preparations for the shift.

Fraud 138

Fraud Regulation Data Compliance 138

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. We’ve been able to automate tremendous amounts of compliancy, testing, and risk mitigation.

Software 332

Software Technology Tools Groups 332

CFPB Monitor

NOVEMBER 7, 2016

ET, Ballard Spahr attorneys will hold a webinar, “The CFPB’s Fall 2016 Supervisory Highlights: Looking Beyond the Headlines.” Regulation E. On December 2, 2016, from 12 p.m. ” A link to register is available here. million to more than 225,000 consumers. ” Debt collection.

Lending 83

Lending Report Regulation Policies 83

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. The regulation requires companies to provide more transparency over how consumer data is used. Skillful criminals know how to use crowds — just ask anyone who has been pickpocketed in a subway station.

Los Angeles 107

Los Angeles Google Regulation Data 107

FICO

NOVEMBER 23, 2021

As the impacts of the pandemic continue to play out, regulators are heaping ever-more emphasis on fair outcomes and doubling-down on lenders deemed to be harassing late-payers. . It's an area covered in detail during a recent Digital-First Collections Strategy webinar co-presented with McKinsey partner Matt Higginson.

Marketing 59

Marketing Strategy Maine Compliance 59

Abrigo

MARCH 2, 2023

How much easier and less stressful would PPP have been if the institution had already created the ability to take and process loan requests online before being shut down due to COVID? Remember the Paycheck Protection Program (PPP)? Many institutions were able to propel growth with the technology installed before or during PPP.

Technology 195

Technology Lending Community Software 195

Independent Banker

JULY 29, 2016

The Compliance Institute, which is six days of classroom instruction, leads to the Certified Community Bank Compliance Officer certification. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. Online Education Center.

Minneapolis 70

Minneapolis Community Bank Community San Antonio 70

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Major consumer loan compliance regulations.

Compliance 195

Compliance Lending Risk Management Regulation 195

PYMNTS

MAY 15, 2018

In a recent webinar, Patel and Karen Webster took a deep dive into the challenges, the reasons standard choices fall short and what it takes to attain the elusive IDV nirvana. This method, Patel said, also ensures that organizations are meeting compliance and regulatory requirements. The Pros and Cons of Standard Security Choices.

Fraud 129

Fraud Training Security Compliance 129

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. You can dig into this topic in TJ’s on-demand webinar, Fraud & Financial Crime Convergence: Demanding Smarter Decisions. #2:

Fraud 52

Fraud Compliance Survey Google 52

FICO

APRIL 7, 2020

Will the shift to online and mobile payment channels be a permanent boost? As fraud practitioners, it’s easy to see the immediate impact on our lives – from reduced operational capacity, to the proliferation of COVID19 scams , to the need to modify our strategies as consumer spending habits have suddenly shifted.

Fraud 52

Fraud Exercises Risk Management Strategy 52

NCR

NOVEMBER 21, 2016

Some financial institutions might take a negative view of the new rules – which will mean increased competition and more work for compliance departments – but it has been noted that PSD2 could hold promising potential for established banks as well. ” The fraud implications. . ” The fraud implications.

Fraud 40

Fraud Compliance Payments Exercises 40

Abrigo

DECEMBER 22, 2023

Abrigo's most popular financial crime blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. Others explain common and emerging fraud trends that compliance staff are working to prevent. Here are Abrigo’s 10 top AML and fraud blogs in 2023.

Fraud 222

Fraud Training Compliance Trends 222

FICO

JANUARY 7, 2021

For more information, watch this webinar: #2. It provides a unified view of analytics, business strategies, audit and compliance, empowering companies to make smarter, faster, more profitable decisions.”. For more information, watch the free, on-demand webinar "Turning your IT Platform in a Digital Transformation Launch Pad". #4.

Management 52

Management Analytics Strategy Data 52

Abrigo

SEPTEMBER 20, 2021

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. This will include any online lender, platform lender, fintech – this is going to be everybody.”

Lending 195

Lending Data Compliance Regulation 195

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager.

Lending 195

Lending Data Regulation Community 195

NCR

OCTOBER 2, 2017

NCR teamed up with Payments Cards & Mobile to explore this subject in-depth in the report ‘PSD2 and Europe’s Open Banking Mandate – Challenges for Banks and Fintechs’ A webinar will follow at 14:00 UK time on Tuesday October 3 rd – register here. The opportunities and challenges of PSD2.

Fintech 72

Fintech Innovation Security Payments 72

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Regulator Award. This is the FIDO Alliance’s objective as it strives to change the nature of online/mobile authentication.

Community Bank 60

Community Bank Apple Community Technology 60

Abrigo

JANUARY 31, 2023

You might also like this upcoming webinar, "BSA officer’s mindset: A comprehensive look at your AML/CFT program." Recap and forecast The current state of AML/CFT regulations Terminology change Financial crime professionals have long referred to Bank Secrecy Act (BSA) compliance in conjunction with anti-money laundering efforts as “BSA/AML.”

Fraud 195

Fraud Training Regulation Trends 195