Abrigo

FEBRUARY 12, 2025

Community financial institutions have the expertise and local ties to support small businesses, but outdated processes and risk-averse approaches often slow down their loan decisioning. Understand and meet borrower expectations For community financial institutions (CFIs), small business lending presents both a challenge and an opportunity.

Lending 195

Lending Risk Management Community Fintech 195

Abrigo

NOVEMBER 2, 2021

Culture of compliance is crucial to BSA/AML programs Culture of compliance within the BSA/AML framework is not new and was first introduced by FinCEN in 2014. Takeaway 2 Poor culture of compliance will result in shortcomings in a financial institution's BSA/AML program. A strong culture of compliance is crucial.

Compliance 195

Compliance Regulation Resources Policies 195

PYMNTS

NOVEMBER 6, 2020

has sought a national bank charter from the Office of the Controller of the Currency (OCC), which will let it meet “promises of efficiency, affordability and financial inclusion,” according to a Friday (Nov. Financial services firm Figure Technologies, Inc. 6) announcement.

National 163

National blockchain Lending Regulation 163

Independent Banker

JANUARY 31, 2022

Here’s how four community banks are thriving in this environment. Clearly, community banks in the region have plenty of opportunities to do what they do best: forge deep and lasting relationships with their customers and communities. These include family-owned businesses, community businesses and operating companies.

Texas 182

Texas San Antonio Community Bank Community 182

Abrigo

AUGUST 31, 2023

Teaching staff these KYC tips to make clients feel more comfortable In 2023, KYC procedures must both support CDD compliance and make sure your institution is a welcoming place for all customers. From a community perspective, forcing individuals into culture-specific naming conventions strips customers of their identity.

Compliance 195

Compliance Community System Training 195

Abrigo

FEBRUARY 6, 2025

Connect with an expert Red flags of a confidence scam To help clients and community members recognize and avoid confidence scams, financial institutions should educate them on the following warning signs: Too good to be true: If the person you're communicating with seems too perfect, be cautious.

Fraud 221

Fraud social media Software Video 221

Abrigo

JULY 16, 2021

Takeaway 2 Regulations haven't been written, but there are steps community financial institutions can take now to prepare. Currently, the accompanying regulations have not been written, so what should community financial institutions take away from these priorities now? financial system and national security. financial system.

Community 195

Community Regulation Training Policies 195

Abrigo

JULY 23, 2015

But community banks’ resources are generally less of their larger counterparts, so beginning, keeping up with or expanding stress testing can be a burden. The authors recommended a four-step process for community banks to develop a sound stress testing program: 1. Understand your portfolio and its risk factors. Ensure proper data.

Community Bank 150

Community Bank Community Data Resources 150

Abrigo

FEBRUARY 27, 2025

Reach out to the community by offering complimentary fraud education opportunities at community centers and places of worship or invite attendees to a branch for an in-depth fraud session. Banks and credit unions should educate clients on how these scams operate and encourage them to verify all wire requests independently.

Fraud 195

Fraud How To Strategy Security 195

Independent Banker

NOVEMBER 30, 2021

Premium benefits packages, professional development and TLC during the pandemic—this year’s winners do everything in their power to keep their community bankers happy and fulfilled. We asked both leaders and staffers to tell us what makes their community banks stand out as employers. Key Community Bank: Leading by example.

Community Bank 164

Community Bank Community Texas Leadership 164

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

Community Bank 150

Community Bank Community Survey FDIC 150

PYMNTS

APRIL 8, 2019

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He

National 122

National New York City New York Leadership 122

Perficient

DECEMBER 27, 2023

YOU MAY ENJOY: Regulatory Reporting in Financial Services Modernizing CRA Regulations Managing compliance risk frameworks in alignment with existing risk profiles is crucial as customer needs evolve. The effective date of the new rule is April 1, 2024, with key provisions taking effect on January 1, 2026, and January 1, 2027. Banks

Compliance 221

Compliance FDIC Regulation Fraud 221

Abrigo

JANUARY 17, 2024

Takeaway 2 AML staff should recognize human trafficking red flags and know their customers well to help detect suspicious activity in their communities. One issue that hurts people and communities everywhere is human trafficking, and January is Human Trafficking Awareness Month.

Training 259

Training Community Software Texas 259

Perficient

JANUARY 28, 2021

You can get involved at home, at work, and in your community. Learn more about Data Privacy Day , including Privacy Tips for Parents and the chance to quiz yourself with the National Privacy Test and Google Phishing Quiz. See open jobs or join our talent community for career tips, job openings, company updates, and more!

Data 535

Data Security Software Community 535

Independent Banker

SEPTEMBER 25, 2014

Anticipating what’s new for your community bank’s next field examination. This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As Barr points out, most community banks—close to 75 percent—are now growing their loan portfolios.

Compliance 101

Compliance Regulation Community Bank Community 101

Banking Exchange

JANUARY 16, 2023

Merchants & Marine Bank and City National Bank have launched separate initiatives to support small businesses and local communities Community Banking Feature3 Feature Small Business Customers People Consumer Compliance

Community Bank 136

Community Bank Community Compliance National 136

Independent Banker

DECEMBER 31, 2021

Independent Banker ’s annual Community Bank CEO Outlook survey reveals how community bank leaders plan to leverage today’s deposit-laden banking environment to grow this year. Janet Silveria, Community Bank of Santa Maria. So, what’s at the top of community bank leaders’ to-do lists? What changes will 2022 bring?

Community Bank 144

Community Bank Community Lending Louisiana 144

Independent Banker

DECEMBER 31, 2022

Community banks must continue to stay focused on regulatory discussions and remain nimble to respond to proposals and address requirements quickly and accurately. The FDIC issued guidance about the consumer compliance risks associated with assessing NSF arising from the re-presentment of the same unpaid transaction. Quick Stat.

Compliance 100

Compliance FDIC Community Bank Community 100

South State Correspondent

JANUARY 16, 2024

We published various articles comparing community bank alternatives to LIBOR (such as SOFR, Ameribor, Fed Funds, and Prime). We believe that daily and term SOFR offer community banks the safest and most dependable index for benchmarking profitability, pricing loans, and hedging interest rate risk. No ISDA documents.

Community Bank 195

Community Bank Community Compliance CA 195

Abrigo

AUGUST 13, 2024

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. The Community Bank Podcast 10. or those primarily focused on the domestic banking market. banks and credit unions can be difficult.

Fraud 221

Fraud Community Community Bank Lending 221

Banking Exchange

JANUARY 25, 2023

Biggest regional banks should be held to same standard as the largest national institutions, says ICBA Community Banking Feature3 Feature Retail Banking Compliance Compliance/Regulatory

Community Bank 78

Community Bank Community Compliance Regional 78

PYMNTS

JANUARY 31, 2019

the Federal Reserve’s Faster Payments Task Force published a report last April urging the nation to review the current regulatory landscape. But information about a transaction can often start out limited, degrading as funds move in the cross-border journey, said Delingpole, making KYC and AML compliance all the more difficult.

Fraud 182

Fraud Payments Compliance Regulation 182

American Banker

NOVEMBER 11, 2024

With plans to open 100 banking centers in "banking deserts," the $3 trillion JPMorgan Chase is arguably the nation's largest community bank. Other big banks should take notice and follow suit, and regulators should encourage them.

Community Bank 83

Community Bank Community America National 83

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. American Bank, National Association.

Community Bank 172

Community Bank Community National Philadelphia 172

American Banker

MARCH 26, 2024

The credit card giant says that it is "proactively meeting" with advocacy organizations to gather feedback that would help with the creation of a community benefits plan. The National Community Reinvestment Coalition, which has negotiated 21 such deals since 2016, opposes Capital One's proposed acquisition of Discover.

Community 80

Community Capital Meeting National 80

PYMNTS

APRIL 8, 2020

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. With a focus on compliance, Wolters Kluwer revealed its new solution to enable financial institutions issue PPP loans to small businesses.

Lending 245

Lending Fintech America Technology 245

Abrigo

JANUARY 30, 2024

REGISTER Takeaway 1 Banking and compliance professionals rely on ThinkBIG to elevate their understanding of industry shifts and regulatory pressures. Banking and compliance professionals rely on the annual conference to elevate their understanding of industry shifts and regulatory pressures that hammer them daily.

Conference 195

Conference Arizona Phoenix Fraud 195

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. For community banks who are known for putting their customers first, this could be an area of concern.

Community Bank 91

Community Bank Community Fintech Guidelines 91

American Banker

OCTOBER 20, 2023

The National Community Reinvestment Coalition and the American Bankers Association have sent dueling letters to the Federal Reserve over whether NCRC advocates pressured ABA member banks to denounce the ABA's litigation against the Consumer Financial Protection Bureau.

Community 83

Community Groups National Policies 83

PYMNTS

FEBRUARY 8, 2019

The emails were reportedly only sent to certain anti-money laundering (AML) contacts, leading some to question if the National Credit Union Administration (NCUA)’s non-public data had been accessed, Krebs On Security reported. In a reported phishing campaign that began last month, Bank Secrecy Act (BSA) officials at credit unions in the U.S.

FDIC 134

FDIC Community Community Bank National 134

PYMNTS

NOVEMBER 3, 2017

Small Business Administration (SBA) is reportedly working with local chambers of commerce, banks and technology companies to increase awareness of cybersecurity and data protection in the SMB community, reports said. Meanwhile, the House of Representatives passed a bill last month providing cybersecurity guidance to U.S.-based based SMBs.

Data 108

Data Compliance Security Regulation 108

Abrigo

FEBRUARY 27, 2020

Mosier will oversee FinCEN’s work to protect the financial integrity and national security of the United States by advancing the agency’s engagement with new technologies within the financial industry. So, what exactly is machine learning in the context of AML compliance?

Innovation 195

Innovation Software United States Compliance 195

American Banker

MAY 13, 2020

The Independent Community Bankers of America refused to rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.

Community 78

Community Community Bank Regulation America 78

PYMNTS

DECEMBER 5, 2019

It is said to be one of the quickest-growing blockchain clusters in the nation. The area is based in an internet industrial park called the Hainan Resort Software Community (RSC). The community also rolled out a “Secure, Sharing, Compliance+” action plan.

blockchain 132

blockchain Industry Bitcoin Community 132

PYMNTS

JULY 7, 2020

The letter, from RILA President Brian Dodge , was addressed to National Governor’s Association Chair Lawrence Hogan (MD) and Vice Chair Andrew Cuomo (NY), asking them to push for specific and consistent mask mandates. RILA has finally had enough of the trend, and asked two governors for help in a letter released on Tuesday morning (July 7).

Retail 151

Retail Groups social media Policies 151

CFPB Monitor

OCTOBER 4, 2022

As of 2021, Lakeland’s Community Reinvestment Act (CRA) assessment area included majority-white areas of Essex, Somerset, and Union counties and excluded the portions of those counties that contain majority-Black and Hispanic neighborhoods.

New Jersey 147

New Jersey Lending Community National 147