Remove Management Remove Policies Remove Security Remove Taxes
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Food for Thought: A Policy on Credit Exceptions

Abrigo

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. Takeaway 3 A credit exception policy should spell out what one is, when it can be used, and how to clear it.

Policies 195
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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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How Federal Debt May Impact Banking

South State Correspondent

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

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US Treasury Secretary Sees Libra As National Security Threat

PYMNTS

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

National 187
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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Uber was ordered to stop securing business in Colombia via its popular ride-hailing app. Behind Sysco’s Spend Management Switch To Cards. Trackers and Reports.

Taxes 101
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Why Should You Choose NPS As A Tax-Saving Investment?

BankBazaar

Additional Reading: A Millennial’s Guide To Tax-Saving Investments. NPS is an easily accessible and portable retirement savings instrument that is low cost and tax efficient. To establish the retirement corpus, the policy holder must make regular monetary contributions to the NPS account till retirement.

Taxes 78
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Deep Dive: How Onboarding Portals Ease Vendor Data Gathering And Management

PYMNTS

They also need to collect and verify vendors’ details to comply with anti-crime regulations, adhere to tax reporting requirements and deliver convenient digital payments to these suppliers. Preventing crime also includes thwarting tax fraud, and companies must obtain certain details to fulfill their tax reporting responsibilities.

Data 166