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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. in adjustment (9.2%) for interest rate risk movement.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important. According to the FTC , $2.7

Fraud 195
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10 Top Banking Podcasts You Should be Listening to

Abrigo

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. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195
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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Monty Python “Biggus Dickus” Award – goes to Sen.

Fintech 194
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2020 GonzoBanker Awards

Gonzobanker

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). And, by the way, without missing a beat. ” – MX’s Kara Parkey.

Idaho 170
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The 2015 GonzoBanker Awards

Gonzobanker

No one has been more successful at using social media to generate awareness and a positive image for their bank than Jill (@JillCastilla, @CitizensEdmond). Jill’s use of Twitter is a model for any bank CEO looking to engage on social media. FFIEC’s Cyber Security Self-Assessment Tool. Freudian Slip Award.

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Finovate Spring 2018 – Day 2

William Mills

The company enables clients to achieve best-in-class results driving quality and innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management, and Insights & Optimization. Covered Security , coveredsecurity.com @CoveredSecurity. Presenters: Chris Zannetos. Brian Milas.