Abrigo

OCTOBER 16, 2023

Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions. De spite their unique structures and community-oriented principles, credit unions are not immune to the threats of money laundering , fraud, and associated illicit activities.

Training 221

Training Compliance Fraud Policies 221

Abrigo

OCTOBER 16, 2023

Watch webinar Takeaway 1 Recent FinCEN consent orders show that weak compliance programs are coming under more scrutiny, especially at gap institutions. De spite their unique structures and community-oriented principles, credit unions are not immune to the threats of money laundering , fraud, and associated illicit activities.

Training 195

Training Compliance Fraud Policies 195

PYMNTS

APRIL 8, 2020

financial institutions as they scrambled to apply for Paycheck Protection Program (PPP) loans under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Marketplace lending company Funding Circle announced the debut of its pre-application service for small businesses interested in obtaining an SBA loan under the PPP.

Lending 245

Lending Fintech America Technology 245

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

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

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? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

MAY 20, 2020

FinCEN reminds financial institutions that “detecting, preventing, and reporting COVID-19 scams and illicit activity is critical to our national security.” Adding this advisory to written fraud monitoring procedures will enhance your program and demonstrate that your financial institution is on top of current trends. SBA Lending.

Lending 195

Lending Fraud Training Report 195

Abrigo

JUNE 12, 2020

Key Takeaways The soon-to-begin Main Street Lending Program (MSLP) aims to fulfill a need for mid-sized businesses to access relief funds amid the coronavirus pandemic. If a business secured a PPP loan, it is still eligible to apply for an MSLP loan; however, MSLP loans are not forgivable. Fraud Prevention. learn more.

Maine 195

Maine Lending Regulation Resources 195

PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

CFPB Monitor

FEBRUARY 8, 2021

For our webinar last week, “The Times at the CFPB are A-Changing: Perspectives on the CFPB Under Acting Director Uejio and Director Chopra,” we were joined by special guest former CFPB Director Richard Cordray. The webinar looked at the changes that the CFPB is likely to undergo under the leadership of Messrs.

Leadership 78

Leadership Lending Groups Policies 78

Abrigo

MAY 10, 2021

Knowing these elements of an LOS and an LOS vendor is critical for senior financial institution executives either shopping for an LOS for the first time or considering an improvement to their bank or credit union’s current business lending process. Lending process management is key to timely decisions. Workflow & Analysis.

System 195

System Lending Analysis Software 195

Abrigo

AUGUST 18, 2020

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Be aware of emerging fraud schemes. Any time there is a large-scale , global issue, you can expect to see a rise in fraud, and COVID-19 is no different.

Fraud 195

Fraud Lending Trends Compliance 195

Abrigo

AUGUST 18, 2020

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Be aware of emerging fraud schemes. Any time there is a large-scale , global issue, you can expect to see a rise in fraud, and COVID-19 is no different.

Fraud 195

Fraud Trends Compliance Technology 195

Abrigo

MAY 24, 2023

Bipartisan support The SAFE Banking Act's long road to the Senate Many in the AML/CFT community have been watching the unfolding of the Secure and Fair Enforcement (SAFE) Banking Act for some time now with no significant progress.

Lending 195

Lending Fraud Operations Ohio 195

Abrigo

SEPTEMBER 11, 2023

You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles." The utilization of generative AI has sparked legitimate concerns about data security. 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

Abrigo

JUNE 5, 2023

You might also like this webinar: "Identifying emerging CRE credit risk red flags" WATCH Takeaway 1 Financial institutions face increased scrutiny over their risk management following recent bank failures. The sale depleted its capital because SVB was in a large unrealized loss situation on its held-to-maturity investment securities.

Report 195

Report Risk Management Capital Data 195

Abrigo

JANUARY 17, 2024

You might like this upcoming webinar, " Unveiling human trafficking: Perspectives, realities, and strategies." The Texas Advocacy Project provides legal services and financial literacy courses for victims who need help achieving financial security. Know the red flags to watch for. and worldwide.

Training 259

Training Community Software Texas 259

Abrigo

APRIL 7, 2022

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." A poll of Abrigo’s recent mergers and acquisitions webinar audience found 35% in the process of acquiring and 41% considering merger and acquisition activity in the near future. Due to their many benefits, mergers and acquisitions are on the rise.

Compliance 195

Compliance Policies Fraud Analysis 195

Abrigo

MAY 5, 2022

We have webinars , whitepapers , and other resources to make your job easier. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.” Lending & Credit Risk. Fraud Prevention. Lending & Credit Risk. keep me informed.

Community 195

Community Lending Maine Resources 195

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. That comes through in some of the data shared during this PYMNTS webinar.

Retail 137

Retail Millennials New York City social media 137

Abrigo

MARCH 21, 2023

The blue line shows the effective funds rate, or the average rate at which institutions are actually lending and borrowing funds from one another. As mentioned earlier, the best strategy to prepare for an oncoming rising rate environment is to secure and lock in funding before there is “blood in the water.” billion – a 39.7%

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

FEBRUARY 8, 2022

NBFIs are broadly defined as institutions other than banks or credit unions that offer financial services, such as money services businesses, casinos and card clubs, trust companies, securities and commodities, firms, and insurance companies. Watch Webinar. Consent Orders More Common. keep me informed.

Compliance 195

Compliance Training Regulation Fraud 195

FICO

FEBRUARY 1, 2017

Funnily enough, this scene parallels the problems discussed at a FICO roundtable on ‘How to Fight Auto Loan Fraud’ held this week at the AFSA Vehicle Finance Conference & Expo. The misuse of SSNs from children and the elderly was also seen as a growing loophole for fraud and abuse.

Fraud 40

Fraud Analytics social media Data 40

FICO

FEBRUARY 1, 2017

Funnily enough, this scene parallels the problems discussed at a FICO roundtable on ‘How to Fight Auto Loan Fraud’ held this week at the AFSA Vehicle Finance Conference & Expo. The misuse of SSNs from children and the elderly was also seen as a growing loophole for fraud and abuse.

Fraud 40

Fraud Analytics social media Data 40

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. You might also like this webinar, "Consumer Lending 101.". Consumer lending compliance spotlight. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Many financial institutions have been using artificial intelligence (AI) for years, particularly in supporting cybersecurity and anti-fraud efforts. How banks and credit unions use genAI today Short supporting copy.

Examples 221

Examples Fraud Resources Risk Management 221

Abrigo

JUNE 12, 2023

You might also like this webinar, " AML Compliance and Sanctions Requirements for Non-Bank Financial Institutions. In today's interconnected world, efficient and secure money movement is crucial for individuals and businesses alike. WATCH NOW Takeaway 1 The number of money transmitters grew by 13% in 2021 in the U.S.

Compliance 195

Compliance Fraud Regulation Guidelines 195

Fintech Labs Insights

JULY 31, 2015

SocietyOne hires former Lending Club executive as its new Chief Marketing Officer. Pindrop Security releases new version of Fraud Detection System to more effectively ID and predict fraudulent activity. Yodlee hosts webinar on how to build financial apps to meet rapidly evolving customer expectations.

Lending 12

Lending Fraud Meeting Security 12

Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. Conclusion Other supervisory priorities The NCUA has many non-credit risk priorities.

Risk Management 195

Risk Management Policies Capital Maine 195

Abrigo

JUNE 15, 2023

national security and the integrity of the U.S. By staying vigilant, raising awareness, and adopting a proactive approach, financial institutions can create a more transparent and secure real estate environment that safeguards against money laundering and upholds the integrity of the global financial system. financial system.”

Training 195

Training Regulation Compliance System 195

South State Correspondent

OCTOBER 4, 2023

Having to pay near SOFR rates will give you a false sense of security, cost you more in the long run, and slowly erode franchise value. You can’t get ten triple-digit project ROIs in a row in lending, credit, mortgage, wealth, insurance, or several other areas. Proper deposit gathering is about doing a lot of little things right.

Marketing 195

Marketing Taxes Training Management 195

Abrigo

FEBRUARY 22, 2021

“While the Biden-Harris administration has directed significantly more relief to these smallest businesses in this round of PPP than in the prior round, these businesses often struggle more than larger businesses to collect the necessary paperwork and secure relief from a lender,” the White House said in announcing the changes to the PPP.

Lending 195

Lending Fraud Compliance Guidelines 195

CFPB Monitor

MAY 13, 2020

For our webinar last Thursday, “Consumer Protection: What’s Happening at the FTC,” we were joined by special guest speakers Andrew Smith, Director of the FTC’s Bureau of Consumer Protection, and Malini Mithal, Associate Director of the FTC’s Division of Financial Practices. Small business lending. Data security.

Data 78

Data Security Company Payments 78

Gonzobanker

DECEMBER 22, 2015

In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. FFIEC’s Cyber Security Self-Assessment Tool. “We teach you to make sure you use our system in a manner that doesn’t open any security loopholes.”

Community Bank 60

Community Bank Apple Community Technology 60

Abrigo

APRIL 8, 2020

Provide a BSA refresher course to your lending staff. While these loans are 100% guaranteed by the SBA, fraud is still a concern. On March 27, President Donald Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to provide emergency assistance for those affected by the coronavirus pandemic.

Compliance 195

Compliance Lending Fraud Community 195

FICO

MAY 6, 2020

Their digital systems are not designed to handle the PPP loan program, and they do not immediately have the regulatory processes in place to detect risk and fraud for these circumstances. Greg and the lending team at The Piedmont Bank are watching an SBA educational webinar when the host announces that the PPP application is available online.

Community 52

Community Community Bank Lending System 52