Remove Community Remove Exercises Remove National
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. Staying on top of fraud is a full-time job. Let our Advisory Services team help when you need it.

Fraud 221
article thumbnail

Love and lies: How financial institutions can help prevent confidence scams

Abrigo

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
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to reduce the regulatory burden on community banks

Abrigo

In recent months, the momentum around reducing the regulatory burden on the nation’s community banks has continued to gain steam. However, the regulatory landscape continues to evolve, leaving resource-constrained community banks to cope with new demands. The second idea is community bank exemption from the Volcker Rule.

article thumbnail

Building A Digital And Subscription Community For Hockey Parents

PYMNTS

He sees it less as a group and more of a community. Laine says that the company built the community into a place that provides value through content as well as deals. There is also a secondary item, which could be a product that is more aligned with stretching exercises, rehabilitation, or general fitness, such as a jump rope.

Community 161
article thumbnail

How to Choose a Hedge Provider as a Bank

South State Correspondent

Last week we wrote about loan-level vs. balance sheet hedging for community banks and provided our loan proposal generator ( HERE ). We compared and contrasted the two strategies and sized the market for community banks. A community bank may transact one or only a few balance sheet hedges over many years.

How To 195
article thumbnail

Here is the Cost and Risk of Lending Optionality

South State Correspondent

In finance, optionality is an asset (has value) for the person who an exercise the option, while the person who gave the option has the liability. The only time banks can exercise this right is during a credit event. This reduction represents 23% of the average NIM for community banks. First is a declining balance provision.

Lending 195
article thumbnail

Virgin Money Buyout By CYBG Receives All-Clear

PYMNTS

“Today marks an historic milestone for CYBG and Virgin Money , creating the first true national competitor to the status quo in U.K. banking, with a clear ambition to provide customers with the best service in the U.K.,” ” said Duffy in a statement.

Exercises 166