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CRA compliance: A data-driven strategy

Abrigo

Risk management and internal controls Integrate CRA into risk frameworks: Ensure that community reinvestment initiatives are part of the institution's overall risk management strategy. This includes identifying risks associated with underinvestment in communities and addressing them proactively.

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Practical AI Use for Community Banks

Jeff For Banks

Branch Insights: Managers can use Copilot in Power BI to track performance across our 21 locations, like spotting a deposit surge in Scott County for a targeted campaign. Enhancing Risk Management & Fraud Detection: Copilot can flag suspicious transactions in Excel, enabling quick action.

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FinCEN issues rules impacting real estate and investment advisory compliance

Abrigo

Enhanced risk management: As AML/CFT obligations expand to include real estate transactions and investment advisers, risk management strategies for financial institutions must adapt. The real estate rule takes effect on December 1, 2025, while the investment adviser rule comes into force on January 1, 2026.

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1033 Open Banking Mandate Blueprint for Success

Perficient

The first compliance deadline of April 1, 2026, impacts the largest organizations. Under this ruling, banks, credit unions, credit card issuers, and other financial service providers must enhance consumer access to personal financial data. The ruling demands action from all non-depository firms (e.g.,

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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

Identity management, ID proofing, preventing account takeovers, limiting card-not-present risk, the rise of social engineering on remote workers, and more cyber-crime-as-a-service offerings had most of the buzz. However, of course, it was generative AI that remained at the peak of the hype cycle.

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BaaS Banks Are in Time Out, and Here’s Why It’s a Big Deal

Gonzobanker

According to recent research from Cornerstone Advisors, by 2026, 300 banks in the United States will be providing BaaS services, generating $25 billion in revenue. It will take a proactive approach that prioritizes ongoing compliance monitoring and risk management. It won’t be easy … but $25 billion is at stake!

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What does the rise in the inflation mean for financial stability?

BankUnderground

This is akin to the concept of ‘value-at-risk’ used in financial risk management. To measure this, we simulate the model a large number of times, sort the predicted GDP outcomes according to their severity, and find the drop in GDP that is only exceeded in 5% of the simulations.

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