Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Takeaway 2 Along with a five-part ALM 101 series that took a deep dive into risk-rating, popular posts touched on the value of core deposit studies. Complimentary ALM guidance.

Resources 195

Resources Risk Management Study Strategy 195

PYMNTS

DECEMBER 17, 2019

Bank study, nearly one-third of SMBs fail due to cash flow problems directly (i.e., But even more notably, 84 percent fail due to poor cash flow management that kicks off the series of events leading to their doors closing. At least some of CircleUp’s clients work with both the lending and equity sides of the house.

Lending 132

Lending Data Retail Capital 132

Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. discussed how they use continuous monitoring in their efforts to ensure safe and sound lending practices.

Lending 195

Lending Risk Management Software System 195

Abrigo

MARCH 2, 2023

But when a storm hit, limitations on the back end due to its insufficient operations technology hampered Southwest’s ability to handle the most basic customer service in that industry: getting customers safely where they needed to be. A buyer’s guide for lending software for smaller financial institutions can be helpful.

Technology 195

Technology Lending Community Software 195

South State Correspondent

FEBRUARY 12, 2023

Banks should now be prepared to actively manage liquidity levels and deposit betas for the next few years as the recent rise in short-term rates and the Fed’s liquidity drain pressures banks’ funding. We want to highlight this option with a case study. Our bank showed the borrower a term sheet that had the options below.

Community Bank 195

Community Bank Community Case Study Strategy 195

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

NOVEMBER 16, 2020

The latest evolution of Early Pay provides a supply chain solution that will give businesses more flexibility to help manage their payments and cash flow easily and efficiently. American Express said a study showed that early payment and payment automation could allow buyers to realize nearly $8.84 billion in savings via discounts.

Payments 192

Payments Cards System Strategy 192

PYMNTS

OCTOBER 10, 2018

While children are sitting in schools studying the “real” three Rs (reading, writing and arithmetic), payments peeps will be looking at the local version: risk, rewards and real time. 61 percent: Share of firms that report real-time payments would improve payroll operations. What all three have in common is being on the rise.

Data 152

Data Payments Study Lending 152

PYMNTS

DECEMBER 4, 2020

Banking as a Service (BaaS) is poised to change the end user experience of corporates as they navigate the daily challenges of cash flow management, supply chain activity and the need to become digital-first. Elsewhere, StreetShares raised $10 million to expand small business lending technology for banks and credit unions.

Lending 224

Lending Meeting User Experience Innovation 224

Abrigo

SEPTEMBER 9, 2019

The same is true of financial institutions when they consider technology investments to transform their lending and credit operations. Many banks and credit unions are operating with legacy systems – whether legacy IT or legacy processes. In some cases, parts were overhauled multiple times as management has changed.

Technology 150

Technology Lending Software Customer Experience 150

PYMNTS

MARCH 22, 2017

The overwhelming majority of participants in this study work independently because they want to and not because they have to,” the report declared. It’s a large responsibility, but as Freshbooks’ survey found, many small business owners are learning how to operate with a trial-and-error mindset. Access To Resources.

Survey 102

Survey Lending Resources Report 102

PYMNTS

AUGUST 20, 2020

million SMBs operate across the country and account for 64 percent of new jobs. Only 35 percent of such businesses make it past their first decade in operation. SMB Lending Risks. Lenders are struggling to detect and stop these fraud attempts, with only 43 percent saying that they are very effective at identifying lending fraud.

Fintech 177

Fintech Fraud Lending Regulation 177

Abrigo

DECEMBER 1, 2014

As many credit unions are just beginning to develop or expand member business lending (MBL) programs, it is important develop or tighten a sound MBL strategy to ensure long-term success in managing risks. To evaluate the level of capital needed, the NCUA notes, “Credit unions should complete a feasibility study for the program.”

Strategy 186

Strategy How To Resources Lending 186

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. If only it were so easy.

Compliance 109

Compliance FDIC Strategy Fintech 109

PYMNTS

NOVEMBER 16, 2020

The latest evolution of Early Pay provides a supply chain solution that will give businesses more flexibility to help manage their payments and cash flow easily and efficiently. American Express said a study showed that early payment and payment automation could allow buyers to realize nearly $8.84 billion in savings via discounts.

Payments 132

Payments Cards System Strategy 132

PYMNTS

MARCH 27, 2019

It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. The Outdoorsy platform enables America’s approximate 18 million RV owners to lend their vehicles during the 97 percent of the time that they sit unused on the front lawn. Trust keeps the sharing economy afloat.

Payments 145

Payments Case Study Lending Study 145

South State Correspondent

AUGUST 22, 2022

Commodore’s demise is a case study of how NOT to care about your customers and why business intelligence through proper data architecture is critical. There were several critical strategy errors in Commodore’s history, most of them stemming from management not caring and taking the time to collect and analyze data.

Data 195

Data Analysis Marketing System 195

PYMNTS

SEPTEMBER 13, 2017

But, because these solutions — like Bitcoin — are largely untested, many traditional banks are wary of investing in companies that operate in the space. Here’s a snapshot of some recent notable B2B API news: For many smaller merchants, fear is very much a factor when it comes to globally expanding their operations.

Strategy 190

Strategy Report Lending Fintech 190

PYMNTS

APRIL 25, 2016

Visa is determined to make EMV faster, Starbucks wants to make getting that cuppa joe faster, too, and is crushing it with mobile order ahead and the CFPB might be moving closer to having a fast exodus of the payday lending business once its rules drop. Operating income increased 11 percent to $864 million. EMV’s Second Phase.

Lending 100

Lending Mobile Cards Fraud 100

PYMNTS

OCTOBER 7, 2019

According to reports, there are allegations that a handful of managers within SEPTA cooperated in a fraud scheme with one of SEPTA’s vendors, which is facing claims that it submitted false invoices along with legitimate bills. percent of overall revenue to lending fraud, that figure jumps as high as 5.8 percent for small banks.

Fraud 157

Fraud Philadelphia Pennsylvania Lending 157

PYMNTS

JULY 12, 2018

Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. Our review shows that while online lending has grown in recent years, our banking industry still supports the overwhelming majority of lending in New York while being subject to strong safeguards and oversight.

Online 100

Online New York Lending Regulation 100

Gonzobanker

FEBRUARY 8, 2023

According to Cornerstone Advisors’ What’s Going On in Banking 2023 study, there are about 500 community banks and credit unions making direct investments into fintech startups. 3) Establish operational responsibilities Where will deals come from? Increasingly, banks are filling the void created by VCs. And not just the large megabanks.

Community Bank 98

Community Bank Community Fintech Leadership 98

PopularBank

APRIL 3, 2024

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. The so-called “forgotten middle” has been a hot topic for many owners and operators as they look to enhance the options with independent housing and assisted living, hoping to help those trapped in the middle gap.

Community 52

Community Operations Arizona United States 52

South State Correspondent

JANUARY 16, 2024

Barings Bank, Orange County (CA), Enron, Long-Term Capital Management, and other entities misused derivatives or didn’t understand the difference between hedging and speculating. Unfortunately, some banks adopted BSBY as one of their preferred indexes and in doing so created risk in derivatives and operations.

Community Bank 195

Community Bank Community Compliance CA 195

South State Correspondent

MARCH 7, 2024

While it is tempting to sign the contract for Copilot at a starting cost of $30 per person and distribute the technology bank wide, bank management should understand the greater context of the strategy and investment. Is there proper AI governance in place to manage the new risks? What is CoPilot for Banks?

Training 195

Training Data Tools Technology 195

Abrigo

NOVEMBER 29, 2021

Financial institutions generate most of their income by lending and investment activities. A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue. Drive growth with integrated risk management.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

NOVEMBER 2, 2016

Banks operating in oil and gas intensive areas of the U.S. have experienced a significant increase in nonperforming commercial and industrial loans, but not in other types of loans – at least so far, according to a recent study by Federal Reserve researchers.

Comparison 150

Comparison Regional Study Risk Management 150

Cisco

JANUARY 26, 2022

Incumbent financial institutions continue to build trust- based relationships through the expertise of their financial professionals while pursuing digitization to optimize customer experience and improve operational efficiency. Notably, these experiences were as convenient and productive for employees as they were for customers.

Meeting 100

Meeting Customer Experience Study Tools 100

PYMNTS

JANUARY 23, 2020

Every day is now a delivery day at FedEx,” Raj Subramaniam, president and chief operating officer at FedEx, said in a statement, announcing expanded home delivery to include Sundays. Study: Tech Unicorns Overvalued By Nearly 50 Percent. Amid FICO Changes, Does Lending Slowdown Loom? FedEx Officially Launches Sunday Delivery.

Fraud 131

Fraud Community Bank Analytics Study 131

FICO

MARCH 17, 2022

Mibanco, the largest microfinance bank in both Peru and Latin America, has used FICO Platform’s Decisions Capability to boost its lending capacity and respond quickly to changing market conditions during the pandemic. This meant when any lending changes were needed, software development within the core was required. “It

Policies 52

Policies Lending Case Study Guidelines 52

Perficient

MAY 17, 2022

And if all this wasn’t enough to keep a credit risk manager from sleeping well at night, consider this: A recent Consumer Reports study found that auto loan portfolios may be riskier than previously thought. We believe now is the perfect time for auto lenders to address their debt collection operations.

Strategy 294

Strategy Customer Experience Study Technology 294

PYMNTS

NOVEMBER 23, 2020

Advanced AI means reducing chargebacks, saving inventory, maintaining brand loyalty and spending more time managing the lunch rush than worrying about fraud.”. Smart machine algorithms have allowed food delivery times to be accelerated, while AI-enabled voice assistants are helping restaurants rapidly fulfill orders.

Mobile 289

Mobile Boston Fraud Colorado 289

PYMNTS

JANUARY 25, 2017

With plans to release the second edition of their Americas study, which will explore alternative finance across North, Central and South America, industry experts plan to add new data to the debate over the resilience of alternative finance. Will 2016 once again present an explosion in alt-lending transaction value?

America 100

America Lending Regulation Regional 100

FICO

JANUARY 29, 2021

Submissions included complex optimization problems, the automation of previously manual business processes and using the power of AI and machine learning to stop fraud and improve lending. Customer Onboarding & Management – OCBC. Debt Management – ABSA & Cox Communications (tie). Decision Management Innovation – eDriving.

Meeting 98

Meeting Analytics Florida Fraud 98

South State Correspondent

JUNE 13, 2023

When interest rates rise, lenders struggle to manage revenue and economic capital; when rates fall, borrowers can commonly refinance the debt at lower rates. We see borrowers trying to out-predict the market by guessing what the Fed might do, analyzing economic trends, studying graphs, or talking to friends at cocktail parties.

Marketing 195

Marketing Examples Capital Management 195

Gonzobanker

JANUARY 4, 2023

But the business goals and the measurements of success lie with the retail banking, business banking, and lending groups. Risk plan – Operational risk management is a company-wide discipline that has become the focus of regulators, boards, and the “C” level. digital banking). These are just some examples.

Technology 78

Technology System Software Groups 78

PopularBank

APRIL 19, 2021

Professional managers and directors with fiduciary responsibilities face an era of serious decision making to maintain property values. Many community associations have adequate reserves based on their reserve studies. Special assessments” are two words that create controversy for community association directors and managers.

Community 98

Community Meeting Lending Management 98