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." Have a playbook.

Risk Management 195

Risk Management Management Policies Lending 195

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance.

Policies 158

Policies Compliance Mobile Survey 158

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. Automated risk management solutions can be helpful in theory.

Compliance 191

Compliance Risk Management Training Analysis 191

South State Correspondent

MARCH 24, 2025

In this challenging environment, bankers have an unparalleled opportunity to step forward as trusted advisors, providing valuable guidance, innovative financial structures, and prudent risk management to support both their bank and commercial customers.

Risk Management 195

Risk Management Resources Management Marketing 195

Abrigo

AUGUST 1, 2022

What are model risk management and model validation? Model risk management (MRM) is a framework of systemic oversight of the models a financial institution or organization relies on for financial reporting, decision-making, and other critical purposes. Model governance overview. Federal guidance. Validation teams.

Risk Management 195

Risk Management Management Regulation Analysis 195

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Risk Management 150

Risk Management Management Analysis Resources 150

Abrigo

MARCH 21, 2023

If an institution wasn’t fully prepared, however, it can nevertheless meet its goals using tailored asset/liability management (ALM) strategies. There are typically two schools of thought around regulatory compliance among financial institutions and their leaders.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

SEPTEMBER 6, 2024

Updated AML/CFT programs: If their financial institution is involved in any part of the covered transaction, such as providing escrow services, AML/CFT professionals must ensure that real estate professionals and advisers are fully integrated into their institution’s compliance framework.

Compliance 195

Compliance Training Fraud Regulation 195

Perficient

JANUARY 16, 2024

Clear Policies and Procedures: Establishing clear guidelines and protocol practices is crucial in safeguarding your business. Regularly review and update policies annually to ensure compliance with current rules and regulations. Ensure all employees , including senior management , are aware of and adhere to those policies.

Compliance 221

Compliance Guidelines Policies Risk Management 221

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

JUNE 17, 2020

Buyers and suppliers alike want a comprehensive supplier management policy to generate sustainable business relationships, compliance and process excellence.” ” Supply chain managers are thinking of new ideas amid the global pandemic.

Risk Management 141

Risk Management Management Policies Compliance 141

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. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool." Here are the top resources.

Resources 221

Resources Lending Risk Management Policies 221

Abrigo

JANUARY 17, 2025

Abrigos core deposit advisory team and valuation team are able to help ensure CDIs are valued appropriately, assist financial institutions in managing fair value calculations, and ensure compliance and operational efficiency. Optimize ALM operations and tailor them to your unique bank or credit union.

Strategy 195

Strategy Guidelines Management Operations 195

Abrigo

FEBRUARY 6, 2024

Takeaway 3 The specific policy areas outlined below should be carefully considered by credit unions engaged in member business lending. In this blog post, we will delve into the strategies and policies credit unions can adopt to ensure the success and profitability of their MBL programs. Takeaway 2 Start slow.

Lending 221

Lending How To Risk Management Policies 221

Insights on Business

JULY 17, 2019

Our goal has always been to provide our customers with the tools and insights that help them meet their governance, risk and compliance (GRC) needs, and we do so, by leveraging the innovation of IBM within a single ecosystem. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

Risk Management 110

Risk Management Management Report Compliance 110

Perficient

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Impacted institutions are subject to significant fines relative to the level of non-compliance identified by the regulators.

Compliance 221

Compliance New York Regulation Analysis 221

Abrigo

SEPTEMBER 23, 2024

Visualize your data, access benchmarks, and streamline reporting learn more talk with an expert Webinar Commercial Lending Credit Risk Management Lending & Credit Risk When good loans go bad: Managing problem and distressed loans Learn More Webinar Commercial Lending Lending & Credit Risk Small Business Lending Answering your top CFPB 1071 (..)

Lending 221

Lending Trends Risk Management Data 221

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

New York 221

New York Compliance Regulation Analysis 221

PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle.

Policies 123

Policies Compliance Regulation Innovation 123

PYMNTS

JANUARY 7, 2021

A representative for AmEx told WSJ, “We have robust compliance policies and controls in place, and do not tolerate misconduct.” The paper reported that the Office of the Comptroller of the Currency (OCC) is looking into business card sales tactics at the company as well, citing unnamed sources.

Cards 242

Cards FDIC Policies Risk Management 242

Jack Henry

JUNE 1, 2020

Governance, Risk, and Compliance (GRC) is a strategy to effectively manage enterprise risk in order to achieve compliance with policies, laws, and regulations.

Compliance 149

Compliance Risk Management Strategy Policies 149

Abrigo

MAY 2, 2024

DOWNLOAD Takeaway 1 Your loan policy sets the tone for the institution's approach to risk appetite, risk tolerance, lending philosophy, and organization of the lending function. Policies and procedures Importance of loan policy When it comes to small business lending, the importance of a bank's loan policy cannot be overstated.

Lending 221

Lending Strategy Analysis Policies 221

ABA Community Banking

NOVEMBER 14, 2014

Ongoing debate makes bank policy-setting hazy Compliance Risk Management BSA/AML Compliance/Regulatory. 1Compliance'

Compliance 81

Compliance Risk Management Policies Management 81

Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. These tips can help ensure compliance while improving your offerings. This step sets the foundation for effectiv e risk management by understanding the unique challenges associated with the product.

Fraud 221

Fraud Risk Management Training Software 221

Abrigo

DECEMBER 22, 2023

Reduce operating cost while ensuring loan policy consistency. keep me informed download How to create a sound credit risk rating system Banks and credit unions often use a standardized risk rating system for internal monitoring of credit risk. Community lending software can help get you there.

Lending 221

Lending Risk Management Community Management 221

Abrigo

DECEMBER 5, 2023

AML Compliance Ten qualities of a successful BSA officer Hiring a Bank Secrecy Act (BSA) Officer for a financial institution involves looking for a unique experience level and skillset that ensures compliance with the BSA and related regulations. This includes training staff on BSA/AML policies and fostering a culture of compliance.

Training 221

Training Compliance Regulation Software 221

Independent Banker

SEPTEMBER 25, 2014

This is particularly true for community banks preparing to undergo their next regulatory safety and soundness or compliance examination. As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”.

Compliance 101

Compliance Regulation Community Bank Community 101

Abrigo

AUGUST 7, 2023

Applying model risk management to CECL What's involved in CECL model validation? Learn what banks, credit unions, and others subject to CECL accounting can expect from this risk management process. Model validation is a crucial aspect of model risk management.

Risk Management 195

Risk Management Handbook Analysis Management 195

Abrigo

DECEMBER 30, 2019

Institutions must create a strong culture of compliance. Creating a Culture of Compliance. One of the more important takeaways from 2019 is that all institutions, regardless of size or risk profile, must have a strong culture of compliance, as directed by FinCEN’s advisory in 2014. Ensure There Are Adequate Resources.

Training 195

Training Compliance Leadership Fraud 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech in banking and finance. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Using regtech in banking With new federal regulatory and compliance challenges like the CFPB rule on the horizon, more and more community financial institutions are exploring regtech for banks to enhance their processes. What is regtech?

Technology 195

Technology Fraud Compliance Regulation 195

Insights on Business

FEBRUARY 27, 2018

A common assumption in risk and compliance is that financial institutions typically have to spend more to meet their regulatory obligations. They demonstrated their new approach to achieving compliance through technology at IBM RegTech Europe in London. “Meaning, [regtech] is a teammate.

Compliance 98

Compliance Risk Management Management Regulation 98

Abrigo

FEBRUARY 16, 2024

Clearly defined policies and procedures can help avoid confusion and streamline credit operations. Assess and control key risk areas with an effective credit policy. Get details in "A guide to implementing credit policy." Discover options for loan policy review assistance. Talk to a specialist to learn more.

Training 195

Training Risk Management Analysis Policies 195

Insights on Business

OCTOBER 23, 2019

IBM OpenPages with Watson has been named one of the 2019 Gartner Peer Insights Customers’ Choice for Integrated Risk Management Solutions. We have been named as a Leader in the 2019 Gartner Magic Quadrant for Integrated Risk Management Solutions as well as a Leader in the 2019 Gartner Magic Quadrant for IT Risk Management.**.

Risk Management 125

Risk Management Compliance Management Policies 125

CFPB Monitor

DECEMBER 20, 2021

On December 16, 2021, the Office of the Comptroller of the Currency (“OCC”) released draft principles for climate-related financial risk management for large banks. Transition risks are those caused by shifts in policy, consumer and business sentiment, and technologies in conjunction with necessary measures to limit climate change.

Risk Management 78

Risk Management Management Policies Operations 78

Abrigo

AUGUST 8, 2021

Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. Takeaway 2 However, a loan review or credit risk review program should accomplish several key objectives. It also monitors compliance with applicable regulations and laws. What is a credit risk review policy?

System 195

System Lending Policies Regulation 195

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS.

Fintech 141

Fintech Risk Management Compliance Management 141