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Model Risk Management: Regulatory Priorities and Best Practices

Abrigo

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

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Developing leaders in mortgage lending – Navigating uncertainty with leadership strategies

Independent Banker

The question is whether financial institutions will feel the positive impact of the current indicators or if uncertainty and volatility in the mortgage market will prevail. Download Finastra’s white paper Developing leaders in mortgage lending – Navigating an uncertain market with strong leadership strategies. While the U.S.

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Default By Top India Non-Bank Lender Rattles Market

PYMNTS

Reports in Bloomberg said Infrastructure Leasing & Financial Services (IL&FS) Group, a top financier of infrastructure projects, now faces a special audit from the Reserve Bank of India (RBI) after an August default shook the markets. Now, government regulators are examining the credit-rating market, too.

Marketing 108
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Press Release: BankBazaar Marks Third Year of Growth; Hits Rs. 215 Crore Revenue

BankBazaar

Strong bank partnerships have significantly bolstered BankBazaar’s position in the market. “ Our journey has been significantly strengthened by our existing partnerships, which have helped us consolidate our position in the market. 50 crore in two independent debt financing rounds led by Tata Capital and Nuvama Asset Management.

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Adobe Takes A Whack At Salesforce With $4.75B Marketo Buy

PYMNTS

Adobe announced it has entered into a definitive agreement to acquire software company Marketo for $4.75 With nearly 5,000 customers, Marketo combines planning, engagement and measurement capabilities into an integrated B2B marketing platform. In May, it entered into a definitive agreement to acquire Magento Commerce for $1.68

CA 143
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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business. Pretty soon the shareholders will begin forcing this blunt question.

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Aussie Accountants Brace For Industry Disruption

PYMNTS

Reports in Money Management on Thursday (March 15) said the IPA’s Vice President, Sam Zervides, issued a statement encouraging accountants to collaborate and explore value-added services, particularly for small businesses (SMBs).

Industry 133