Remove 2024 Remove Innovation Remove Lending Remove Risk Management
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3 Key Takeaways from XLoD 2024

Perficient

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control.

Exercises 221
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Key takeaways from ThinkBIG 2024: Insights for banks and credit unions

Abrigo

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." Takeaway 2 The panel encouraged banks and credit unions to change their approach to compliance and technology, getting compliance involved sooner in new initiatives to encourage safe innovation.

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Change management in banks and credit unions: A key to success

Abrigo

Takeaway 3 Institutions can not only navigate the challenges of the modern financial landscape but also thrive in it with sound change management processes. This article describes recent comments by financial regulators about managing change. Risk mitigation : Change, when not managed properly, can introduce risks.

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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent dynamics of the small business lending market A deep understanding of the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 244
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The math behind small business lending: Problems & possibilities for banks & credit unions

Abrigo

Recent stats and dynamics of the small business lending market Understanding the small business lending landscape and potential efficiencies can help banks and credit unions grow their portfolios. You might also like this guide for smarter, faster small business lending. Record new business formation and a wider gap between U.S.

Lending 195
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The 2023 GonzoBanker Awards

Gonzobanker

Expect more deals to be announced in 2024. The It’s Still No Fun to Work Here Award – goes to the “stagecoach” Wells Fargo , which now is dealing with unionization efforts from employees at certain branches and has set aside $1 billion+ for additional employee severance costs in 2024. and Summit Financial Group, Inc.

Fintech 194
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Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. While a final rule implementing section 1033 of the Dodd-Frank Act will not be issued until 2024, knowing that “rules of the road” are now on the way is sure to add more momentum to open banking initiatives.