CFPB Monitor

SEPTEMBER 8, 2022

In remarks yesterday to The Clearing House and Bank Policy Institute Annual Conference, Acting Comptroller Hsu discussed the growth “of banking-as-a-service (BaaS),” meaning arrangements in which a nonbank offers banking services to its customers as a way of adding value to its products and services.

Fintech 146

Fintech Risk Management Conference Lending 146

Abrigo

APRIL 21, 2023

Regulators have highlighted the importance of credit risk review to provide ongoing feedback on lending processes and support accurate estimates for the allowance for credit losses (ACL) or the allowance for loan and lease losses (ALLL). One conference attendee described how such a workflow provides a first pass at loans.

Lending 195

Lending Risk Management Software System 195

Abrigo

DECEMBER 2, 2021

Takeaway 2 Excess budget funds can also be used to help mitigate risk in areas such as the BSA department or loan review. Takeaway 3 Signing up for 2022 conferences is another smart use of surplus budget funds, because some events are offering early-bird discounts. Conference Registrations. Credit Risk Management.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

APRIL 19, 2016

In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform. Specifically, he said this means: • The bank understands the product and the risks it carries. • Collaborate with other regulators.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

DECEMBER 4, 2015

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.

North Carolina 150

North Carolina Ohio DC Regional 150

Alex Jimenez

NOVEMBER 4, 2023

This year the conference did not disappoint, although, in many regards, it felt quite different from previous years. However, had I been attending the conference mainly the sessions themselves, I think I would have been displeased. Real-Time Payments: For the second year in a row, FedNow had a booth at the conference.

Conference 84

Conference Meeting Trends Fintech 84

CFPB Monitor

JULY 27, 2020

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. It makes the “suggestion” to confer first with the OCC before onboarding any cryptocurrency clients.

National 113

National cryptocurrency Risk Management Regulation 113

PYMNTS

MAY 22, 2018

Corporate treasurers gathered for the Association of Corporate Treasurers (ACT) annual conference last week, and there, treasury professionals made clear where their priorities stand today. and Europe gathered for the conference. and Europe gathered for the conference. Nearly a third (31.1

Fintech 122

Fintech Conference Survey Management 122

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

PYMNTS

AUGUST 30, 2018

29), CEO Christian Sewing defended his growth efforts at a recent banking conference. It would be “too risky” to allow non-European banks to lead the way of financing and risk management in Europe, Sewing added. bond trading, as well as its operations serving hedge funds.

Leadership 100

Leadership Risk Management Conference Report 100

William Mills

FEBRUARY 28, 2017

The directory even includes some individual vendor user conferences. On the immediate horizon, there are a few upcoming conferences that I’m especially looking forward to. ABA Risk Management Conference , March 26-28 in Indianapolis, Indiana, is a must-attend for risk professionals from banks of all sizes.

Strategy 40

Strategy San Jose Conference Indianapolis 40

PYMNTS

JULY 13, 2018

The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. . However, we have to do manage our other risks, such as compliance and operational risk.” After the investigations began another 1.4

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. Beyond Securities Transactions.

Security 100

Security Risk Management Conference Industry 100

Abrigo

SEPTEMBER 27, 2017

The hundreds of people attending the 2017 Risk Management Summit hosted by Sageworks heard from dozens of thought leaders in the financial services industry. The Sageworks Risk Management Summit is the industry’s leading life-of-loan conference, with topics spanning business development through portfolio risk in a CECL world.

Risk Management 150

Risk Management Management Denver Chicago 150

Abrigo

NOVEMBER 25, 2019

You can’t stop earning because you’re afraid about the credit environment,” Parliment told hundreds of bankers at Abrigo’s 2019 ThinkBIG Conference earlier this year. Technology certainly plays a role in lowering unit costs and managing risk for many lenders. BSA Rules and Regulation. BSA Rules and Regulation.

Analysis 195

Analysis Training Management Industry 195

Insights on Business

FEBRUARY 15, 2018

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Think is the event where the problems of tomorrow meet the minds of today.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

PYMNTS

MARCH 17, 2017

Financial service providers must balance “process complexity with funding and risk management,” the executive said. “In If they don’t, new entrants, legitimized by the revised PSD2 regulation, for example, certainly will.”. For one, he explained, current relationships between corporates and their banks are sub-par.

Fintech 195

Fintech Innovation Lending Management 195

Gonzobanker

MARCH 25, 2016

Ah yes, conference season … that glorious time when executives and board members come back with a honey-do list of big new ideas. The big challenges are culture and risk management. Boards and management teams everywhere struggle with this. “Turn and face the strange. Ch-ch-changes.”. David Bowie. You know it.

Exercises 60

Exercises Innovation Risk Management Conference 60

FICO

JULY 1, 2022

A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City. Director, Product Management at FICO, and included panelists: Julie Conroy , Head of Risk Insights and Advisory at Aite-Novarica Group (US). Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. TJ holds a B.S.

Fraud 52

Fraud Trends South Carolina Risk Management 52

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. With our team of eight members at the conference, we were able to provide comprehensive coverage and distill the ten most essential insights for you.

Conference 195

Conference Payments Fraud Data 195

Jeff For Banks

JUNE 2, 2023

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 78

FDIC Community Bank Regulation Lending 78

PYMNTS

APRIL 18, 2017

Despite a compliance market packed with providers and the investment from companies to ensure they stay on the right side of regulations, instances of money laundering and fraud are still prevalent and not going anywhere any time soon. But is all the money being invested really getting the job done? ”

Compliance 111

Compliance Data Austin Management 111

FICO

MARCH 31, 2016

During this period of Congressional gridlock, much of the activity in Washington DC impacting the financial services industry remains focused on the development and implementation of new regulations. Here’s a very brief overview of what we’ll cover: Stress testing is a key area of emphasis for regulators around the globe.

Compliance 40

Compliance DC Washington Regulation 40

Abrigo

SEPTEMBER 22, 2021

And in any major standard shift like this, the disclosure piece can be significant,” Dobner said during the recent Abrigo ThinkBIG Conference. “In Portfolio Risk & CECL. Portfolio Risk & CECL. 4 Steps for Integrating CECL and Other Risk Management Models. CECL Disclosures. Learn More. Whitepaper.

Security 195

Security Examples National Report 195

FICO

JUNE 30, 2016

The primary goal was to ensure that global systematically important banks (G-SIBS) strengthen their risk data aggregation capabilities and internal risk reporting practices. In doing so, these institutions would enhance their risk management and decision-making processes.

Compliance 45

Compliance Management Data Risk Management 45

PYMNTS

APRIL 6, 2017

While these new ACH offerings are promising to quicken the pace of monetary transactions, the changes are also bringing new rules and regulations that directly impact how banks and other financial players operate. But how to abide by these new practices are not always clear to financial institutions.

Resources 100

Resources Training Payments Regulation 100

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

Boston 100

Boston Fintech Innovation Conference 100

Fintech Labs Insights

MARCH 20, 2017

Following an overview of the ways in which Tinkoff Bank and Kreditech were opening up both access and offering improved products and services across Russia and a range of developing markets, a key question was raised with regards to the ideal role of the regulator.

Regulation 18

Regulation Compliance Risk Management Innovation 18

FICO

APRIL 6, 2017

To build the models in Origination Manager Essentials, our data scientists used AI and machine learning algorithms to discover a better way to segment the scorecards. By contrast, FICO analyzes new data sets along five lines to see if they will add value to credit risk scoring. You can see the video of the LendIt panel session here.

How To 96

How To social media Analytics Examples 96

Gonzobanker

JANUARY 4, 2016

Today, bank executives are struggling to stay current in an industry growing ever-more complex with increased regulation, changing customer expectations and digital disruption. As consultants , we haunt the halls of industry conferences. Threats to the banking business model are coming from new, unanticipated competitors.

San Diego 60

San Diego Phoenix social media Strategy 60

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue. Has it worked?

Fintech 142

Fintech Strategy Leadership Lending 142

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Major consumer loan compliance regulations. Regulation B, implementing the Equal Credit Opportunity Act (ECOA) for fair lending. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

JULY 7, 2022

What Will Auditors and Regulators Expect with CECL Accounting? A panel of CECL accounting experts described how auditors and regulators are viewing various aspects of implementation. . Takeaway 2 Auditors and regulators don't have preconceived expectations about how CECL reserves might change for an institution.

Regulation 195

Regulation Management Video Data 195

Lex Sokolin

JULY 1, 2019

The Money I went to the Risk.net Live conference last week. Every other person had a physics PhD and worked in risk management for large capital markets trading desks. how the interest is generated and whether this is regulated banking activity, we’ll leave for another time. What about you?—?how

Bitcoin 40

Bitcoin System Software blockchain 40

Abrigo

JULY 26, 2021

The Scaled CECL Allowance for Losses Estimator (SCALE) tool was unveiled during an “Ask the Fed” webinar , where regulators described the Excel spreadsheet-based option using estimated loss rates from peers as a “ starting point ” in the calculation. Portfolio Risk & CECL. Portfolio Risk & CECL. Learn more.

Tools 195

Tools Kansas City Kansas Regulation 195

FICO

APRIL 24, 2023

Trust Bank implemented the customer onboarding and risk management capabilities using FICO® Platform , a cloud-based decisioning platform that allows companies to centralize and operationalize advanced analytics at speed to enhance customer experience, for optimal digital onboarding.

Risk Management 52

Risk Management Digital Banking Customer Experience Management 52

Independent Banker

FEBRUARY 24, 2016

Regulators Luncheon*. IB: Community bankers are the world’s best risk managers. How should they balance innovation with their need to manage risk? Linkner: People think it’s either take no risk or innovate. I think taking no risk and not innovating is hugely risky. Roundtable Discussions.

Community Bank 70

Community Bank Community Innovation Customer Experience 70