Abrigo

DECEMBER 14, 2014

Many would point to imprudent lending standards as a leading cause of the financial crisis of 2008, and in turn, financial institution regulators have since bolstered lending standards and capital thresholds as a preventive measure against a similar crisis. Blog Bank Credit Union'

Guidelines 223

Guidelines Payments Lending Capital 223

PYMNTS

JULY 17, 2019

Financial institutions are in a constant balancing act: open up access to capital for borrowers to promote economic growth and financial inclusion and mitigate against the risk exposure lending produces — sometimes with disastrous implications for the global economy.

Data 130

Data Management Analytics Compliance 130

Abrigo

NOVEMBER 8, 2019

Stress Testing | 7 minute read Key Takeaways Stress testing is an important component of sound risk management. Effective stress testing can benefit many different facets of lending, from risk management and strategic decision-making to capital adequacy and liquidity management. Stress testing and risk management.

Lending 150

Lending Risk Management Analysis Capital 150

PYMNTS

APRIL 13, 2020

To set the stage, and as communicated by JPMorgan CEO Jamie Dimon in a letter to shareholders earlier in the month, “we don’t know exactly what the future will hold — but at a minimum, we assume that it will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008. and the U.K.,

America 312

America Cards Mobile Report 312

PYMNTS

DECEMBER 9, 2020

Lukies said that prior to the 2008 financial crisis, regulators and the like normally left banks to their own devices, as long as they didn’t mess it up so that people couldn’t pay their bills or go shopping. Before 2008, banks were making a lot of money from a lot of things,” noted Lukies.

Innovation 306

Innovation Fintech Payments Regulation 306

PYMNTS

OCTOBER 1, 2019

India-based financial services provider Reliance Capital has announced it will exit the lending market. 30), Reuters reported , noting that the company is struggling to overcome “collateral damage” resulting from a slowing national economic and a broader “crisis,” the publication said, in India’s lending sector.

Capital 109

Capital Lending Regulation Operations 109

PYMNTS

AUGUST 8, 2017

When news of the financial crisis broke in 2008 and big banks all over the world were eschewing consumer and small business credit markets, Batine and Dunaev saw an opportunity — one that was particularly pressing in developing nations, an area of the world that was below the big banks’ radars. That’s something nobody could predict.”.

Lending 105

Lending Capital Fintech Marketing 105

Abrigo

DECEMBER 22, 2023

Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals. Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. The FASB’s description of proposed changes can be found here.

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

AUGUST 30, 2022

You might also like this webinar on commercial lending strategy. The lack of alternative options in a rising-rate environment may be a factor when deciding to expand into commercial lending. Risk management. CRE Lending. Lending & Credit Risk. CRE Lending. Lending & Credit Risk. CRE Lending.

Strategy 195

Strategy Lending Risk Management Analysis 195

PYMNTS

JUNE 17, 2020

The company said on its website that it plans to manage the unsecured loans purchased with the money. Lending has been at a low point for the past several months during the pandemic as lenders aimed to avoid unnecessary risks amid mass closures and layoffs around the world, PYMNTS reported. GF Investments, and Siam Commercial Bank.

Fintech 151

Fintech Lending Security Management 151

Abrigo

APRIL 19, 2022

As the OCC’s Internal Guidance from April 9, 2008, explains: An analysis of the guarantor’s global cash flow should consider inflows, as well as both required and discretionary cash outflows from all activities. Stay up to date on global cash flow and other lending trends. Lending & Credit Risk. Lending & Credit Risk.

Analysis 195

Analysis Taxes Lending Examples 195

Independent Banker

JUNE 30, 2022

It’s like throwing a rock into a pond when you’re dealing with credit quality issues: The ripple effects are real, leading to issues in all areas of CAMELS (capital adequacy, asset quality, management, earnings, liquidity and sensitivity). Manage loan portfolio relationships proactively after the loan is funded.

Community Bank 171

Community Bank Community Lending Training 171

PYMNTS

MAY 25, 2016

Reports by Financial Times said on Tuesday (May 24) that Wells Fargo vowed to continue to lend to businesses that have significant outstanding debt against the guidance of U.S. “Regulators don’t make our loan decision for us,” said Wells Head of Corporate and Commercial Banking and Treasury Management Perry Pelos.

Lending 100

Lending Regulation America US 100

PYMNTS

JANUARY 7, 2021

SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. Founded in 2011, SoFi has worked to leverage lending after the 2008 financial crisis, focusing on student loan refinancing.

Samsung 183

Samsung Capital Lending Innovation 183

Abrigo

JUNE 19, 2020

The 2008 financial crisis exposed significant weaknesses of relying on incurred losses. CRE Lending. Lending & Credit Risk. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies. CRE Lending. Credit Risk Management. Lending & Credit Risk. Learn More.

Lending 195

Lending Data Training Analysis 195

Abrigo

JULY 20, 2021

From leveraging PPP technology to building relationships, reasons for boosting SBA lending are numerous. . Takeaway 2 Far fewer financial institutions regularly participate in SBA (7a) lending than the more than 5,000 that joined the PPP. . Why SBA Lending? Want other articles like this on SBA loan origination in your inbox?

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

SEPTEMBER 14, 2017

One of the key reasons for the complicated relationship – the term “frenemies” comes to mind – is that FinTech newcomers are demonstrating innovative approaches to traditional banking practices, including financial management services and money transfers, while older banks tend to be wedded to older systems.

Innovation 191

Innovation Lending Fintech Bitcoin 191

PYMNTS

MARCH 8, 2019

Alternative small business lending firm Funding Circle has announced plans to launch in Canada. commercial strategy lead, Tom Eilon, will head the company’s Canada unit as managing director, the firm said. Germany and the Netherlands. Funding Circle’s U.K. market.

Lending 149

Lending Operations National Strategy 149

South State Correspondent

MAY 9, 2023

private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. The proper function of a free-market economy is to allow outperforming managers to succeed in their businesses and underperforming managers to exit their businesses.

FDIC 195

FDIC Regulation Capital Management 195

Perficient

JUNE 18, 2020

In 2008, Bryan Dougherty, now our General Manager, created the original Tech Challenge. The original game was built in 2008 using WPF and WCF. The Components project was a shared assembly that contained the classes that managed the communication and the logic of the game as well as class definitions for all of the ships (i.e.

Regional 332

Regional Technology Management System 332

PYMNTS

AUGUST 21, 2020

The Financial Times and Sky News reported in February that the online bank was in the works and would focus largely on savings and lending services, but Sky News added more details with the latest report. JPMorgan Chase would not comment, according to the news outlet. The new digital bank is expected to be chaired by former U.K.

Report 173

Report Digital Banking Technology Lending 173

South State Correspondent

APRIL 10, 2023

In secondary and tertiary markets, it is only smaller financial institutions lending. CRE Risk Circa 2008 If all this feels too familiar, these are the same conditions that were present in late 2007 when the Fed raised overnight rates from 1.00% to 5.25%, and many financial institutions had a negative market-to-market on their assets.

Community Bank 195

Community Bank Community Los Angeles Regional 195

Abrigo

FEBRUARY 2, 2015

The banking industry has seen a steady stream of media attention since 2008, much of it in the form of stories about data breaches linked to major retailers or mega banks’ profits. Risk management issues were also a high-ranking hurdle to growing banks, with 26 percent calling it a concern for 2015.

Community Bank 150

Community Bank Community Regulation Survey 150

Abrigo

DECEMBER 19, 2019

In 2020, we will likely see financial institutions putting more emphasis on automating time-consuming, manual processes that bog down lending decisions. By automating these mundane, laborious tasks, lenders and credit analysts are then able to focus their time on the borrower or member and make faster, more efficient lending decisions.

Lending 195

Lending Fraud Community FDIC 195

Celent Banking

JUNE 12, 2015

Jim covers core systems modernization, the impact of cloud computing, and treasury management technology. My coverage will be focused on the technology impacts of meeting the financial management needs of business customers, ranging from global multinational corporates to small businesses. Transaction Banking Revenue and Deposits.

Lending 100

Lending Trends Meeting Banking Trends 100

PYMNTS

AUGUST 20, 2020

A multitude of SMB investors are looking to help, but lending to digitally focused SMBs comes with its own hurdles, including fraud risks and inefficient lending procedures driven by stiff regulatory measures. SMB Lending Risks. One of the most pressing issues plaguing SMB lenders is the risk of fraud.

Fintech 177

Fintech Fraud Lending Regulation 177

PYMNTS

DECEMBER 9, 2019

The guarantee was a provision of the Royal Bank of Scotland ’s (RBS) £775 million, as “punishment” for its 2008 £46 billion state bailout. The challenger bank offers digital, branchless banking via an app, and features savings and money management tools. billion USD) in loans.

Tools 132

Tools Lending Resources Digital Banking 132

PYMNTS

AUGUST 28, 2018

Zandi suggests that the debt burden mirrors the subprime lending spike, which eventually led to the 2008 economic crisis and breakdown of the nation’s financial services market. “It Even so, while there are significant differences between leveraged lending and subprime mortgage lending, the similarities are eerie.”.

Lending 101

Lending Analytics Policies Marketing 101

Abrigo

MARCH 13, 2023

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. Lending to startup companies with a plan to go public is not itself a problem.

Strategy 195

Strategy Lending Security Analysis 195

PYMNTS

JANUARY 2, 2019

trillion in the early part of 2008 before the Great Recession, noted the paper. The paper noted that the increase in borrowing on the part of consumers is being driven by lenders willing to lend more as the memories of the financial crisis fade away. Mortgage debt reached a high of $10.7

Cards 131

Cards Report Lending Data 131

Bank Innovation

NOVEMBER 21, 2016

The Financial CHOICE Act, proposed by Texas Congressman Jeb Hensarling earlier this year, is a measure aimed at overturning or heavily modifying many of the regulations put in place after the 2008 financial crisis. The act has recently fallen under scrutiny from Wall Street as the president-elect championed a lessening of Read More.

Texas 150

Texas Fintech Regulation Management 150

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

South State Correspondent

AUGUST 16, 2023

These are cash flow management tools that send a signal of future problems. New, post-2008 underwriting guidelines are having a positive effect on credit. LTVs remain at elevated levels and slightly above the last record of 2008. Per card balances are spiking but below 2008, meaning more cards are in everyone’s wallet.

Trends 195

Trends Cards Capital Data 195

South State Correspondent

AUGUST 15, 2023

The fear of recession has decreased in 3Q, and the new primary concern shifts back to interest rate risk and deposit cost management. Regarding loan growth, lending continues to be at the slowest pace since 2008. Banks continue to be reluctant to lend, a situation we don’t see changing for the rest of the year.

Trends 195

Trends Community Bank Community Lending 195

PYMNTS

APRIL 21, 2020

Post-financial crisis, an influx of alternative lending players emerged to accelerate business finance digitization and expand choices for borrowers. According to Bjonerud, the sheer volume of choice between traditional and alternative providers can be overwhelming, and can make managing loans a challenge for mid-market borrowers.

Marketing 140

Marketing Capital Lending Management 140

PYMNTS

JUNE 26, 2018

And not just one branch of underwriting — for a short while there, it seemed like all of it had hit Game Over status — with consumers; SMB and even enterprise-level lending slowed to a near stop. By quite a lot, American household debt is currently on pace to be $1 trillion above the peak debt level of 2008 by the end of this month.

Millennials 116

Millennials Lending United States Comparison 116

PYMNTS

OCTOBER 1, 2018

By using funds managed by LCA to benefit its parent company, LCA and Laplanche failed to do so.”. Last week’s announcements capped off two years of investigation into the P2P lending firm, and its board has expressed some relief that it seems to be time to turn the page on the events of 2016. Attorney Alex Tse. “We The Response.

Lending 135

Lending Fraud Management San Francisco 135