Perficient

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. More recently, the OCC identified change management as one of its supervision priorities for the year ahead.

Management 195

Management Lending Risk Management Strategy 195

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws.

Risk Management 40

Risk Management Management Security Guidelines 40

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements. This blog will examine credit review in more detail. well, I have others.”

System 195

System Lending Risk Management Management 195

Perficient

MARCH 23, 2021

2052A Regulatory Calculations are available from Oracle FS Liquidity Risk Management. 2052a validation checks are provided in the Oracle FSA-Lombard Risk Integration Pack. Automated tools include the following. The system includes U.S.

Report 294

Report Tools Risk Management Data 294

PYMNTS

JANUARY 18, 2021

Incidentally, there is no one-size-fits-all solution to tackling these risks, as one firm’s best practices may not be as effective for another’s operations. Each company’s risk management approach must therefore be tailored to its specific business needs.

Analytics 319

Analytics Data Risk Management Management 319

Abrigo

JUNE 3, 2021

Takeaway 2 While crypto crime fell in 2020, there are many risks financial institutions must be aware of. Takeaway 3 To fight cryptocurrency-related risks and mitigate losses, be vigilant and stay on top of fraud trends. By Hannakah Rubin, Risk Management Consultant at Abrigo. Download the BSA Examination Checklist.

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

Abrigo

APRIL 25, 2024

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. You might also like this guide for smarter, faster small business lending. 1 appeared first on Abrigo.

Lending 221

Lending Trends Capital Strategy 221

Insights on Business

JULY 17, 2019

Instead of completing complex questionnaires and risk assessments, the 1LoD can use AI-driven risk processes and data to support more risk-aware, competitive actions and decisions in the marketplace. To find about IBM tools to succeed in a rapidly-evolving regulatory environment, visit RegTech.com.

User Experience 79

User Experience Tools Survey Risk Management 79

Abrigo

SEPTEMBER 7, 2023

Learn strong approaches to identifying, evaluating, and reporting suspicious activity in this BSA Guidebook Download now Takeaway 1 A credit union was recently found liable for fraudulent ACH transactions totaling $559,000. Learn about the benefits and logistics in this whitepaper.

Fraud 221

Fraud Training System Trends 221

Abrigo

OCTOBER 21, 2020

To see more details on these loss rates, download our report here or contact info@trepp.com. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Portfolio Risk & CECL. From CRE to Corporate Culture – BIG Ideas from 2020 ThinkBIG: Manage Risk.

Marketing 312

Marketing Lending Risk Management Retail 312

Abrigo

DECEMBER 7, 2021

DOWNLOAD Now. Credit Risk Management. Lending & Credit Risk. Risk Ratings. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Regardless of how the loan review function is organized, it’s paramount that the loan review function is independent. Learn More.

Risk Management 195

Risk Management Lending Survey Report 195

Abrigo

SEPTEMBER 11, 2023

DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when. Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences.

Risk Management 195

Risk Management Data Technology Fintech 195

Abrigo

AUGUST 24, 2023

Read about four areas likely to receive examiner atttention in upcoming exams keep me informed Download We can help you navigate changing interest rate environments. Abrigo's asset/liability management software helps you make better strategic decisions. This trend bodes well for both the economy and the banking sector.

Strategy 195

Strategy Risk Management Lending Management 195

Abrigo

APRIL 7, 2023

DOWNLOAD Takeaway 1 Loan review automation can help reduce or eliminate common efficiency problems that financial institutions face. Making a case for greater efficiency Loan review automation eliminates manual processes, saving time and reducing human error. Here's what to say when presenting a case for software at your institution.

Software 195

Software Lending System Risk Management 195

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. You might also like "Leading a Successful Software Implementation" DOWNLOAD whitepaper. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Learn More.

System 195

System Lending Analysis Software 195

Abrigo

SEPTEMBER 28, 2022

Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Managing construction loans effectively. Lending & Credit Risk.

Lending 195

Lending Software Risk Management Management 195

Abrigo

JANUARY 18, 2017

In a recent whitepaper , Rob Ashbaugh, a senior risk management consultant at Sageworks, walks through CRE loan origination best practices, how to build a competitive and profitable CRE portfolio, and how to best manage risk in a CRE portfolio.

Lending 150

Lending Risk Management Management Compliance 150

Abrigo

MARCH 23, 2016

3, asked bank and credit union employees with roles in executive management, lending, credit risk management and accounting to answer the following question: “How would you characterize the volume of commercial loans your institution plans to make in 2016 as compared to 2015?” The survey, which was conducted between Jan.

Software 150

Software Risk Management Lending Survey 150

PYMNTS

OCTOBER 2, 2017

While finance organizations tend to have more sophisticated vendor risk management programs, there is a lot of work to be done to close the performance gap between their own organizations and their immediate business ecosystem,” explained BitSight Co-Founder and CEO Stephen Boyer in a statement announcing the research.

Risk Management 129

Risk Management Security System Software 129

Abrigo

NOVEMBER 5, 2015

At the Risk Management Summit hosted by Sageworks recently, Judy said credit risk managers should understand and emphasize to their lending staff three key credit concepts in order to best protect against future losses. In today’s world, with the focus on growth, I think too many bankers lose sight of that.”

Management 150

Management Risk Management Lending Training 150

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

How To 245

How To Management Report Strategy 245

Abrigo

NOVEMBER 8, 2015

Whether it’s part of a CECL preparedness conversation or part of a more proactive approach to risk management under existing regulatory expectations, the topic of “loan-level data” has repeatedly come up since the 2012 proposal from the FASB. Better portfolio reporting to understand risk.

Management 150

Management Data Risk Management Resources 150

Abrigo

MARCH 21, 2024

Adopt a straightforward format for post-CECL fair value disclosures and valuations with this whitepaper.

Lending 221

Lending Analysis Exercises Risk Management 221

Abrigo

DECEMBER 17, 2021

DOWNLOAD WHITEPAPER . For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Download Guide. Lending & Credit Risk. Portfolio Risk & CECL. Lending & Credit Risk. Credit Risk Management.

Fintech 195

Fintech How To Innovation System 195

Abrigo

MARCH 6, 2015

While federal regulators only require this small number of banks to be subject to these particular stress tests, as outlined in the Dodd-Frank Act following the economic crisis of 2008, stress testing is becoming a critical part of financial institutions’ risk management strategies, regardless of their asset sizes.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

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 29, 2023

This loan policy guide provides standard practices for building an effective loan policy and was one of Abrigo’s most downloaded resources on lending and credit. Another helpful loan policy resource is this on-demand webinar, “ Fortify your loan policy to effectively manage credit risk.”

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

JUNE 28, 2023

You might also be interested in this AML/CFT risk assessment checklist. DOWNLOAD Takeaway 1 Board members have a responsibility to maintain a safe and sound financial institution, and they rely on the BSA Officer's reports to help. Here are several types of reports that provide vital information. Top of the funnel CTA.

Compliance 195

Compliance Fraud Report Trends 195

PYMNTS

MARCH 6, 2019

The two partnered to enable MCCCU member access to EncoreFX’s FinTech platform and risk management strategy solutions. To read the full Deep Dive, download the Tracker. To read the full story, download the Tracker. How PenFed Kept Financial Doors Open During the Government Shutdown. About the Tracker.

Fraud 134

Fraud Security Resources Florida 134

Abrigo

JUNE 7, 2021

Liquidity risk management and ALM. Liquidity risk management has taken on a completely different perspective over the last 18 months. A key benefit of dynamic asset/liability management is that it allows banks or credit unions to pivot when unexpected conditions arise and warrant a shift. Dynamic ALM Helps.

Management 195

Management Risk Management Capital Regulation 195

Abrigo

AUGUST 8, 2021

As regulators described “practices generally considered consistent with safety-and-soundness standards,” they revised loan review guidance to reflect the broader importance of credit review to risk management. Learn more: Develop or enhance your risk rating system. Download a whitepaper. Lending & Credit Risk.

System 195

System Lending Policies Regulation 195

PYMNTS

MAY 27, 2020

That includes catching when data stolen via one banking channel is being used to enable ATOs in other channels, according to Daniel Cohen, head of anti-fraud products and strategy at risk management solutions provider RSA. To find more about these and the rest of the latest headlines, download the Playbook.

Fraud 245

Fraud How To Analysis Strategy 245

CB Insights

JUNE 30, 2022

Tech solutions are not only helping insurers react to claims more quickly and accurately but also act more proactively in providing risk management services to their customers. Download the insurtech 50 list. First name. Company name. Phone number.

Technology 36

Technology Risk Management Data Management 36

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Fintech 107

Fintech Risk Management Big Data Management 107

PYMNTS

NOVEMBER 22, 2016

Digital risk management company RiskIQ released its Black Friday eCommerce Blacklist , which identified that one in 10 Black Friday-specific apps out of the 5,315 total that can be found searching “Black Friday” in global app stores is malicious.

Mobile 100

Mobile Branding Risk Management Study 100

FICO

MARCH 5, 2021

Look no further than the recently published Chartis Financial Crime Risk Management Systems: Enterprise Fraud Market Update and Vendor Landscape , 2021, where FICO was named as the top enterprise fraud Category Leader. by TJ Horan.

Fraud 52

Fraud How To Risk Management Management 52