Abrigo

JUNE 28, 2023

Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. You might also be interested in this AML/CFT risk assessment checklist. Why regular reports matter Board reporting on AML compliance activities BSA Officers have a lot of responsibilities.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. You might also like this webinar, "Conquering CECL model validation: Prepare for success."

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. You might also like this upcoming webinar, "Relationship banking: 7 Keys to extraordinary results." How robust is your compliance program?

Lending 222

Lending How To Risk Management Policies 222

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

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox?

Resources 195

Resources Training Fraud Compliance 195

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance."

Compliance 222

Compliance Community Bank Community Conference 222

Abrigo

DECEMBER 22, 2023

keep me informed download How to create a sound credit risk rating system Banks and credit unions often use a standardized risk rating system for internal monitoring of credit risk. Regulators stress the importance of accurate and timely risk ratings, especially during economic uncertainty.

Lending 222

Lending Risk Management Community Management 222

Abrigo

FEBRUARY 16, 2024

You might also like these on-demand webinars tackling common credit risk questions. Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Focus on addressing the most critical issues and limit the number of exceptions to a manageable level.

Training 195

Training Risk Management Analysis Policies 195

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." In addition, they should be familiar with pertinent laws and regulations affecting credit and lending activities. They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines.

Training 195

Training Lending Risk Management Guidelines 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

Abrigo

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

PYMNTS

JULY 2, 2018

According to John Epperson, principal at Crowe LLP , that goes to show that the current approaches to regulatory and compliance technology ( RegTech ) aren’t working. That conflicts with organizations’ compliance needs, as they require a certain level of information to meet the standards. Common Concerns. Why RegTech?

Compliance 109

Compliance Regulation Meeting Strategy 109

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.

Data 195

Data Lending Compliance Resources 195

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. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. 7 Objectives of credit risk review.

System 195

System Lending Policies Regulation 195

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. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Risk Management Software System 195

Abrigo

NOVEMBER 15, 2019

Regulators consider an effective loan review system vital for financial institutions’ efforts to meet safety and soundness standards. Effective credit risk review promotes lending agility. Cooley is a former OCC examiner who provides loan reviews, outsourced credit analysis, strategic planning, and risk appetite consulting.

System 150

System Lending Compliance Risk Management 150

Abrigo

MAY 9, 2022

Best Practices for Third-Party BSA/AML Assistance Collaborating with a third-party BSA/AML vendor can save time and money when it comes to sanctions compliance. A recent and notable consent order shows the dangers of turning to an unqualified or inept third-party institution to perform some or all BSA/AML duties to meet regulations.

Compliance 195

Compliance Fraud Regulation Resources 195

CFPB Monitor

AUGUST 6, 2018

On July 26, 2018, the Federal Reserve Board (“ FRB “) announced the launch of the “Consumer Compliance Supervision Bulletin” (the “ Bulletin “) and simultaneously published its first issue. With this in mind, the July 2018 Bulletin focuses on a wide-range of consumer protection issues, including: Redlining.

Compliance 68

Compliance Risk Management Lending Training 68

Abrigo

FEBRUARY 25, 2022

You might also like this webinar on BSA/AML regulatory hot topics. Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As According to a 2021 Crypto Crime Report ?

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

JULY 10, 2015

Compliance is often a loaded word for bankers. While regulations within the banking industry are, of course, a necessity, the ongoing conversation about striking a balance between mitigating risk and overregulation continues in government, media and financial institutions themselves. Chief Risk Officer at U.S.

Compliance 150

Compliance Risk Management Regulation Management 150

Abrigo

NOVEMBER 9, 2020

Prudential regulators have made it clear that while they will adjust supervisory strategies as appropriate to emerging risks of the pandemic, examiner scrutiny will continue assessing basic principles that ensure the safety and soundness of financial institutions. Find out about upcoming free lending/credit webinars.

System 195

System Lending Software Risk Management 195

BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. Ian Dunn, general manager of portfolio analytics for digital lending solution nCino, will share his […].

Security 98

Security Compliance Analytics Lending 98

Insights on Business

MARCH 7, 2019

In a business environment defined by sustained market volatility and ever-increasing regulations, companies need the ability to integrate enterprise-wide risk management processes and multiple regulations. For more information about the IBM RegTalk Webinar series, please visit: ibm.biz/RegTalk.

User Experience 93

User Experience Risk Management Compliance Regulation 93

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 208

Community Bank Community Guidelines Risk Management 208

Abrigo

MARCH 24, 2023

Step two Identify inherent risk vs. residual risk Inherent risk is any activity or factor posed to the credit union, notwithstanding applying any management or risk mitigation tools. This example is a situation with a "high" inherent risk and "strong" mitigating controls.

Fraud 195

Fraud Compliance Examples Analysis 195

Abrigo

JANUARY 27, 2020

The National Credit Union Administration (NCUA) has been working on their share of goal setting, as they have released their 2020 supervisory priorities for credit unions, regulation updates, and the agency’s modernization programs. “We Strengthen credit risk by improving underwriting. BSA Rules and Regulation. Cannabis Banking.

Risk Management 195

Risk Management Regulation Management Report 195

Insights on Business

MARCH 4, 2019

It seems like just yesterday when complying with regulation was the end goal in itself. The bulk of these efforts were focused on simply churning out reports to keep regulators happy. Whether financial institutions and their risk systems are ready or not, those days of simple reporting are behind us.

Analysis 79

Analysis Report Regulation Compliance 79

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. In a recent Abrigo webinar presentation by John Geiringer, partner at the law firm Barrack Ferrazzano , John recapped exam findings and consent orders from 2019. Creating a Culture of Compliance. This is a must-have risk management concept.

Training 195

Training Compliance Leadership Fraud 195

Celent Banking

MARCH 30, 2016

Last week, I participated in a Finextra webinar on the topic of “Connected Credit and Compliance for Lending Growth” with panelists from ING, Vertus Partners, Misys and Credits Vision. Cost of compliance. Changing client expectations. Competition from new entrants.

Lending 100

Lending Compliance Training Capital 100

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. You might also like this on-demand webinar, "Identifying emerging CRE risks." help financial institutions adapt quickly to trends.

Report 195

Report Lending Trends Data 195

Abrigo

APRIL 12, 2016

“Prudent oversight is rooted in the directors sending a clear message to staff that they value a strong risk management culture that includes a strong ethical culture,” the FDIC said. Risk management culture What exactly is a risk management culture? Evaluating risk management.

Management 150

Management FDIC Risk Management Community Bank 150

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

Insights on Business

DECEMBER 19, 2018

FINRA and other regulators have informed firms of their expectation to adopt practices of “heightened supervision” to isolate high-risk brokers and activities, including those who have previously committed financial crimes. Heightened supervision expands the aperture. Join the discussion.

Regulation 111

Regulation Innovation Compliance Risk Management 111

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. ” Collection calls; third party communications. .”

Lending 83

Lending Report Regulation Policies 83

Abrigo

MARCH 2, 2023

Abrigo Solutions Make better decisions amid uncertainty Respond quickly and efficiently to the needs of customers.

Technology 195

Technology Lending Community Software 195