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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Bankers should examine warning signs and shore up defenses for existing income-producing CRE loans as part of commercial property loan risk management.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. .” Gambling of all types is moving further into the digital realm.

Ohio 103
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Amazon Air Expands In A Bid To Better Manage Shipping Logistics

PYMNTS

Amazon now controls shipping about 26 percent of its online orders, according to Wolfe Research. and this year it’s opening regional hubs in Texas, Ohio, and expanding one in Illinois. The expansion includes a $1.5 billion hub in Northern Kentucky, scheduled to be open in 2021.

Kentucky 182
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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

The city of Dublin, Ohio is testing a digital ID program to help its residents access city services, providing each with a QR code that they can scan to verify their identity. Nav , a financial management app that helps small businesses access credit reports, leverages KBA to verify its users — but is not without its share of challenges.

Online 144
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Huntington Now Offers Real-Time Payments For Consumers, SMBs

PYMNTS

Through using the RTP network, the Columbus, Ohio-based company will be able to offer receipts and better communication options for payers and payees, including messaging, for both consumer and business customers, the release states.

Payments 131
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The Limited Brand’s Days Could Be Limited

PYMNTS

28, the Limited brand filed a WARN notice with the Ohio Department of Job and Family Services, which included a statement that “a mass layoff” — up to 248 employees — will occur and that its headquarters may be closing in New Albany, Ohio. The letter was also sent to the company’s employees.

Ohio 100
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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The company recently said it would shutter 180 out of 380 offices in the country, while putting $115 million toward its online client offering and eliminating 1,000 positions. The closings comprise approximately one in five of the firm’s branches in New York, Pennsylvania, Indiana and Ohio.