PYMNTS

APRIL 26, 2017

In our CAB meetings, we focus on innovating solutions that can help eliminate regulatory and market challenges and plan for surprises, such as the financial crisis of 2008 or the recent political and currency volatility that we’re experiencing around the world today.

Risk Management 100

Risk Management Management Innovation Resources 100

Perficient

FEBRUARY 23, 2021

The financial crisis of 2008 and 2009 highlighted the need for timely data to identify and monitor liquidity risks at individual firms, as well as in aggregate across the financial system, especially with respect to intra-company flows and exposures within a consolidated institution.

Report 309

Report Risk Management Data System 309

BankInovation

APRIL 28, 2023

Silicon Valley Bank and federal regulators alike let poor management slide for several years — leading to the largest banking failure since 2008. SVB lacked board effectiveness, risk management and internal audits within its operations, and had 31 outstanding supervisory warnings when the bank collapsed in March.

Management 52

Management Risk Management Regulation Operations 52

PYMNTS

JUNE 29, 2020

Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed. Wirecard employed an unconventional measure in which it used third-party partners to process payments in countries where it wasn’t licensed.

Fraud 327

Fraud Risk Management Report Management 327

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

MAY 27, 2020

Newkirk has held multiple leadership roles at Capital One since 2008, most recently as president of Small Business, International & Walmart Partnership. The executive headed up a diverse tram of associates throughout six businesses, and he served on the Capital One Executive Committee as of 2016.

Strategy 131

Strategy Leadership United States Washington 131

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Economic downturns alter the credit memo's content and process to capture credit risk. More than six months after the coronavirus reached the U.S.,

Management 195

Management Risk Management Trends Industry 195

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted.

Big Data 119

Big Data Data Risk Management Compliance 119

South State Correspondent

AUGUST 7, 2024

The question is interesting given that almost every bank is going after the high-balance commercial customer, and most do that by highlighting their analyzed transaction account product within treasury management. Background on Account Analysis After the 2008 financial crisis, the Dodd-Frank Act was passed in 2010.

Analysis 195

Analysis How To Strategy Management 195

Abrigo

AUGUST 30, 2022

Participation loans were given a bad name after the financial crisis of 2008, but with the proper due diligence, banks and credit unions can leverage them to help grow their loan portfolios, Newberry said. Risk management. Keys to mitigating risk. Credit Risk Management. Lending & Credit Risk.

Strategy 195

Strategy Lending Risk Management Analysis 195

ABA Community Banking

OCTOBER 8, 2018

Have we learned our lesson from the 2008 financial crisis? Technology Feature3 Management Risk Management Risk Adjusted Operational Risk Credit Risk. How do we ensure it doesn’t happen again?

Risk Management 45

Risk Management Operations Management Technology 45

Abrigo

JULY 28, 2021

Following the 2007-2008 financial crisis, the CECL model aimed to provide more timely adjustments of reserve levels than the existing incurred loss method. Our dedicated risk management experts are ready to help you transition to CECL with confidence. Portfolio Risk & CECL. Portfolio Risk & CECL.

Risk Management 195

Risk Management Operations Trends Data 195

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

PYMNTS

SEPTEMBER 18, 2018

The conversation also underscored the growing important of currency hedging, foreign exchange and risk management for businesses of all types. What are the signals saying when it comes to such areas as trade, currency risk and emerging market stability? So, what is the state of the global economy these days?

Risk Management 155

Risk Management Strategy Software Management 155

BankInovation

MAY 24, 2021

While this practice has its merits, a vendor’s operational weaknesses, financial instability or inappropriate conduct can create significant third-party risk that threaten a bank’s institutional standing and market fundamentals. In the aftermath of the 2008 financial […].

Trends 98

Trends Operations Marketing Risk Management 98

FICO

APRIL 19, 2023

In comparison, the average Established cards balances at risk was 47 percent higher than all vintages in 2018. All of these trends will be of concern to risk managers. This group is showing increased rates of missed payments and other signs of financial stress.

Cards 52

Cards Risk Management Trends Groups 52

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. Different people calculating GCF in different ways will result in poor loan, pricing, and risk rating decisions.

Analysis 195

Analysis Taxes Lending Examples 195

Abrigo

NOVEMBER 19, 2015

For banks that have not acquired or merged since 2008, the top reasons for not doing so were preference to grow organically (32 percent), target prices too high (16 percent) and compliance and/or regulatory issues (14 percent). • Respondents were asked which areas their bank has improved infrastructure in over the past three years. . •

Survey 150

Survey Risk Management Industry Compliance 150

PYMNTS

JUNE 26, 2018

The SBA and AICPA have been working together since 2008, the entities noted. The Small Business 7(a) Lending Oversight Reform Act would enhance the SBA’s credit risk management and lender oversight review process, while requiring the administration to detail its oversight budget and perform complete annual analysis of its program.

Groups 101

Groups National Compliance Lending 101

PYMNTS

AUGUST 30, 2018

Although Deutsche Bank says it knows it cannot return to the market domination it enjoyed before the 2008 financial crisis, according to Reuters reports on Wednesday (Aug. It would be “too risky” to allow non-European banks to lead the way of financing and risk management in Europe, Sewing added.

Leadership 100

Leadership Risk Management Conference Report 100

BankInovation

MAY 24, 2021

While this practice has its merits, a vendor’s operational weaknesses, financial instability or inappropriate conduct can create significant third-party risk that threaten a bank’s institutional standing and market fundamentals. In the aftermath of the 2008 financial […].

Trends 64

Trends Operations Marketing Risk Management 64

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.

Guidelines 223

Guidelines Payments Lending Capital 223

Gonzobanker

JULY 10, 2020

Risk Management. Risk management was never out, but the level of investment and emphasis we saw during the early part of the 2008-2009 crisis lessened during the past four to five years. Regulators are now ramping that back up, and model risk management focused on portfolio risk is going to top the list.

Risk Management 88

Risk Management Capital Strategy social media 88

FICO

DECEMBER 8, 2022

Leveraging FICO Resilience Index to refine credit risk management decisions during benign economic phases defends against dramatic swings in delinquency rates and provides for a more consistent portfolio risk management approach over time. Of course, credit risk management is only one aspect of portfolio health.

Risk Management 52

Risk Management Management Strategy Examples 52

PYMNTS

SEPTEMBER 14, 2016

’s Faster Payments initiative, which traces its genesis to 2008, has seen fraud losses around online banking grow from £22.6 million in 2008 and then to £59.7 million in 2007 to £52.5 million in 2009, before new and more sophisticated security measures took effect.

Fraud 100

Fraud Payments Customer Experience Exercises 100

South State Correspondent

MARCH 14, 2024

Risk management also needs to change. Finding your bank tied to a rural area that is decreasing in size and profitable demographics is your bigger risk. Blockbuster produced near-record traffic at 3.5mm customers and revenue of around $5B in 2008 only to see both drop to near-zero by 2010 when it had to declare bankruptcy.

Innovation 195

Innovation Strategy Capital Comparison 195

TrustBank

APRIL 1, 2020

Although we began the year with a continuation of the long bull run up, before the quarter ended we witnessed the S&P 500 dropping over 35% from its peak and the first bear market since 2008. Absolute return, or our risk management strategies, helped to reduce the decline in portfolios.

Marketing 78

Marketing Washington Risk Management Strategy 78

FICO

SEPTEMBER 7, 2022

With a cost-of-living crisis and soaring energy costs across Europe and other countries, it's important to re-evaluate debt collections and customer risk management strategies. It also represented a regulatory stepping-stone put in place following the global banking crash of 2008. in Q2-2008. Wed, 09/07/2022 - 09:50.

Strategy 52

Strategy Risk Management Management Operations 52

Insights on Business

FEBRUARY 13, 2019

The global financial crisis of 2008 and 2009 brought a renewed focus on the governance, risk and compliance (GRC) processes within the financial institutions, who, not very long ago, viewed GRC as little more than a necessary evil – cost of doing business, which added little value. IBM OpenPages with Watson 8.0

User Experience 79

User Experience Compliance Risk Management Training 79

Abrigo

JUNE 19, 2020

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

Lending 195

Lending Data Training Analysis 195

Insights on Business

FEBRUARY 6, 2018

According to Boston Consulting Group, banks across the world have paid nearly USD 321 billion in fines since the financial crisis of 2007 and 2008, as the regulators are more focused than ever on compliance. Financial crimes go beyond just the monetary fines; the risk of accompanying reputational damages are hazardous as well.

Compliance 87

Compliance Analytics Boston Regulation 87

Insights on Business

MARCH 19, 2018

The cost of not being compliant is astronomical – since 2008, more than $50 billion in fines have been paid. IBM Watson Regulatory Compliance is a cognitive cloud solution that streamlines compliance management, while improving risk management and reduces costs and complexity.

Compliance 135

Compliance Meeting Regulation Comparison 135

FICO

DECEMBER 4, 2019

The percentage of card accounts that are at 2 cycles delinquent was stable annually, and 20% lower than during the financial crisis of 2008. In September 2019, the average 2-cycle balance was at its highest September level in the 18 years studied and is 16% above the 2008 result. They are 30% higher than September 2008.

Trends 52

Trends Cards Customer Experience Regulation 52

Abrigo

DECEMBER 19, 2019

In 2008, there were 7,061 FDIC-insured commercial banks in the U.S. Lending & Credit Risk. Portfolio Risk & CECL. Cyber Complications for Vendor Risk Management. Attain growth through M&A, new partners. In 2018, the number of banks declined by almost a third to 4,708 institutions. Learn More.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

MAY 29, 2019

The ICC pointed to Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance requirements that have also forced banks to reallocate resources and heighten risk management, similarly tightening banks’ trade financing capabilities.

Regulation 108

Regulation Compliance Capital Resources 108

FICO

MARCH 23, 2023

Liz joined FICO in 2006 and works closely with financial services clients in the UK, Ireland, the European Union, the Middle East and India in supporting their customer management and collections disciplines.

Cards 52

Cards Data Payments Trends 52

FICO

OCTOBER 19, 2022

How FICO Can Help You Manage Credit Card Risk and Performance. Explore our solutions for credit line management and collections prevention. See my post on UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis. UK Credit Card Trends: From 2008 Crash to Cost-of-Living Crisis. Liz Ruddick.

Trends 52

Trends Cards Data Analysis 52