Perficient

DECEMBER 27, 2023

Manage third-party risks, especially for relationships involving higher-risk or critical activities. Once published by regulators, Perficient’s Risk and Regulatory CoE will be here to walk our clients through the changes. Contracts should explicitly address potential default and termination.

Compliance 221

Compliance FDIC Regulation Fraud 221

Abrigo

APRIL 15, 2022

ALM & Measuring Liquidity Risk at Banks and Credit Unions Regulatory agencies expect financial institutions to manage liquidity risk using processes and systems commensurate with the complexity, risk profile, and scope of operations. Would you like other articles like this in your inbox? This is the fourth post in a series. .

Management 195

Management Meeting Risk Management Operations 195

Abrigo

FEBRUARY 24, 2022

Would you like other articles like this in your inbox? As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management. Earnings at Risk. Measuring interest rate risk accurately.

Management 195

Management Analysis Strategy Policies 195

Abrigo

OCTOBER 23, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. The banking industry is no stranger to this. This is a big misconception.

Risk Management 150

Risk Management Management Security Lending 150

Perficient

DECEMBER 1, 2023

Immediately following the Silicon Valley Bank (SVB) failure, Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) swiftly analyzed publicly available documents, providing readers with a comprehensive breakdown of the bank’s failure.

FDIC 221

FDIC Risk Management Regulation Leadership 221

Abrigo

DECEMBER 22, 2023

Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings. Takeaway 3 Articles specific to small community banks were among the most-read blogs, with best practices for construction lending at the top of the list.

Lending 221

Lending Risk Management Community Management 221

Abrigo

OCTOBER 21, 2019

The following article was first published in ABA Banking Journal on October 17, 2019. Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. 6 key areas of due diligence to consider before signing a contract. Cyber Due Diligence.

Risk Management 150

Risk Management Management Lending Fraud 150

Perficient

MARCH 3, 2023

In our last article, Starting Down the Road to Supply Chain Visibility , we discussed Perficient’s recommendations regarding processes to provide supply chain visibility. Perhaps regulators will want/need access to satisfy their inquiries. Do internal/external auditors need to know?

blockchain 275

blockchain Management Regulation Resources 275

South State Correspondent

MAY 7, 2024

On April 26, 2024, Republic First Bank (DBA Republic Bank) was seized by state regulators and the long running bank drama came to an end. A slew of articles have been published explaining the reason for this bank’s failure. The Root Causes It appears to us that Republic Bank did not properly manage its duration and interest rate risk.

Risk Management 195

Risk Management Security Management Groups 195

Perficient

DECEMBER 6, 2023

The objective is clear: encouraging compliance with consumer protection regulations they deem important before punitive measures are implemented broadly. Whether managing medical debt collections in-house or outsourcing to third-party agencies, companies need to exercise vigilance.

Industry 221

Industry Compliance Exercises Regulation 221

American Banker

JUNE 1, 2023

Curt Farmer, CEO of the Dallas company, defends its management of a Treasury Department program that provides federal benefits on prepaid cards.

Dallas 36

Dallas Cards Management Company 36

Bobsguide

AUGUST 30, 2017

The European Union’s new data protection regulation, the GDPR, gives EU citizens ultimate control over their personal data. In the first of a two-article series Ben Gould, Managing Director, EMEA & APAC, Opus Global, outlines the aims of GDPR. But when did we lose control?

Regulation 117

Regulation Data Management 117

Abrigo

DECEMBER 28, 2022

Abrigo's top AML/CFT articles. Abrigo, a leading technology provider of software solutions for financial institutions, published more than 85 unique articles on its industry-focused blog in 2022. Click on the link next to the number to access each article. The blogs your FinCrime peers are reading. This checklist can help.

Fraud 195

Fraud Training Compliance Regulation 195

South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

Management 195

Management Security Risk Management social media 195

Abrigo

AUGUST 30, 2024

The FHLB system reform is precipitated primarily by its regulator, the Federal Housing Finance Agency (FHFA), which is performing a deep dive into all aspects of the FHLB in the wake of some disturbing actions , specifically with four of the five failed banks just weeks or days before failure.

San Francisco 195

San Francisco Risk Management New York Capital 195

Abrigo

APRIL 12, 2016

The FDIC is offering a fresh take on how a bank’s board of directors should understand and manage risk. The regulator’s April edition of Supervisory Insights provides what the FDIC called a “refresher” on its Pocket Guide for Directors, the 1988 booklet outlining the basic duties and responsibilities of a bank’s board of directors.

Management 150

Management FDIC Risk Management Community Bank 150

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. In this article, we laid the groundwork for how account analysis works. Varied criteria are set for each tier.

Analysis 195

Analysis How To Strategy Management 195

Perficient

DECEMBER 14, 2020

Serverless functions eliminate the need for server software and hardware management, allowing developers to focus on optimizing application code. In the previously cited article, it is projected that an additional 20% of enterprises will prepare for IT workload disruptions by protecting data in the public cloud.

Technology 348

Technology Trends Software Resources 348

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Regtech is simply the use of technology such as AI, machine learning, natural language processing, and blockchain to improve the way businesses manage regulatory compliance. That’s where regtech for banks can help.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? For rookies and experts.

Resources 195

Resources Risk Management Study Strategy 195

Abrigo

OCTOBER 23, 2014

But how can this growth be managed appropriately? CEIS Review , a New York-based bank consulting firm, highlights the shift in a recent article. Community banks certainly want to remain conservative with risks and follow regulations. According to Sageworks’ Tim McPeak, there are three keys to effective loan review.

Risk Management 186

Risk Management Management Lending Resources 186

Abrigo

JUNE 11, 2021

Would you like other articles on asset/liability management in your inbox? Takeaway 1 Regulators stress sound risk management practices that include the ability to identify and measure interest rate risk (IRR). FDIC) noted in its 2021 Risk Review.

How To 195

How To Risk Management Analysis Kansas City 195

Perficient

MARCH 16, 2023

In this article, we’ll take a step back and review how to run a successful client remediation program.

Analysis 275

Analysis Resources How To Regulation 275

Abrigo

MAY 19, 2023

Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general. In addition, they should be familiar with pertinent laws and regulations affecting credit and lending activities. Then they told me nobody’s perfect, so I stopped practicing.”

Training 195

Training Lending Risk Management Guidelines 195

Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Would you like other articles on loan review in your inbox? This article is substantially updated from a 2013 blog post.

System 195

System Lending Policies Regulation 195

The Financial Brand

FEBRUARY 21, 2023

This article Crypto & Banks: Federal Regulators Shouldn’t ‘Just Say No’ to a Whole Industry appeared first on The Financial Brand. Viewpoint: Managing many types of risk is what banks are about. Regulatory zeal to bar them from crypto-related activity is misplaced.

Regulation 34

Regulation Industry Branding Management 34

Abrigo

MARCH 11, 2022

Expert insights on 10 regulatory topics that NBFIs should consider this year Review this list of what regulators are looking for in 2022 to help your NBFI pass exams with flying colors. Takeaway 2 Planning now and informing executive management of expected changes will enable NBFIs to move forward with anticipated rules and guidance.

Regulation 195

Regulation cryptocurrency Policies Management 195

Abrigo

DECEMBER 1, 2021

Would you like other articles like this in your inbox? Takeaway 2 It's imperative that FI senior management demonstrate commitment to a robust loan review program. . This article is substantially updated from a 2013 blog post. Commitment from senior management. Learn how to analyze and approve loans more quickly.

Risk Management 195

Risk Management Lending Policies Management 195

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Would you like other articles like this in your inbox? Keep me informed.

Resources 195

Resources Training Fraud Compliance 195

Bobsguide

AUGUST 31, 2017

The European Union’s new data protection regulation, the GDPR, gives EU citizens ultimate control over their personal data. In the second of a two-article series Ben Gould, Managing Director, EMEA & APAC, Opus Global, examines how social and. But when did we lose control?

Regulation 68

Regulation Data Management 68

Abrigo

JULY 9, 2024

Would you like other articles like this in your inbox? The proposed rule would amend existing regulations to require that programs be effective, risk-based, and reasonably designed so that financial institutions focus resources and attention in a manner consistent with their risk profiles. Clear reporting lines.

Compliance 221

Compliance Fraud Regulation National 221

Abrigo

MAY 9, 2022

Would you like other articles like this in your inbox? A recent and notable consent order shows the dangers of turning to an unqualified or inept third-party institution to perform some or all BSA/AML duties to meet regulations. Be sure to share these results and any findings with management.

Compliance 195

Compliance Fraud Regulation Resources 195

Abrigo

JUNE 3, 2021

Want more BSA training and articles emailed to you? By Hannakah Rubin, Risk Management Consultant at Abrigo. Law enforcement is of the opinion that this activity will only become more difficult to manage by FIs. BSA Rules and Regulation. BSA Rules and Regulation. Cryptocurrency continues gaining traction.

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

Perficient

AUGUST 14, 2020

We identified Six Key Commitments, and here are the first , second , third , fourth , and fifth articles. Managing Dynamic Events. Health systems must respond in real time in order to manage the current needs of the patient. Evolving Regulations – Each state has their own guidelines for managing this health crisis.

System 519

System Analytics Strategy Guidelines 519

Independent Banker

AUGUST 31, 2022

In today’s intense regulatory landscape, compliance extends to every aspect of banking, so much so that no one person or team can be solely charged with managing a bank’s compliance requirements. Managing compliance is a role that community bankers take more seriously than any other segment of the financial services industry.

Compliance 177

Compliance Community Leadership Industry 177

Abrigo

JUNE 14, 2021

Would you like others articles like this in your inbox? Management commitment As with any compliance program, one of the most important aspects of a strong SCP is a “culture of compliance,” from the top, to the middle, to the front line. BSA Rules and Regulation. BSA Rules and Regulation. Learn More. Learn More.

Compliance 370

Compliance Training Resources Policies 370