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

MAY 8, 2024

Takeaway 3 Regulators are closely watching expanded uses of AI and generative artificial intelligence. Yet 30% of financial services leaders ban the use of generative AI tools within their companies, according to a recent survey by American Banker publisher Arizent. GenAI is seeing varied use cases in banking.

Examples 221

Examples Fraud Resources Risk Management 221

Abrigo

DECEMBER 14, 2023

Start with a survey and pre-planning meetings. 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. Learn to identify emerging CRE credit risk red flags. Every stakeholder should be on board.

Lending 221

Lending Risk Management Meeting Survey 221

Abrigo

FEBRUARY 2, 2015

For most consumers who have a checking account, savings account and maybe a mortgage, the regulations placed on their community bank isn’t given a second thought. Two recent surveys addressing the community banking landscape have pointed to increasing regulations as the primary cause of stress for these institutions.

Community Bank 150

Community Bank Community Regulation Survey 150

Abrigo

MAY 19, 2023

Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general. As our annual loan review survey pointed out, loan review units have a severe workforce shortage at both the junior and senior levels.

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

DECEMBER 1, 2021

There will always be risks inherent in loan portfolios, and effective portfolio management and loan control functions are critical to the overall risk management function of banks and credit unions. Banks are required by regulators to have formal risk rating policies in place to determine how ratings are assigned.

Risk Management 195

Risk Management Lending Policies Management 195

Abrigo

OCTOBER 8, 2014

Risk management. Data from Bank Director’s 2014 Growth Strategy Survey in August confirms that these are bankers’ greatest concerns. Source: 2014 Growth Strategy Survey. The survey participants included 145 independent directors and senior executives from U.S. Managing Risk. Loan growth.

Community Bank 191

Community Bank Community Strategy Risk Management 191

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

PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.”

Management 145

Management Risk Management Survey Security 145

Abrigo

APRIL 21, 2023

Regulators have highlighted the importance of credit risk review to provide ongoing feedback on lending processes and support accurate estimates for the allowance for credit losses (ACL) or the allowance for loan and lease losses (ALLL). “In my day, you had to go out and look loan officers in the eye to conduct a loan review,” he said.

Lending 195

Lending Risk Management Software System 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

JUNE 23, 2017

The desire to avoid examiner scrutiny may tempt some financial institutions to set the bar high when it comes to credit and liquidity risk management policy limits, but regulators are discouraging this approach. It could compromise institutions’ risk management effectiveness and ultimately hurt the institution.

Policies 150

Policies Risk Management Survey FDIC 150

Abrigo

APRIL 7, 2023

You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results." Making a case for greater efficiency Loan review automation eliminates manual processes, saving time and reducing human error. Here's what to say when presenting a case for software at your institution.

Software 195

Software Lending System Risk Management 195

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? Keep me informed.

Resources 195

Resources Training Fraud Compliance 195

Abrigo

JUNE 5, 2015

In a recent Forbes article, Frank Sorrentino, Chairman and CEO of ConnectOne Bank, offered his take on how financial institutions should flip their mindset on regulators and examinations. Stress testing is one such area where many smaller banks are feeling the weight of regulation.

Risk Management 150

Risk Management Community Bank Regulation Survey 150

PYMNTS

SEPTEMBER 29, 2017

However, interest rates, FX, commodity and derivatives risk, as well as operational risk, should not be disregarded.”. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. Risk management, he continued, isn’t just about responding to threats.

Fintech 141

Fintech Risk Management Compliance Management 141

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

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results." This blog will examine credit review in more detail. well, I have others.”

System 195

System Lending Risk Management Management 195

Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. These expectations for CRE growth are reiterated in a soon-to-be released survey of just over 300 bankers by Abrigo. Watching for CRE red flags.

Lending 195

Lending Trends FDIC Survey 195

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

MAY 14, 2021

You might also like this webinar on the findings of Abrigo's 2021 Business Lending Process Survey. Takeaway 1 Digital pushes in financial services are widely reported, but Abrigo's Business Lending Process Survey found many manual processes. Efficiency Emphasis, Too. Stepping up automation.

Lending 195

Lending Survey System Data 195

Abrigo

SEPTEMBER 2, 2020

Since the coronavirus outbreak, almost half of banking customers have reported changing how they interact with their financial institutions, leveraging new channels like online and mobile banking, according to an FIS survey. These findings are true among all generations surveyed. Credit Risk Management. Learn More.

Lending 259

Lending Community San Antonio Survey 259

Abrigo

NOVEMBER 16, 2016

Bank regulators for many quarters have expressed concern about easing underwriting standards in commercial real estate lending, especially as examiners have noticed increased concentrations of CRE loans in financial institutions’ portfolios. 17 at 2 p.m.

Lending 150

Lending Survey Risk Management Regulation 150

PYMNTS

FEBRUARY 12, 2019

Regulators found the company completed 156 shipments worth a combined $4.4 ’s importation of those goods via China was found to be in violation of the Treasury’s Office of Foreign Assets Control (OFAC) North Korea Sanctions Regulations. notified regulators when it discovered the violations. million into the U.S.

Compliance 108

Compliance Risk Management Regulation Management 108

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. It is likely that regulators will soon ask banks to come up with a plan.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

JANUARY 24, 2019

Automated risk management solutions can be helpful in theory. The lack of knowledge, training and clear policy can expose an organization to more risks, considering the changing nature of global regulations and threats. That’s only if analysis of that data can be done correctly, however.

Compliance 191

Compliance Risk Management Training Analysis 191

Abrigo

JANUARY 12, 2016

Risk rating practices for the loan portfolio can draw scrutiny from regulators, to be sure. One of every six financial institutions responding to the 2015 Sageworks Bank & Credit Union Examination Survey said that examiners criticized or required action related to their risk ratings practices.

System 150

System Risk Management Management Exercises 150

PYMNTS

MARCH 14, 2019

The two published their newest “ Treasury Perspectives ” survey this week, a report that polled corporate treasurers and finance executives about their plans and economic outlook. The 340 survey respondents, based mostly in North America and Europe, revealed their rising concerns over political gridlock in the U.S.

Fraud 115

Fraud Survey Taxes Regulation 115

Abrigo

SEPTEMBER 2, 2020

Since the coronavirus outbreak, almost half of banking customers have reported changing how they interact with their financial institutions, leveraging new channels like online and mobile banking, according to an FIS survey. These findings are true among all generations surveyed. Credit Risk Management. Learn More.

Lending 195

Lending Community San Antonio Survey 195

Abrigo

FEBRUARY 25, 2022

Codified risk-based approach The AMLA codified the risk-based approach for the first time, and a thorough risk assessment is necessary to justify businesses to your regulators. ?As While FinCEN has provided no specific, written regulations yet, more clarification is expected soon.?

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

JULY 29, 2015

Results from the 2015 Sageworks Bank & Credit Union Examination survey cited that given the role of credit underwriting and administration in maintaining asset quality and in ensuring the bank’s sound financial condition, these areas received scrutiny from examiners from each regulatory agency.

Survey 150

Survey Regulation Policies Risk Management 150

Abrigo

NOVEMBER 23, 2016

The challenges associated with Q-factor adjustments are not new, but reliance on Q-factors has increased scrutiny from auditors and regulators. Q-factors allow for adjustments to the historical-loss experience to reflect losses embedded in the portfolio that have not been captured in charge-offs and recoveries.

Risk Management 150

Risk Management Regulation Analysis Survey 150

Abrigo

NOVEMBER 18, 2016

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution.

Community Bank 150

Community Bank Handbook Lending Risk Management 150

Insights on Business

MARCH 11, 2019

Based on the findings of a recent survey , it seems that risk professionals across the RegTech landscape are also awakening to the promise of AI, helping them obtain a better picture of the benefits within their organizations and assess where they themselves sit in its broader evolution. Gauging AI by asking the experts.

Compliance 140

Compliance Risk Management Tools Survey 140

Abrigo

DECEMBER 6, 2016

The challenges associated with Q-factors adjustments are not new, but reliance on Q-factors has increased scrutiny from auditors and regulators. Q-factors allow for adjustments to the historical-loss experience to reflect losses embedded in the portfolio that have not been captured in charge-offs and recoveries.

Risk Management 150

Risk Management Regulation Analysis Survey 150

PYMNTS

DECEMBER 9, 2020

As the technology evolves and new regulations come into force, our research shows that criminals are seeking new ways to launder dirty cryptoassets” said David Carlisle, head of Policy and Regulatory Affairs at Elliptic, in the post. In other news, cryptoasset analytics firm Elliptic reported Wednesday (Dec.

Bitcoin 168

Bitcoin Report cryptocurrency Analytics 168

PYMNTS

JUNE 21, 2016

Chamber of Commerce uncovered the challenge businesses face in the wake of financial reforms and regulations, like Dodd-Frank. Its survey, the chamber said, suggests that the nation must heighten its capabilities of providing finance to its businesses, especially those struggling on account of regulation. What Regulation Does.

Survey 101

Survey Regulation Compliance National 101