PYMNTS

OCTOBER 7, 2020

Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the "significant ongoing deficiencies" in its risk management systems, The Wall Street Journal (WSJ) reported. According to WSJ, the bank failed at data management, regulatory reporting and capital planning.

Risk Management 230

Risk Management System Management Regulation 230

Bank Innovation

JUNE 20, 2016

Market risks, volatility, and uncertainties, are the stressors for traders and those allocating capital and managing risk. This will… Read more Regtech in Capital markets & Investing. This is the nature of the business, the markets, whether currencies, stocks, bonds etc.

Capital 236

Capital Marketing Management Compliance 236

Perficient

AUGUST 23, 2021

Internally, data creates the foundation for increased analytic application of fraud detection, at-risk customer behavior, and improved cross-functional process management. So, how does an insurance provider respond to this trend and the increasing number of regulations around data privacy (think GDPR or CCPA)?

Data 508

Data Analytics Trends Fraud 508

Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. You might also like this podcast, "How to sleep easier at night about your capital and risk levels."

Risk Management 195

Risk Management Management Lending Capital 195

Abrigo

FEBRUARY 6, 2025

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Accurate and streamlined investment accounting supports overall risk management, particularly in areas like credit, market, and liquidity risk.

Compliance 195

Compliance Technology Operations Risk Management 195

Perficient

MARCH 17, 2025

Our experts have identified the most impactful trends across banking , wealth and asset management , and payments. AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management.

Trends 221

Trends Analytics Compliance Strategy 221

South State Correspondent

MARCH 3, 2025

Understanding the drivers of banking consolidation is imperative when managing bank performance. These two acts took the governors off around how banks managed deposits. These acts created a competitive vortex marking a paradigm shift around the concept of bank management. In 1985, there were 14,417 FDIC banking charters.

FDIC 195

FDIC Trends Management ATM 195

Perficient

FEBRUARY 12, 2025

The industry faces numerous challenges, including protecting sensitive data, navigating evolving regulations, and outdated legacy systems. To harness AIs potential effectively, its essential to develop a strategy that considers payment regulations to ensure consumer protection , data privacy , and ethical use of AI.

Trends 221

Trends Payments Compliance blockchain 221

PYMNTS

JULY 19, 2020

Equity crowdfunding program Equifund CFP is launching a Regulation Crowfunding offering to help cannabis tech company Drop Delivery raise money for its all-in-one delivery system for cannabis products, according to a press release. All of it, the release stated, will aid businesses in growing customer bases and becoming establish.

System 218

System Capital Payments Industry 218

Abrigo

JUNE 7, 2021

Risks ALM Addresses Will Affect Performance and Strategy Asset/liability management models and processes address credit risk, liquidity risk, and interest rate risk. . Takeaway 1 The pandemic has shown that financial institutions deal with a variety of risks that can impact cash flow and capital. . recovery to date. foreign exchange.

Management 195

Management Risk Management Capital Regulation 195

Abrigo

JUNE 28, 2024

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Community Bank 195

Community Bank Strategy Community Management 195

Abrigo

MAY 20, 2022

Meet Model Risk Management Expectations Updates to the FDIC Risk Management Manual should steer institutions toward a model that manages risk and drives growth. Takeaway 1 Aside from meeting examiner expectations, proper model risk management can protect your institution from unnecessary risk. . FDIC Update.

Risk Management 195

Risk Management Management FDIC Meeting 195

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. Takeaway 2 Meanwhile, banks and credit unions will likely see a beefed-up regulatory emphasis on credit risk management practices, especially tied to CRE. .

Management 195

Management Risk Management Policies Lending 195

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." keep me informed. Know your limits.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

DECEMBER 21, 2020

Like many venture capital companies in the payments space, Serent Capital has had a busy year. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million. That was followed on Dec.

Capital 199

Capital Payments Software Fintech 199

Abrigo

JANUARY 11, 2022

Asset/liability management basics In part 1 of this "Introduction to ALM" blog series, learn the goals of asset/liability management and how it can help financial institutions. Takeaway 1 ALM in banking means managing the cash flows of assets and liabilities to increase profitability, manage risk, and maintain safety and soundness. .

Management 195

Management Meeting Capital Strategy 195

Perficient

DECEMBER 14, 2020

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. Serverless functions eliminate the need for server software and hardware management, allowing developers to focus on optimizing application code. Cloud Computing will be Increasingly Regulated.

Technology 348

Technology Trends Software Resources 348

Abrigo

AUGUST 1, 2022

Best practices for assessing models and managing risk Sound model development, implementation, use, and validation is especially important as CECL models debut. . Takeaway 2 Even small banks or credit unions not regulated by the Federal Reserve are required to address control risks from models. MRM and model validation regulations.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

JANUARY 24, 2025

They also share tips for managing risk and pricing. As a result, financial institutions with CRE concentrations find it increasingly important to strategically manage the competitive pressures and risks related to origination, refinancing, and loan performance. Managing their current risk is vital, too.

Lending 221

Lending Trends Risk Management Management 221

Abrigo

FEBRUARY 6, 2025

Cannabis-related businesses (CRBs)spanning everything from cultivation to retailrepresent a market in need of lending services, from working capital to real estate and equipment loans. Federal regulations under the Controlled Substances Act (CSA) still classify marijuana as a Schedule I substance, along with heroin and methamphetamine.

Lending 195

Lending Compliance Community Software 195

PYMNTS

JANUARY 20, 2021

Payment companies that already possess state licenses will be given one year to comply with the new regulations. Chinese regulators have since ordered Ant to restructure its business and have launched an antitrust probe into its sibling company, Alibaba , Bloomberg added.

Regulation 175

Regulation Payments Video Groups 175

BankUnderground

APRIL 3, 2025

This post is an example of issues considered under the Prudential Architecture Theme which focuses on the evolving regulatory structures and fresh strategic issues for regulators and supervisors. Loan forbearance features prominently among those interventions by lenders and/or regulators. and depressed capital productivity by 0.5%

Lending 52

Lending Tools Management Policies 52

Abrigo

AUGUST 5, 2020

Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Improving loan grading in a recession. Asset/Liability.

Management 195

Management Risk Management Trends Industry 195

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. ALM 101: Introduction to Asset/Liability Management. This is the fourth post in a series. .

Management 195

Management Meeting Risk Management Operations 195

South State Correspondent

JANUARY 22, 2025

The AI consultant can access your call report history and ingest bank documents, including past strategic plans, vision statements, department goals, and anything else the management team deems necessary. Gen AI excels at distilling options down to recommendations, which is helpful to management teams that are having a hard time deciding.

How To 195

How To Data Training Tools 195

South State Correspondent

MARCH 4, 2025

What are our constraints as to the risk, cost, talent, time, data, technology, regulation, and preexisting commitments? Will capital, for instance, become more expensive or cheaper? products (treasury management, commercial loans, etc.), Are there available technologies that could help solve this problem by implementing them?

Examples 221

Examples Capital Data Case Study 221

Abrigo

NOVEMBER 11, 2019

ALM | 4 minute read Key Takeaways Many financial institutions view asset/liability management as a "check-the-box" regulatory exercise. An extreme focus on using ALM to manage the risk of rising rates means some FIs overlook using ALM to grow earnings and capital, putting them at risk of underperformance.

Management 150

Management FDIC Community Risk Management 150

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk professionals. Indeed, regulators and management alike focused on these risks more and more in 2023 following the failure of Silicon Valley Bank and repeated rate hikes.

Resources 221

Resources Risk Management eBook Strategy 221

Abrigo

MARCH 25, 2022

This ALM 101 post describes the value at risk(VAR)/economic value of equity (EVE) risk perspective (long-term risk to market value of capital). ALM 101: Introduction to Asset/Liability Management. Measuring financial instruments this way gives a management a long-term view of the income statement and exposure to changing market rates.

Management 195

Management Analysis Examples Strategy 195

Abrigo

JUNE 14, 2021

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. As seldom seen from the regulatory authorities, the Guidelines generally defines management as senior leadership, executives, or the board of directors.

Compliance 370

Compliance Training Resources Policies 370

PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

Regulation 141

Regulation Google Report Capital 141

South State Correspondent

MAY 9, 2023

The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely. There is no escaping this conclusion: FDIC insurance promotes risk-taking by managers. economy needs. Again, this may be short-sighted.

FDIC 195

FDIC Regulation Capital Management 195

South State Correspondent

JANUARY 3, 2024

To do this, we teamed up with Jack Hubbard, Managing Partner of the Modern Banker , to bring you our collective favorites. Each book applies to any banker in a management position who faces a customer in the branch or field or any banker thinking about improving organizational performance. This book will be needed by bank CEOs in 2024.

Leadership 370

Leadership Management Strategy How To 370

PYMNTS

FEBRUARY 20, 2020

Indeed, the late payments epidemic is heightening awareness of the importance of cash flow management – but, according to Toni Dare, MD of Pulse Cashflow Finance , full understanding continues to lag, particularly among young businesses. However, many businesses fail because of poor cash flow management.” In the U.K., ”

Management 156

Management Payments Tools Strategy 156

Abrigo

DECEMBER 22, 2023

Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals. Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. The FASB’s description of proposed changes can be found here.

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

MARCH 17, 2022

The Stress Test Scenarios for Big Banks Are Useful for Smaller Institutions' Own Tests Banking regulators recently released the 2022 scenarios for upcoming stress tests by the biggest banks. Prudent stress testing as a risk management tool helps the enterprise see where the potential pitfalls are in their plans. Related Subhead.

Capital 195

Capital Regulation Risk Management Community 195

South State Correspondent

DECEMBER 17, 2024

Community banks are better positioned than many other creditors to follow and adapt to local economies, industries and trends, thereby, being better stewards of capital. We believe that this substantial number of regulated creditors has led to a more vibrant business climate, more access to capital, and higher economic competitiveness.

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Community Bank Community Capital Tools 195