Abrigo

DECEMBER 14, 2023

Learn how to tap your data to generate management insights. The following steps can help narrow it down and focus your goals: Send out a simple, future-oriented survey to the board and executive management (read on for sample questions) to determine strengths, weaknesses, opportunities, and threats to your financial institution.

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

AUGUST 22, 2022

Emerging Check Fraud Trends to be Aware of It seems check fraud will never go away, it just changes its approach every opportunity. You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." Check Fraud. Still the number one type of fraud in banking.

Fraud 195

Fraud Trends Survey Technology 195

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. You might also like this on-demand webinar, "Identifying emerging CRE risks." Explore Abrigo Connect.

Report 195

Report Lending Trends Data 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

MARCH 20, 2020

FinTechs continue to push the envelope to see how far open banking frameworks can go in improving the SMB banking experience, and increasingly, SMB lending is shifting to the center of these collaborative efforts. For lenders, unlocking data also means strengthened fraud mitigation. In the U.K., ” The U.S.’s

Lending 233

Lending Data User Experience Fraud 233

Abrigo

MAY 19, 2023

They should be knowledgeable of both sound lending practices and their own institution’s specific lending guidelines. In addition, they should be familiar with pertinent laws and regulations affecting credit and lending activities. But what if the minimum expectations are set so high that it discourages wannabe loan reviewers?

Training 195

Training Lending Risk Management Guidelines 195

American Banker

DECEMBER 6, 2023

The OCC advises banks to implement robust risk management strategies for BNPL lending, emphasizing transparent loan terms, fraud mitigation and compliance with consumer protection laws.

Management 36

Management Risk Management Compliance Lending 36

Abrigo

MAY 10, 2021

Takeaway 2 Process management features of a loan origination system help manage the workflow, from analysis through closing. A loan origination system (LOS) should perform several basic functions to automate and manage the end-to-end steps in the commercial loan process. LOS process management features.

System 195

System Lending Analysis Software 195

FICO

DECEMBER 1, 2020

I’m delighted to announce that FICO has been named as the Category Leader for Financial Crime - Enterprise Fraud in the recently published 2021 Chartis RiskTech 100. Additionally, FICO was recognized as one of the top six overall risk management technology vendors and won Category Leader for AI Applications. by Doug Clare.

Fraud 59

Fraud Risk Management Analytics Management 59

Abrigo

DECEMBER 5, 2023

Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer. BSA Officers must be able to identify risks and potential compliance issues to ensure a robust AML compliance program.

Training 221

Training Compliance Regulation Software 221

Abrigo

OCTOBER 15, 2020

Key Takeaways Economic relief payments are often subject to fraud – PPP is no exception. BSA Officers should be aware of PPP red flags to identify potential fraud. Economic relief payments are often subject to fraud, and the Paycheck Protection Program (PPP) is no exception. Other PPP Fraud Indicators. SBA Lending.

Fraud 150

Fraud Lending Los Angeles Taxes 150

Independent Banker

JANUARY 31, 2022

A recent report by Cornerstone Advisors found that bankers are either strongly interested in or already working with fintechs in three main areas: digital account opening (71%), mobile wallets (41%) and fraud/risk management (47%). Fraud and risk management. Digital account opening.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Alkami partnered with Clinc for conversational AI, Atomic for direct deposit switching and FINBOA for payment dispute management. Credit union lending platform Clutch partnered with Zest.ai for automated underwriting.

Fintech 103

Fintech Software Illinois Lending 103

CFPB Monitor

SEPTEMBER 8, 2022

Although bank lending partnerships with fintechs continue to receive OCC attention, recent remarks by OCC officials indicate that OCC scrutiny is now also directed at partnerships outside of the lending arena. This approach is expected to enable a clearer focus by the OCC on risks and risk management expectations.

Fintech 146

Fintech Risk Management Conference Lending 146

Abrigo

DECEMBER 17, 2019

The expected outcome of greater inventory at a lower cost, as we have seen in prior years, is an increase in fraud activity and cyberattacks heading into the end of the calendar year. One of the most important links in the chain of e-commerce fraud is the “mule”. Fraud Prevention. Fraud Trends. Fraud Prevention.

Fraud 307

Fraud Tools social media Cards 307

The Paypers

JUNE 4, 2021

ENACOMM has selected REDi Enterprise Development , a risk management software provider, to integrate its lending, compliance, and fraud prevention solutions to ENACOMM’s omnichannel offerings.

Fraud 46

Fraud Risk Management Compliance Lending 46

Abrigo

DECEMBER 2, 2021

Using information from the core deposit study, bank or credit union management better understands depositor behavior and has critical information to develop pricing strategies and manage funding costs. You can also incorporate the results into the asset/liability management model and develop stress testing scenarios down the road.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 259

Lending Community San Antonio Survey 259

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Operational risks transcend all departments of a bank.

Risk Management 40

Risk Management Management Operations Meeting 40

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Abrigo

SEPTEMBER 2, 2020

The PPP might have been the first time many community financial institutions saw such clear returns on digitization investments, but the same automation and efficiency gains can be found in other end-to-end lending solutions. Community financial institutions' experience with PPP technology also translates to other areas of lending.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

NOVEMBER 15, 2019

Key Takeaways Effective credit risk review promotes lending agility. Many of the objectives of a credit risk review system support business goals. Effective credit risk review promotes lending agility. However, many community financial institutions derive a significant portion of income from lending.

System 150

System Lending Compliance Risk Management 150

FICO

MAY 5, 2022

How can transaction analytics deliver a major competitive advantage in lending? Transaction data can help increase the speed and accuracy of lending for banks. Secondly, its use from a practical level has become much easier to manage and leverage for insights. How FICO Platform Can Help You Achieve Greater Returns from Lending.

Analytics 52

Analytics Lending Conference Data 52

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". Lending & Credit Risk.

Community 195

Community Lending Maine Resources 195

FICO

NOVEMBER 21, 2022

Financial Crime – Enterprise Fraud. Innovation – AI and Decision Management Platform (*New category win for FICO). FICO is honored to be recognized for excellence in risk management and compliance and would like to congratulate all the winners for their best-in-class contributions across the risk management space.

Report 52

Report Risk Management Compliance Analytics 52

BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. Ian Dunn, general manager of portfolio analytics for digital lending solution nCino, will share his […].

Security 98

Security Compliance Analytics Lending 98

CFPB Monitor

APRIL 1, 2021

fraud detection and financial crime monitoring). Augmenting risk management and control practices. The agencies observe that the potential risks associated with using AI are not unique to AI, such as creating operational vulnerabilities and consumer protection risks (fair lending, UDAAP, privacy).

Risk Management 78

Risk Management Training Lending FDIC 78

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Here are some ideas for strengthening fraud defenses. Fraud and cybercrimes continue to increase, causing challenges for community banks. Fraud-fighting recommendations. Illustration by Cnythzl/iStock. By William Atkinson.

Community Bank 134

Community Bank Community Fraud Texas 134

Abrigo

SEPTEMBER 11, 2023

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

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. million in funding it just raised to continue growing in the fraud and risk management industry.

Fraud 115

Fraud Capital New York City Lending 115

Gonzobanker

JUNE 14, 2023

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. The BaaS industry is in hot water.

Compliance 109

Compliance FDIC Strategy Fintech 109

Gonzobanker

APRIL 23, 2020

If the institution is using this service in the AML and fraud departments, it might be wise to open these searches to loan officers managing their portfolios. Because time is of the essence and the potential risks so high, executives should not hesitate to mobilize a team that includes outside credit and data analytics resources.

Management 80

Management Tampa Analytics Data 80

Abrigo

DECEMBER 30, 2019

This is a must-have risk management concept. Enforcement actions can lead to cease and desist of any mergers or acquisitions, new branches, and in some cases no lending or other growth avenues. These actions are public, so the reputational and strategic risks are real. Fraud Prevention. Fraud Trends.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

DECEMBER 7, 2021

Inherent risk is any activity or factor posed to the financial institution, notwithstanding applying any management or risk mitigation tools. After adjusting the inherent risk for the institution’s risk management controls, residual risk represents the bank or credit union’s current risk.

How To 195

How To Fraud Analysis Compliance 195

FICO

NOVEMBER 23, 2021

FICO has announced its panel of independent judges for the 2022 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. He has an MBA from the Indian Institute of Management.

Meeting 52

Meeting Analytics Risk Management Management 52