CFPB Monitor

SEPTEMBER 8, 2022

In remarks yesterday to The Clearing House and Bank Policy Institute Annual Conference, Acting Comptroller Hsu discussed the growth “of banking-as-a-service (BaaS),” meaning arrangements in which a nonbank offers banking services to its customers as a way of adding value to its products and services.

Fintech 146

Fintech Risk Management Conference Lending 146

Insights on Business

JUNE 18, 2018

At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. Another great session, this one surrounding blockchain, will be hosted by Saket Sinha , IBM Vice President & Partner, Global Banking & Financial Markets for the Blockchain Consortium Governance and Operating Model session.

Conference 70

Conference Fintech blockchain Compliance 70

Abrigo

JUNE 4, 2024

Navigating credit quality, compliance, and technology integration The ThinkBIG conference hosted by Abrigo fosters networking and professional development for bankers. Read some hot topics discussed by the conference's opening panel. Managing this expectation while ensuring liquidity is a significant challenge."

Compliance 221

Compliance Community Community Bank Conference 221

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Abrigo

JULY 20, 2024

Drive growth The big C&I lending wave is coming If opportunities to drive bank or credit union performance are like the waves surfers seek constantly, C&I lending will be the next “bomb,” according to Joel Pruis , Senior Director and Lending & Operations Practice Lead at Cornerstone Advisors.

Lending 195

Lending Risk Management Management Capital 195

South State Correspondent

OCTOBER 26, 2023

Money 20/20 (M2020) is the only conference in the industry where it is both possible and expected to pull off two breakfasts, two lunches, three cocktail parties, and two dinners PER DAY. If this conference is any indication of the economy, businesses are spending, and the economy remains strong.

Conference 221

Conference Las Vegas Fraud Data 221

Jeff For Banks

MARCH 3, 2025

consumers now consider digital banking capabilities essential (Latinia, 2024)while operational pressures require us to do more with less. Efficiency Demands: With 21 branches, we need streamlined operations to compete. Glencoe and Edina) for customer service and operations. Yet, the banking industry is at a turning point.

Community Bank 74

Community Bank Community Minnesota Security 74

Abrigo

MARCH 2, 2015

Recent comments from Darrin Benhart , deputy comptroller for supervision risk at the OCC, highlighted the OCC’s concerns about the evolution of the auto loan market and the risks that are being taken.

Risk Management 150

Risk Management Tools Conference Management 150

PYMNTS

MARCH 17, 2017

Financial service providers must balance “process complexity with funding and risk management,” the executive said. “In The global nature of corporate supply chains, decentralized operations, multiple banking relationships and now a patchwork of technology are driving this inefficiency.”.

Fintech 195

Fintech Innovation Lending Management 195

Abrigo

APRIL 21, 2023

Kirby “If you do it correctly, you can shrink your scope size and look at riskier portfolios,” said Kent Kirby, a retired banker with 39 years of experience in all aspects of commercial banking: lending, loan review, back-room operations, credit policy, portfolio management, and portfolio analytics.

Lending 195

Lending Risk Management Software System 195

Abrigo

NOVEMBER 29, 2021

A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue. Noninterest income drove 20% of community banks' net operating revenue in 2019, down from 22% in 2012, according to a recent FDIC study. Asset/Liability.

Community Bank 195

Community Bank Community FDIC Trends 195

Abrigo

MARCH 24, 2021

“There have just been dozens and dozens of stories of us landing relationships, and in multiple cases, it’s relationships that are several million dollars,” Brian Plum, CEO of Blue Ridge Bank, told an audience at the ThinkBIG conference in September. Meanwhile, businesses that flourished in the pandemic may look to expand operations.

Lending 221

Lending Technology Survey Examples 221

PYMNTS

JANUARY 15, 2019

billion from the third quarter driven by seasonality as well as growth in active accounts including the Propel card,” CFO John Shrewsberry said during a conference call Tuesday after the earnings release. Our corporate risk management team members grew by approximately 1,300, or 15 percent in 2018.”.

Cards 108

Cards Conference Risk Management Mobile 108

PYMNTS

JANUARY 15, 2019

billion from the third quarter, driven by seasonality as well as growth in active accounts, including the Propel card,” said CFO John Shrewsberry during a conference call on Tuesday after the earnings release. Our corporate risk management team members grew by approximately 1,300, or 15 percent, in 2018.”.

Cards 115

Cards Conference Risk Management Mobile 115

Abrigo

OCTOBER 20, 2020

Now more than ever, financial institutions are looking for guidance on strategies and best practices to support growth and profitability while mitigating risk in this turbulent economy. More than 500 banking professionals across the country gathered for a two-day 2020 ThinkBIG: Manage Risk. Drive Growth. learn more.

Management 195

Management Lending Community Strategy 195

Insights on Business

JANUARY 17, 2019

And the conference holds an impressive line up of education and activities for financial leaders focused on: Reshaping the customer experience with new business models supporting an integrated ecosystem-based marketplace. Digitally transforming operations, operating models and technologies to compete in a changing industry structure.

San Francisco 93

San Francisco CA social media blockchain 93

CFPB Monitor

JULY 27, 2020

Through intermediated exchanges of payments, banks facilitate the flow of funds within our economy and serve important financial risk management and other financial needs of bank customers. It makes the “suggestion” to confer first with the OCC before onboarding any cryptocurrency clients.

National 113

National cryptocurrency Risk Management Regulation 113

South State Correspondent

MAY 9, 2022

The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves.

Technology 195

Technology Customer Experience Data Training 195

PYMNTS

AUGUST 30, 2018

29), CEO Christian Sewing defended his growth efforts at a recent banking conference. bond trading, as well as its operations serving hedge funds. It would be “too risky” to allow non-European banks to lead the way of financing and risk management in Europe, Sewing added.

Leadership 100

Leadership Risk Management Conference Report 100

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Risk Ratings. We know 2020 stunk,” he said.

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

During Abrigo’s recent ThinkBIG Conference, credit underwriting and loan portfolio risk management trainer and consultant Michael Wear , CRC , of 39 Acres Corp. Lending & Credit Risk. Credit Risk Management. Lending & Credit Risk. Risk Ratings. We know 2020 stunk,” he said.

Lending 195

Lending FDIC Capital Risk Management 195

PYMNTS

JULY 30, 2018

That was one of the main messages from a recent PYMNTS interview with Karl Schamotta, Regional Director, Risk Management Solutions at Cambridge Global Payments , a payment services and technology firm that helps digital businesses with cross-border transactions, currency exchanges and the hedging process. What’s good for the U.S.

Risk Management 100

Risk Management Operations Company Conference 100

PYMNTS

AUGUST 25, 2016

If it sounds a bit familiar, it is probably that the service has been operating for several years under the name clearXchange. Early Warning specializes in fraud prevention and risk management with a focus on providing instant money transfers among big banks.

Millennials 100

Millennials United States Mobile Risk Management 100

PYMNTS

FEBRUARY 9, 2017

Since the 2016 Payments conference, Stone said that his bank has been “enhancing our risk management capabilities associated with ACH processing. As a remedy, he told PYMNTS, “risk management, through enhanced forms of authentication and real-time payment profiling on the front end, must replace some traditional risk tools.

Security 100

Security Risk Management Conference Industry 100

Abrigo

JANUARY 7, 2021

But among the types of other expenses now included in those considered covered by PPP loans: Operations expenditures: Business software; cloud computing services; product or service delivery; payroll expense processing, payment, or tracking; human resources, sales, and billing functions; accounting or tracking of supplies and inventory.

Taxes 195

Taxes Lending Connecticut Capital 195

Abrigo

JULY 28, 2021

Community financial institutions required to complete the current expected credit loss (CECL) standard implementation by 2023 are undoubtedly busy managing record-low net interest margins, pandemic-related uncertainties, and operational issues, as well as their own strategic initiatives. Portfolio Risk & CECL. Start now.” “At

Resources 195

Resources San Antonio Data Regulation 195

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

PYMNTS

FEBRUARY 1, 2018

During the conference call with analysts, management quantified the impact of eBay’s move, which initially will take as much as three to five cents a share off non-GAAP earnings, but will in the long run, according to management, benefit both the top and operating lines.

Payments 104

Payments Conference Management Operations 104

Insights on Business

OCTOBER 16, 2018

As we head into Money20/20 next week, I want to make sure you are aware of the best ways to engage with IBM at the conference. For those in marketing, data and analytics roles who have business operations responsibility. Craig Rector, IBM Offering Management, Commercial Payment Solutions. 12:00-12:55 PM. 1:00-1:45 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

Boston 100

Boston Fintech Innovation Conference 100

FICO

DECEMBER 2, 2020

New dates have been announced for FICO World 2021 , the Decisions Conference. . The world’s economy has changed, consumer behavior has changed and your operations have changed — at FICO World 2021, we’ll explore best practices and ideas for the new normal. FICO World 2021. November 8-11, 2021. Orlando, FL.

Risk Management 52

Risk Management Conference Strategy Analytics 52

Gonzobanker

MAY 21, 2019

While the Acme team knows parts of the business well, this bank operates primarily with a Day 2 “stasis” mindset. Transformation Recommendations : Implement an R&D approval process with CEO/COO that escalates ideas above operating budget – require Objectives and Key Results (OKRs) for each project.

Customer Experience 112

Customer Experience Analytics Management Operations 112

Insights on Business

FEBRUARY 15, 2018

To help risk and compliance professionals understand the opportunities and navigate the fundamental changes happening to our business, IBM has designed a RegTech-focused curriculum for the upcoming Think 2018 conference happening March 19-22 in Las Vegas, NV. Think is the event where the problems of tomorrow meet the minds of today.

Las Vegas 87

Las Vegas Compliance NV Meeting 87

Gonzobanker

MARCH 25, 2020

Decisions are being made on conference calls, not in meetings. Financial institutions in the middle of system selections and implementations have not, to this point, slowed down the processes. System demonstrations continue, but often via WebEx in lieu of on-site. Vendor implementations have continued with less on-site time.

San Francisco 130

San Francisco Meeting Phoenix Training 130

PYMNTS

JULY 13, 2018

“Our goal is not only to meet but exceed regulatory expectations, so that we have the best risk management in the industry,” he said during a morning conference call with analysts, adding that the bank has done a good job in managing risk in certain areas.

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

MAY 2, 2019

I recently talked about synthetic auto loan fraud with executives from Santander Bank and GM Financial at the AFSA Vehicle Finance Conference , on a panel discussion about cybersecurity and third-part risk management (TPRM). Sometimes these parties are business partners operating in the same automotive ecosystem.

Fraud 70

Fraud Data Risk Management Cyber Security 70