Abrigo

MARCH 2, 2023

Experts have highlighted numerous lessons from Southwest’s experience, many of which can benefit bank and credit union executives, regardless of their institution size, as they manage competing priorities for spending and growth initiatives on banking solutions. Remember the Paycheck Protection Program (PPP)?

Technology 195

Technology Lending Community Software 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

JULY 16, 2018

This week, the lucky winner is Macy’s , which disclosed to the world that hackers had obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates as well. As Queen famously sang, another one bites the dust — or as modified for the modern era, another one bites the breach.

Cards 100

Cards Data Retail Digital Banking 100

Independent Banker

FEBRUARY 24, 2016

The quickness with which these Wall Street-driven nonbank lenders—variously called peer-to-peer, online marketplace or financial technology (FinTech) lenders—can fulfill borrowers’ requests has enabled alternative lending to double every year since 2010. FDIC-insured deposits largely solve this problem for banks.

Community Bank 70

Community Bank Community Lending FDIC 70

PYMNTS

OCTOBER 1, 2018

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding.

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

NOVEMBER 24, 2020

Such criteria included: “(1) personal beliefs and opinions on matters of substantive policy that are more appropriately the purview of state and Federal legislatures; (2) assessments ungrounded in quantitative, risk-based analysis; and (3) assessments premised on assumptions about future legal or political changes.”.

Operations 78

Operations Industry Analysis Policies 78

Independent Banker

DECEMBER 13, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Risk levels have a five-point range. The FFIEC is reviewing an Excel version created with banker input. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Risk levels have a five-point range. The FFIEC is reviewing an Excel version created with banker input. Advice for others.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 25, 2015

See “Closing the Gap” in the November 2015 issue, online at www.independentbanker.org.). Unlike highly regulated, FDIC-insured banks, which are subject to strict, expensive security standards designed to protect consumers’ sensitive information, FinTech companies are barely regulated and seldom examined.

Community Bank 70

Community Bank Community Analytics Lending 70

Jeff For Banks

JUNE 2, 2023

According to the FDIC, the causes of the 2008-09 financial crisis lay partly in the housing boom and bust of the mid-2000s; partly in the degree to which the U.S. According to the FDIC, the causes of the 2008-09 financial crisis lay partly in the housing boom and bust of the mid-2000s; partly in the degree to which the U.S.

FDIC 60

FDIC Community Bank Regulation Lending 60

Independent Banker

JUNE 30, 2022

But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. Using FDIC data for 2021, we calculated a lender score out of 100 for each community bank. By Ed Avis. Methodology.

Community Bank 172

Community Bank Community National Philadelphia 172

Independent Banker

FEBRUARY 24, 2016

If you are not able to attend this year’s event, follow the convention online at ICBA’s Facebook page at www.facebook.com/icbaorg , on Twitter with the hashtag #ICBALive16 or on ICBA’s convention Web page at www.icba.org/convention2016. So we want our checking accounts to be FDIC insured. In other words, we expect our products to work.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

CB Insights

JUNE 5, 2018

Virtually all US private sector wage earners receive wages into bank accounts, according to the Global Findex database, which are insured by the FDIC and offer an easy way to earn interest. PayPal is an example of an online payment gateway, while Square is a provider of point-of-sale terminals for brick-and-mortar retailers.

Payments 68

Payments Cards US Mobile 68

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. Numerous regulatory resources go into detail, including fair lending videos from the FDIC and examination procedures published on the Consumer Financial Protection Bureau’s website.

Compliance 195

Compliance Lending Risk Management Regulation 195

Abrigo

SEPTEMBER 14, 2022

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. in-person, phone, mail, online) Application recipient (e.g., Credit Risk Management.

Lending 195

Lending Data Regulation Community 195

Gonzobanker

DECEMBER 19, 2024

Meatiest Marketing Idea Community Financial Credit Union for creating online resources to help survivors of economic abuse. Their parody of The Hangover, which spoofed the regulatory reaction to the financial crisis, remains one of our team’s favorites. And here we thought that Check21 was going to kill kiting in 2002.

Fraud 88

Fraud Fintech Marketing Industry 88