article thumbnail

Is the ThinkBIG Conference Right for My Financial Institution?

Abrigo

The first annual ThinkBIG Conference is right around the corner. ThinkBIG will provide best practices for driving growth and will deepen financial institutions’ expertise in risk management. Click here to learn more about the conference and get registered today. There’s just a little over a month left until the event.

article thumbnail

CECL is a hot topic at Sageworks Risk Management Summit

Abrigo

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OCC announces national banks and federal savings associations can provide custody services for crypto assets

CFPB Monitor

The OCC issued a letter last week stating that “a national bank [and a federal savings association] may provide. Through intermediated exchanges of payments, banks facilitate the flow of funds within our economy and serve important financial risk management and other financial needs of bank customers.

National 113
article thumbnail

Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks banking industry experts are winding down a busy year of disseminating information and facilitating discussions on regulatory changes, such as the FASB’s upcoming move to the current expected credit loss model (CECL), and on best practices for portfolio risk management and credit analysis.

article thumbnail

St. Louis Fed Pushes For Mass Testing Over Quarantine

PYMNTS

We should be thinking about risk management,” Bullard said, according to a Tuesday (April 14) report in the St. Louis Business Journal, citing a virtual conference by the St. People have to feel they are not at risk at work, at restaurants, in everyday life.”. We shouldn’t be thinking of rolling quarantines.

St. Louis 132
article thumbnail

State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. Can the states make licensing – of the money movement kind – any easier?

article thumbnail

Fed reported to have reservations about fintech charter

CFPB Monitor

Last July, the OCC announced its decision to accept applications for special purpose national bank (SPNB) charters from fintech companies. Reuters reports that “many Fed officials fear that these firms lack robust risk-management controls and consumer protections that banks have in place.”