Abrigo

FEBRUARY 16, 2024

Takeaway 2 With proper planning and effective strategies, the scheduling process can be made more manageable at your financial institution. Takeaway 3 Credit analysts need training to understand the working capital cycle, look for hidden risks, and be aware of accounting changes. Talk to a specialist to learn more.

Training 195

Training Risk Management Analysis Policies 195

Independent Banker

JUNE 30, 2022

As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed. While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. But community banks have adapted to address that shift.

Lending 141

Lending Idaho Nevada Oregon 141

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." Regulators foster prudent loan modifications.

Management 195

Management Risk Management Policies Lending 195

Abrigo

DECEMBER 14, 2023

In a banking landscape that is constantly changing with new regulations, increasing competition, and other new challenges, it is critical to maximize your strategic plan's effectiveness. Consider the institution-wide impact of your strategy and ensure all pillars can weigh in on its effects. Every stakeholder should be on board.

Lending 221

Lending Risk Management Meeting Survey 221

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. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Read for a review of methods FIs use to measure short-term risk. Learn more.

Resources 195

Resources Risk Management Study Strategy 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Regtech in banking can be used in a variety of ways to enhance monitoring, reporting, and compliance.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Of course, banks and credit unions are highly regulated industries, and this is increasing. They must not only comply with regulations aimed at protecting the safety of the FI but also those protecting the customers/members. Regtech in banking can be used in a variety of ways to enhance monitoring, reporting, and compliance.

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. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 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

MAY 18, 2023

How to evaluate loan review processes based on their scope and depth A closer look at loan review can help your institution determine what steps to take to please regulators and streamline processes. You might also like this webinar, "Return to basics: Asking the right credit risk questions."

Lending 195

Lending Training Guidelines Policies 195

Abrigo

DECEMBER 5, 2023

You might also like this resource: "Building a strong future: Succession planning strategies for you AML program." BSA Officer Good vs. great Expertise in BSA/AML regulations: A deep and thorough understanding of the Bank Secrecy Act and other related regulations is non-negotiable. But what makes an exceptional BSA Officer?

Training 221

Training Compliance Regulation Software 221

Abrigo

OCTOBER 23, 2014

Community banks certainly want to remain conservative with risks and follow regulations. ” Banks understand the need to regularly specify and quantify portfolio risk, and remain cognizant of the impact new loan commitments have on the balance sheet. The regulatory compliance aspect is critical, CEIS notes.

Risk Management 186

Risk Management Management Lending Resources 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.

Compliance 109

Compliance FDIC Strategy Fintech 109

PYMNTS

SEPTEMBER 25, 2019

Regulators the world over are beginning to take a closer look at the alternative and marketplace lending business model. Also, in China, analysts at Yingcan Group pointed to the government’s P2P and marketplace lending crackdown as being likely to shrink the industry by as much as 70 percent this year. In June, the U.K.’s

Compliance 117

Compliance Risk Management Lending Regulation 117

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. Beef up your loan pricing strategy. Spend Budget Surplus to Mitigate Risk. Lending & Credit Risk.

Conference 195

Conference San Antonio Lending Fraud 195

Abrigo

NOVEMBER 9, 2020

Prudential regulators have made it clear that while they will adjust supervisory strategies as appropriate to emerging risks of the pandemic, examiner scrutiny will continue assessing basic principles that ensure the safety and soundness of financial institutions. Find out about upcoming free lending/credit webinars.

System 195

System Lending Software Risk Management 195

South State Correspondent

APRIL 30, 2024

Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. More sophisticated entities can handle a higher ratio because they possess system and managerial sophistication to manage the risk.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

Lending Discipline : Sensible pricing methodology is part of a loan hedging program, and some hedge providers also offer a loan pricing model. More sophisticated entities can handle a higher ratio because they possess system and managerial sophistication to manage the risk.

Community Bank 195

Community Bank FDIC Community National 195

Gonzobanker

FEBRUARY 23, 2022

A financial institution’s Banking-as-a-Service strategy needs to be more than an extra credit project for the I.T. infrastructure and the capacity to manage a BaaS strategy to significantly complement the core business. Now is the time to create a BaaS strategy. department. assets, citing high NIE.

Community Bank 133

Community Bank Strategy Risk Management Fintech 133

Abrigo

SEPTEMBER 11, 2023

Strategies for adopting AI at your financial institution Abrigo CTO Ravi Nemalikanti offers insights on how banks and credit unions can begin to utilize generative AI. Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences.

Risk Management 195

Risk Management Data Technology Fintech 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

JUNE 17, 2015

Like other types of lending, banks must remain cautious to avoid too heavy of an agricultural concentration or too much lending within a certain ag segment. Without diversification, risks will be expounded. The challenge is that market conditions in this type of lending tend to be volatile.

How To 150

How To Kansas City Lending Analysis 150

Celent Banking

JANUARY 22, 2015

In this same line, Banco Galicia in Argentina has a very interesting offering – Galicia MOVE – aimed to college students based on a totally digital proposition, underpinned by the use of digital channels and a targeted marketing strategy. Banks are certainly not playing hide and seek with P2P lending. Change or die.

Maine 100

Maine Lending Regulation Risk Management 100

Abrigo

MARCH 6, 2017

His recent research reports have covered SMB lending, alternative lenders and automating commercial lending. 2) @GonzoBanker – Cornerstone Advisors’ totally opinionated take on technologies, strategies, vendors and “anything else we run across in the trenches of the banking industry.” Learn more here.

social media 150

social media Lending Community Community Bank 150

FICO

OCTOBER 20, 2022

FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. Director of Product Management, Scores. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24. by Moma Chakraborty. expand_less Back To Top.

Strategy 52

Strategy Tools Analytics Risk Management 52

Abrigo

MARCH 6, 2015

While federal regulators only require this small number of banks to be subject to these particular stress tests, as outlined in the Dodd-Frank Act following the economic crisis of 2008, stress testing is becoming a critical part of financial institutions’ risk management strategies, regardless of their asset sizes.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

FICO

OCTOBER 20, 2022

FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. Director of Product Management, Scores. How can lenders build, manage, and secure credit portfolios in today’s uncertain market environment? asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24. by Moma Chakraborty. expand_less Back To Top.

Strategy 52

Strategy Tools Analytics Risk Management 52

Abrigo

NOVEMBER 3, 2016

Some of the most pressing challenges facing community banks and credit unions in the current banking environment include narrow interest rate margins, increasing pressure from regulators, and competition with “too-big-to-fail” mega-banks.

Community Bank 150

Community Bank Community Lending Risk Management 150

Abrigo

APRIL 19, 2016

In a recent whitepaper (download), the regulator outlined the general approach it will take as it evaluates innovative products, services and processes that OCC-regulated banks may offer or perform. Specifically, he said this means: • The bank understands the product and the risks it carries. • Collaborate with other regulators.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

AUGUST 12, 2019

Abrigo is bringing together the nation’s leading conferences on the new current expected credit loss (CECL) standard, MainStreet Technologies’ National CECL Conference, and the leading conference on lending, credit and portfolio risk best practices, Sageworks’ Lending & Risk Summit. Discover new products.

Conference 150

Conference Lending National Risk Management 150

Abrigo

DECEMBER 17, 2021

This may be an easier task for institutions with a culture of innovation – rewarding and supporting new ideas and creative strategies. For banks and credit unions, this often means a deep understanding of regulations and compliance and adhering to the institution's risk management standards. Lending & Credit Risk.

Fintech 195

Fintech How To Innovation System 195

CFPB Monitor

AUGUST 1, 2022

On July 18, the Federal Housing Finance Agency (“FHFA”) announced the launch of a new Office of Financial Technology with the goal of advancing effective risk management as it evaluates fintech developments in the housing finance space.

Financial Technology 78

Financial Technology Technology Fintech Compliance 78

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. Compliance Risk – The banking industry is highly regulated.

Risk Management 40

Risk Management Management Operations Meeting 40

FICO

JANUARY 19, 2023

At the same time, regulators are doubling down on their expectations of financial organisations and lenders to ensure they provide continued support to those who are deemed to be vulnerable or in financial difficulty. Here are my three predictions for risk management and customer treatment in 2023.

Lending 52

Lending Strategy Analytics Data 52

Abrigo

AUGUST 5, 2020

Many of the goals and strategies financial institutions had put in place earlier this year have been upended by the coronavirus pandemic. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. Portfolio Risk & CECL.

Management 195

Management Risk Management Trends Industry 195

PYMNTS

DECEMBER 21, 2020

The healthcare ecosystem is complex, nuanced and heavily regulated, so having an investor who understands how it all works together can be a competitive advantage. Today, most bank or lending customers expect a digital experience, which has opened up significant opportunities for B2B FinTech companies.

Capital 199

Capital Payments Software Fintech 199

Jeff For Banks

DECEMBER 9, 2020

On October 29, 2020, the New York State Department of Financial Services (DFS) issued a letter to all depositories and non-depositories regulated by them regarding climate change and financial risks. In her letter , Linda Lacewell, the DFS superintendent, said she expected regulated depositories under DFS supervision to: 1.

Lending 78

Lending Regulation Community National 78