PYMNTS

AUGUST 13, 2019

Brexit-related volatility and the subsequent fluctuation of the pound has some businesses realizing they are no longer able to put off establishing an FX risk management strategy. At the same time, however, these events also raise awareness as to the importance of currency risk management and hedging strategies.

Strategy 181

Strategy Risk Management Management Tools 181

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

Abrigo

JULY 27, 2023

External crises: Unforeseen events can disrupt regulatory oversight, highlighting the need for resilient regtech systems to ensure continuous compliance. As you begin the process of assessing your organization’s needs, here are three things to keep in mind: Identify where silos around legacy risk management policies exist in your bank.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

External crises: Unforeseen events can disrupt regulatory oversight, highlighting the need for resilient regtech systems to ensure continuous compliance. As you begin the process of assessing your organization’s needs, here are three things to keep in mind: Identify where silos around legacy risk management policies exist in your bank.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

DECEMBER 5, 2018

T-Mobile executives had to allocate time and resources to protecting the brand. ” The case highlighted the threat of third-party cyber events, which are rising in frequency, according to the Ponemon Institute. . “They manage credit risk and liquidity risk, and more traditional third-party risk verticals,” he said.

Security 192

Security Fintech Risk Management Strategy 192

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. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.”

Conference 195

Conference Payments Fraud Data 195

PYMNTS

MAY 22, 2019

Moody’s Corporation is partnering with the Foundation for Small Business Development (FFSBD) to connect small businesses with cash flow forecasting solutions and other financial resources. Small business clients of the SBDC can be connected to a six-month subscription of CashFlowTool to manage and forecast cash flows.

Resources 100

Resources Analytics Risk Management Community 100

Abrigo

NOVEMBER 17, 2023

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. Regulatory risk Regulatory risk is yet another significant concern.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

SEPTEMBER 10, 2021

T he events that unfolded in that bright blue sky on September 11, 2001 will stay with Americans forever. The importantance of the BSA tole came to be paramount to the entrie risk management program and included as part of the federal safety and soundness examinations. Never Forget. The day that changed the world.

Training 195

Training Risk Management Pennsylvania Resources 195

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. We have webinars , whitepapers , and other resources to make your job easier. Banking Resources. BankTalk 3.

Community 195

Community Lending Maine Resources 195

Abrigo

SEPTEMBER 16, 2019

This is not a new philosophy and has long been stated in the FFIEC Exam Manual but the Statement refocuses the Agencies to use more resources where there is higher risk among the financial institutions and fewer resources for the lower-risk institutions. This means that exam scoping for each institution will vary.

Resources 150

Resources Regulation Software Risk Management 150

Abrigo

AUGUST 4, 2016

Too many of us underutilize the technology we have available because our days are filled with “putting out fires” rather than discovering ways to make the most of these current resources. Sign up for it as part of your registration for the 2016 Risk Management Summit and avoid late registration fees by signing up for the Summit by Aug.

Conference 150

Conference Groups Training Risk Management 150

Abrigo

JUNE 28, 2023

It also provides justification for more resources when needed. Share those types of events as well. Use the opportunity wisely by planning ahead, utilizing resources, and building relationships with the board every chance you get. Include metrics around the number of alerts/cases/SARs generated, worked, and filed or closed.

Compliance 195

Compliance Fraud Report Trends 195

PYMNTS

DECEMBER 6, 2018

He stated, too, that currency risk management is often not a priority for many SMBs on a day-to-day basis. Breaking down risk management decisions and transactions into smaller, more regular events makes the process easier and greatly reduces the risk of ‘buyers’ remorse,’” said Ali.

Risk Management 133

Risk Management Course Management Retail 133

Insights on Business

DECEMBER 17, 2018

These challenges are further compounded by the growing complexity, pace and volume of risk related events bombarding organizations. OpenPages 8: Elevating risk management efficiency, access, and orchestration. Organizations are rethinking their overall GRC mode.

Compliance 121

Compliance Resources System Risk Management 121

PYMNTS

SEPTEMBER 29, 2017

Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. Risk management, he continued, isn’t just about responding to threats. It involves ongoing, active monitoring of markets and events, and responding as quickly as possible.

Fintech 141

Fintech Risk Management Compliance Management 141

FICO

DECEMBER 8, 2022

Properly managed and strategized, the debt collections process can be an effective customer service asset and anti-attrition tool, in addition to being its classic role in portfolio risk management. Financial impairment resulting from unanticipated events is often temporary.

Risk Management 52

Risk Management Comparison Strategy Management 52

PYMNTS

MAY 19, 2016

The procurement of raw materials can expose an organization to some serious market volatility, the risk management software firm said, and much of the solutions these firms are using to mitigate risk, like ERP solutions, don’t quite make the grade when covering a business’ exposure to commodity trade risk.

Management 101

Management Risk Management System Marketing 101

PYMNTS

JUNE 15, 2018

The simulation technology enables the automated recognition of a significant event in quantitative analysis, enabling entities to simulate more complex scenarios. He added that Simudyne is working with Barclays’ Center of Excellence to explore additional functionalities of the risk management technology.

Analysis 100

Analysis Fraud Risk Management Training 100

Abrigo

APRIL 9, 2015

Top down stress testing can uncover concentration and/or portfolio-wide risks – something that isn’t immediately apparent when analyzing individual loans or even groups of loans. If bankers know where vulnerabilities exist, they can use stress test results to allocate capital and make more effective risk management decisions.

Data 150

Data Risk Management Capital Regional 150

PYMNTS

MARCH 12, 2018

The company just launched its Data Breach Readiness solution designed specifically for small- and medium-sized businesses, which often don’t have the resources to invest in both fraud prevention and mitigation solutions. According to Thompson, employee education is “the best solution for preventing a data breach.”.

Fraud 135

Fraud Resources Survey Data 135

FICO

JUNE 16, 2023

The full Forrester presentation can be found at the FICO Resource Center. Presented by Matt Norton (FICO) and Amir Sikander (FICO), this session revealed why many firms need to reevaluate their customer experience management and digital transformation strategies now by learning how to work smarter to succeed in this shifting landscape.

Trends 52

Trends Management Customer Experience Resources 52

PYMNTS

OCTOBER 29, 2020

Compounding the issue is that when a disastrous event occurs, such as a data breach, these organizations are also less capable of rebounding. The pandemic has exacerbated this crossover of risks, too. "We Evans noted that much of the time, organizations are forced to manually analyze risk profiles through models that lack consistency.

Resources 142

Resources Management Analysis Survey 142

Abrigo

SEPTEMBER 2, 2016

Various professional associations for valuation specialists recommend updating engagement letters on a regular basis, and the AICPA suggests seeking the advice of a lawyer or risk management advisor periodically. Describe terms that would apply to the client and valuation specialist in the event of a dispute regarding the work.

Risk Management 150

Risk Management Video Analysis Resources 150

Abrigo

JUNE 13, 2019

They just don’t,” says Rob Ashbaugh, Abrigo Executive Risk Management Consultant. They announced a three-year agreement to promote SBA programs to credit unions through webinars and training events. The agencies are looking for ways to help credit unions better understand and make use of the SBA-backed loans and resources.

Lending 150

Lending Resources Survey Risk Management 150

FICO

APRIL 19, 2021

To share what we’ve learned about the financial crimes compliance risks associated with crypto, I am delighted to announce an exciting session at FICO’s upcoming Virtual Event, “Success Realized: Digital Transformation Delivered,” which runs April 26-30. Registration for the FICO Virtual Event is free. Sign up today!

cryptocurrency 52

cryptocurrency Bitcoin Compliance Resources 52

Tomorrow's Transactions

JUNE 9, 2020

2020 has been dominated by the COVID-19 pandemic threatening our way of life, challenging our resourcefulness and resilience, on a global scale not experienced since the World War ended 75 years ago. Resilience describes the ability to adapt and recover from disruptive trends or adverse events, like those caused by COVID-19 or a cyber attack.

Resources 82

Resources Risk Management Operations Regulation 82

Insights on Business

FEBRUARY 14, 2019

It was pointed out that the solution was deployed within days and has enabled ease of information collection, control testing and IT risk measurement through a new streamlined self-assessment solution.

Compliance 125

Compliance Risk Management Case Study Meeting 125

Insights on Business

SEPTEMBER 26, 2019

Organizational confidence is driven by many factors such as data accuracy, transparency of operational risks, connecting those risk to processes and ensuring the right people are engaged in thoughtful risk management. Transparency – Designed for single view of risk across all domains for all users.

Compliance 127

Compliance Examples Policies Management 127

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. if necessary?

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

JULY 24, 2019

s Conservative Party leadership contest is only the latest geopolitical event sparking concerns among analysts over foreign exchange (FX) markets — and corporates’ ability to react to those changes. The victory of Boris Johnson in the U.K.’s

Policies 143

Policies Survey Capital Marketing 143

Cisco

OCTOBER 4, 2022

The booklet carves out responsibilities for different roles within an organization, from board and senior manager responsibilities, to chief architect and operations management responsibilities. Some of these roles include: Board and Senior Management – responsibilities include strategic planning, and enterprise risk management.

Operations 118

Operations Software Risk Management Management 118

Alex Jimenez

NOVEMBER 4, 2023

Risk Management and Fraud Prevention: The continued increase in fraud and the growth of real-time payments drove many discussions about how to improve risk management. That said, my favorite part of an event like Money 20/20 is the chance to meet face-to-face with industry friends.

Conference 84

Conference Meeting Trends Fintech 84

Independent Banker

MAY 31, 2022

“We have absolutely seen a rise in fraud of all types in recent months and years,” says Scottie Luke, senior vice president and chief risk officer for the community bank’s risk management department. The fraudsters are more knowledgeable of the processes, and, therefore, their schemes are harder to detect. How ICBA can help.

Community Bank 134

Community Bank Community Fraud Texas 134

FICO

MAY 19, 2023

As a result, the Prosper Card has offered people access to affordable credit when they need it, including after challenging life events such as job loss, bankruptcy, and divorce, as well as financial tools and resources to help them get back and stay on track,” said Kimball.

United States 52

United States Lending social media Tools 52

CFPB Monitor

AUGUST 23, 2022

The FDIC insures deposits held in insured banks and savings associations in the event of their failure; it does not insure assets issued by non-bank entities, such as crypto companies. The fact sheet includes links to consumer resources and clarification as to products and risks covered – and not covered – by deposit insurance. .

FDIC 78

FDIC social media cryptocurrency US 78

Insights on Business

SEPTEMBER 26, 2019

Organizational confidence is driven by many factors such as data accuracy, transparency of operational risks, connecting those risk to processes and ensuring the right people are engaged in thoughtful risk management. Transparency – Designed for single view of risk across all domains for all users.

Compliance 87

Compliance Examples Policies Management 87