Remove Community Remove Compliance Remove Risk Management
article thumbnail

Generative AI in credit risk management: A game changer for loan review

Abrigo

Generative AI and the new loan review process The evolution of banking and risk management over the past few decades has been nothing short of remarkable. Generative AI in credit risk management is the latest step forward , offering a transformative approach to loan review. Data security is also a major concern.

article thumbnail

Investment accounting compliance: How technology helps

Abrigo

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The resilience of small businesses: Insights for lenders

Abrigo

As rates stay high, concerns about credit risk and borrower health are top of mind for bank and credit union leaders, especially as it relates to lending to small businesses. However, recent data from Abrigo shows that privately held companies across the U.S. are displaying their financial resilience. Nearly all U.S.

Lending 221
article thumbnail

Fraud typologies all financial institutions should know

Abrigo

Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for community banks in 2025. These could be held in a local branch lobby, community center, or place of worship. 880,418 c omplaints were registered, with potential losses exceeding $12.5

Fraud 221
article thumbnail

How to Evaluate Business Lending Software for Your Bank

This eBook explains the features of a Business Lending Platform that community banks should make their top priorities when evaluating any business lending software.

article thumbnail

Celebrating FinCrime Fighter Day: Honoring the heroes of financial security

Abrigo

FinCrime fighters aren’t just checking boxes for compliance. At Abrigo, we’ve always focused on helping financial institutions thrive—not just for their own benefit but for the sake of the communities they serve. Making a difference in communities Banking is more than just numbers and transactions. It’s about relationships.

Security 221
article thumbnail

Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

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. M anaging, not avoiding, small business lending A common reason banks hesitate to expand small business lending is the fear of risk.

Lending 195