Remove 2009 Remove Management Remove Risk Management
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Get your ducks in a row: HVCRE risk management

Abrigo

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. Ashbaugh goes on to demonstrate that the default rates for these loans did not peak until about 2009, and the ALLL did not increase until 2010.

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EY Accused Of Missing Alleged Wirecard Fraud

PYMNTS

Wirecard explained that the money was kept that way for risk management, saying it could be saved to provide refunds or chargebacks if needed. WSJ reported on one instance in which an EY senior manager left a note for a Wirecard executive saying EY was preparing to ask questions about a trustee account.

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[Guide] Breaking Down the FR 2052a Complex Institution Liquidity Monitoring Report

Perficient

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.

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The Bank-FinTech Tie-Up Streamlines Access To Finance, Data

PYMNTS

Relationship managers at the bank will link with Propel’s digital portal that offers fast credit decisions for as much as 100,000 pounds (approximately $130,000) for SMBs that bank with the institution. “We Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal.

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Stressing the importance of stress tests

Abrigo

The reports were positive: all 31 stressed banks “passed,” showing that they are stronger than they have been at any time since the tests began in 2009, the Fed reported. Stress testing is a critical risk management technique that deserves bolstering.

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4 challenges banks and credit unions are facing today

Abrigo

Internal challenges Top management will be familiar with many of the internal challenges. They may include: - Competing and conflicting interests: growth vs. risk - Disconnected processes, departments and technology - Little transparency into portfolio health over time - Lots of data, few actionable insights. “As

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Mazooma, Plaid Team Up To Advance Payments For iGaming, Sports Betting

PYMNTS

bank connections are an ideal complement to Mazooma's ACH processing platform, risk management features and compliance protocols," he added. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009. Plaid's optimized user interface and U.S.

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