Abrigo

MAY 2, 2024

Boost your small business lending efforts from the bottom up Small businesses play a crucial role in our economy, and one of the critical factors in their success is access to funding. You might also like this guide for smarter, faster small business lending.

Lending 221

Lending Strategy Analysis Policies 221

Abrigo

DECEMBER 29, 2023

Abrigo's most popular whitepapers and checklists on lending and credit risk Abrigo experts' insights on CFPB 1071, loan policies, and risk ratings were popular with banking professionals. Watch NOW Takeaway 1 Abrigo's experts produced many pieces on lending and credit risk to provide strategies and tools to help banking professionals.

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

FEBRUARY 6, 2024

Develop an MBL program while mitigating risk Credit unions looking for alternate paths to growth in today's rising rate environment may be primed to leverage member business lending. Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Lending 221

Lending Risk Management Community Management 221

Bank Innovation

MARCH 9, 2017

Nova competed alongside seven other startups tackling the underbanked in Africa, overdrafts, commercial real estate lending, finance for freelancers, compliance, and blockchain-based lending. Nova Credit took top honors at the PitchIt 2017 competition on Tuesday, a global fintech faceoff sponsored by LendIt and 500 Startups.

Lending 305

Lending Compliance blockchain Fintech 305

Abrigo

AUGUST 19, 2024

A strong BSA prog r am starts with FFIEC compliance Building a robust BSA program means having access to the staffing and resources you need. You might also like this podcast, "Ensuring access to the FFIEC’s suitable resources at your financial institution: What BSA compliance officers need to know.

Resources 195

Resources Compliance Management Training 195

Bank Innovation

APRIL 27, 2018

EXCLUSIVE - Technology services provider Synechron launched a regtech program focused on helping its financial services clients on regulatory compliance issues. The program, which Synechron refers to as its Regtech Accelerator Program, went live yesterday.

Compliance 236

Compliance blockchain Technology Operations 236

Abrigo

FEBRUARY 8, 2022

What NBFIs Should Know About Their AML Programs NBFI AML compliance requirements are top of mind in today's regulatory environment. Consumers are looking for speed without the hassle of mounds of paperwork and lengthy approval processes, whether with deposit or lending accounts. NBFIs’ AML compliance requirements. DOWNLOAD .

Compliance 195

Compliance Training Regulation Fraud 195

Abrigo

APRIL 19, 2022

Credit and Lending Software Overcome Common Lending Problems Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Would you like other articles like this in your inbox?

Lending 195

Lending Software Management System 195

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. In fact, compliance has grown to become a massive responsibility that must be part of every employee’s job. My top three.

Compliance 177

Compliance Community Leadership Industry 177

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Lending 195

Lending Community Bank Community Analysis 195

Abrigo

JUNE 28, 2023

Share these reports on AML activities to inform directors Reporting to the board on AML and fraud compliance is an essential obligation. Why regular reports matter Board reporting on AML compliance activities BSA Officers have a lot of responsibilities. Reporting should represent the risk-based approach to AML/CFT compliance.

Compliance 195

Compliance Fraud Report Trends 195

Abrigo

APRIL 12, 2021

What an LOS Is, and How It Benefits CFIs A loan origination system automates and manages the lending process to address common challenges. Takeaway 1 The lending landscape is increasingly competitive and the process is frustrating. Compliance. You might also like this report on commercial loan automation systems DOWNLOAD.

System 338

System Lending Software Analysis 338

Perficient

JULY 27, 2023

This information can identify areas of need and develop targeted lending programs that address those needs. Additionally, financial institutions can integrate data from their internal systems, such as loan origination and servicing systems, to better understand their lending activities.

Data 221

Data Compliance Community Lending 221

CFPB Monitor

AUGUST 31, 2023

A group of trade associations has sent a letter to CFPB Director Chopra urging the CFPB to address the disparity that has resulted from the order entered by the Texas federal district court in the lawsuit challenging the CFPB’s small business lending rule that granted preliminary injunctive relief only to the plaintiffs and their members. .

Lending 165

Lending Texas Compliance Groups 165

CFPB Monitor

DECEMBER 15, 2022

The Federal Reserve System, through its Consumer Compliance Outlook platform, recently hosted its annual Fair Lending Interagency Webinar. During the session, a variety of fair lending topics were discussed, including redlining, appraisal bias, and Special Purpose Credit Programs (SPCPs),

Lending 146

Lending Compliance System 146

CFPB Monitor

MAY 16, 2022

The CFPB recently issued its annual fair lending report covering its fair lending activity in 2021. . Small business lending—assessing whether there are disparities in application, underwriting, and pricing processes, redlining, and whether there are weaknesses in fair lending-related compliance.

Lending 148

Lending Report Memphis Tennessee 148

Banking Exchange

JANUARY 17, 2022

We don’t tell banks which sectors to lend to”, the Federal Reserve said Risk Management Compliance Feature3 Feature Duties Climate Crisis SRI Exchange Socially Responsible Investing SRI. “That’s not our job.

Lending 147

Lending Risk Management Compliance Management 147

PYMNTS

OCTOBER 12, 2020

Aave recently announced its governance model to help the community access more participation, with old Aave token LEND now able to be swapped for the new Aave token at a ratio of 100 LEND to 1 Aave.

Bitcoin 261

Bitcoin Compliance Lending Regulation 261

Gonzobanker

SEPTEMBER 5, 2024

The two primary issues keeping some lenders from the top of their home equity game are 1) ambiguity in the ownership of their home equity functions and 2) a lack of maturity in their lending systems and processes. Some lenders do a solid job repurposing mortgage lending staff into home equity roles.

Lending 141

Lending System Online Operations 141

PYMNTS

OCTOBER 19, 2020

Google Cloud is aiming to innovate the mortgage industry with its new artificial intelligence (AI) tool called Lending DocAI. They also want a document automation process that helps enhance their current security and compliance posture,” she explained. Lending DocAI is part of Google's Document AI portfolio for the mortgage industry.

Google 264

Google Tools Lending Industry 264

Independent Banker

JANUARY 31, 2022

“There is a lot of time and energy spent, not only making sure that credit decisions are appropriate, but also managing the compliance aspect,” Maher says. Although the surge in PPP lending highlighted a need for loans among underserved borrowers, it also has led to some creative solutions.

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

NOVEMBER 13, 2024

Bank and credit union leaders can use data to inform small business lending Small businesses are showing resilience. 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. Interest coverage ratios have stayed strong.

Lending 221

Lending Meeting Data Risk Management 221

PYMNTS

NOVEMBER 6, 2020

Davies , head of lending at Figure, will spearhead the firm’s initiatives to get a bank charter from the OCC and he will become the Figure Bank chief executive officer, according to Cagney. Financial services firm Figure Technologies, Inc. 6) announcement.

National 163

National blockchain Lending Regulation 163

PYMNTS

DECEMBER 23, 2020

The order indicated that Santander must submit a detailed compliance plan to the CFPB within 45 days. British banks — including Santander, Deutsche Bank, Barclays and HSBC — are reportedly planning internal investigations to ensure fairness in lending during the pandemic.

Report 356

Report Compliance Online Lending 356

Abrigo

FEBRUARY 14, 2023

Takeaway 2 The rule is aimed at tracking small business credits to enforce fair lending laws and ID and support women- and minority-owned small businesses. Abrigo will add functionality to our commercial loan origination system to support upcoming compliance requirements once the final decisions have been made on the CFPB side.

Data 195

Data Lending Compliance Resources 195

Bank Innovation

SEPTEMBER 27, 2016

It’s been a brutal year for the alternative lending industry. Scandals, staff cuts, rate hikes, and recently a Lending Club investment posted its first negative return in five years this August.

Lending 150

Lending Industry Capital Online 150

Chris Skinner

APRIL 18, 2017

He gave me the classic view: “A bank is there to take people’s money and lend it out at a profit, whilst ensuring the risk of non-payment is minimised” No it isn’t, I said. The lending part is now no longer important, as that can be done through alternative media such as peer-to-peer lenders. I argued that it wasn’t too far at all.

Risk Management 321

Risk Management Analytics Lending Software 321

Abrigo

JUNE 18, 2020

15 due to compliance with specific health and safety requirements as outlined in the PPP Flexibility Act. CRE Lending. Lending & Credit Risk. SBA Lending. How the Pandemic and PPP Have ‘Turbo-charged’ New Business Lending Strategies. CRE Lending. Lending & Credit Risk. CRE Lending.

Lending 293

Lending Strategy Risk Management Compliance 293

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance."

Compliance 221

Compliance Community Community Bank Conference 221