Abrigo

FEBRUARY 21, 2025

Here are five ways financial institutions can make the most of their CECL data to help with competitive positioning, more effective pricing, asset/liability management (ALM), and other decision-making: Peer analysis and comparison We often categorize data into two types: raw/input data and the output, or enriched data.

Data 195

Data Comparison Study Trends 195

Abrigo

JULY 19, 2016

The 2016 Risk Management Summit features experts from the American Bankers Association, CliftonLarsonAllen, Crowe Horwath, Grant Thornton, KPMG, and Promontory Financial Group, among others. For more information on the 2016 Risk Management Summit , or to register, visit Sageworks.com/Summit.

Risk Management 150

Risk Management Management Analysis New York 150

Abrigo

DECEMBER 20, 2024

Based on comments from the Abrigo Advisory Services team and our bank and credit union clients, executives will have their work cut out to manage profitability, balance sheet growth, and credit risk. Still-elevated interest rates are running into declining consumer purchasing power, which stands to add pressure to credit risk.

Management 195

Management Risk Management Trends Lending 195

Abrigo

SEPTEMBER 24, 2015

The Financial Accounting Standard Board’s proposed move to the current expected credit loss, or CECL, is top of mind for many of the bankers and industry experts attending the 2015 Risk Management Summit presented by Sageworks. In the meantime, though, he said institutions should be gathering data now.

Risk Management 150

Risk Management Management Conference Data 150

Abrigo

JANUARY 24, 2025

Origination pressures for financial institutions Trepp manages a data consortium that includes $300 billion in CRE held in total by some 25 banks. Among that group, CRE origination volumes by mid-2024 had fallen to levels 58% below pre-COVID averages in 2019. Takes one bad pricer to make everybody a bad pricer.'

Lending 221

Lending Trends Risk Management Management 221

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. Some roles and responsibilities of executives and groups within the organization were also changed.

Risk Management 100

Risk Management Management Compliance Groups 100

Abrigo

OCTOBER 22, 2024

These professionals rarely get the spotlight, but they are the first line of defense against threats like identity theft, drug traffickers, and terrorist groups. Our intelligent fraud detection software and risk management tools help fraud professionals in their fight against financial crime.

Security 221

Security Fraud Community National 221

Cisco

JUNE 7, 2022

While operational risk is not a contributing factor in a pandemic, the COVID-19 pandemic’s impact on financial services’ digitization does correlate with a material rise in cyber risk. It also put an even greater emphasis on cyber risk management within institutions and financial regulatory agencies.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Perficient

APRIL 2, 2021

The agencies collectively announced a request for information (RFI) to gain input from stakeholders including financial institutions, trade associations, and consumer groups. Risk Management. AI may be used to augment risk management and control practices. Office of the Comptroller of the Currency (OCC).

Regulation 309

Regulation Industry Risk Management Analysis 309

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. Digitalization brings along risks like IT security, Cybersecurity, etc. For more information.

Risk Management 110

Risk Management Management Report Compliance 110

Abrigo

AUGUST 4, 2016

Attendees of the Sageworks Risk Management Summit (September 14-16) this year have the opportunity to attend a pre-conference meeting with other Sageworks ALLL users for networking, best-practice sharing and solution training. The ALLL User Pre-Conference will take place Wednesday, Sept. 14 from 8 a.m. to 12:30 p.m.

Conference 150

Conference Groups Training Risk Management 150

PYMNTS

AUGUST 5, 2019

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. The company’s cloud-based treasury risk management platform features proprietary worldwide capital flow forecasting programs, as well as productivity-boosting workflow models. “We

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug.

Groups 178

Groups Payments Risk Management Cards 178

PYMNTS

FEBRUARY 13, 2020

WFSC joins existing investors SBI Group and Santander InnoVentures. The funds are also being used to accelerate the launch of its new risk management solution, Elliptic Discovery. . Elliptic, founded in 2013, has become known for cryptocurrency platform tools that help find and block illicit transactions.

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

Abrigo

OCTOBER 21, 2024

However, given recent industry and employment trends as well as limited resources, the workout/restructure of the problem loan could be managed by the same individual or group that originated the loan. Ideally, the institution will also transfer the problem loan to a specialized loan workout professional at the institution.

Strategy 195

Strategy Management Taxes Meeting 195

Abrigo

DECEMBER 22, 2023

In this article, lending and credit risk expert Dev Strischek of Devon Risk Advisory Group outlined the keys to construction loan success. Read the blog for information that can help lenders avoid risk before the project begins by planning ahead at the closing table.

Lending 221

Lending Risk Management Community Management 221

PYMNTS

JULY 6, 2020

On the corporate side, moneycorp said it will be working with clients seeking “risk management hedging solutions” to help buffer the impact from “volatile currency markets,” the company said in its press release.

Risk Management 198

Risk Management United States America Management 198

Abrigo

OCTOBER 8, 2014

Risk management. To attract new customers and grow loans, Early suggests a two-step process: First, ask customers about their needs by holding focus groups or distributing online surveys, then use that information to address the specific needs of your community. Managing Risk. Risk management reporting.

Community Bank 191

Community Bank Community Strategy Risk Management 191

PYMNTS

DECEMBER 16, 2016

The tool also charts how specific groups of consumers are faring in financial markets. The CFPB said it plans to include other consumer credit products and information on credit applications, delinquency rates and consumer debt levels in the future.

Tools 100

Tools Risk Management Cards Management 100

CFPB Monitor

APRIL 10, 2019

in sponsoring a webinar, “Banking and regulatory expectations in today’s third-party risk management world,” to be held at 2 p.m. Hosted by American Banker , the webinar will feature Glen Trudel, a partner in Ballard Spahr’s Consumer Financial Services Group, and Branan Cooper, Venminder’s Chief Risk Officer.

Risk Management 87

Risk Management Management Groups Data 87

South State Correspondent

MAY 7, 2024

However, Republic Bank’s loan portfolio mix is not dissimilar to its peer group, and there was no credit stress in that loan portfolio. Almost half of its loan portfolio had over 5Y fixed rate repricing (almost double its peer group). Here the bank had duration that was again double its peer group’s average (see graph below).

Risk Management 195

Risk Management Security Management Groups 195

Banking Exchange

MARCH 23, 2020

Trade groups want regulators to delay the introduction of CECL rules and changes to emergency loan programs Compliance Risk Management Compliance Management Compliance/Regulatory Feature3 Feature The Economy.

Groups 78

Groups Risk Management Compliance Regulation 78

Perficient

JUNE 19, 2024

Frequency of Controls Testing In one roundtable discussion entitled “How to create great RCSA controls” , the group leader asked how many of the 200+ risk professional participants present considered RCSA testing an annual “check the box” exercise. Many hands rose immediately.

Exercises 221

Exercises Compliance Risk Management Video 221

Perficient

FEBRUARY 24, 2025

Learn More: Optimize Every Touchpoint Wealth Management Trend #2: Client Advisor Empowerment Empowered client advisors drive AUM growth. Wealth managers, meanwhile, aim to boost advisor collaboration and, together, grow their book of business.

Trends 221

Trends Management Strategy Analytics 221

FICO

OCTOBER 22, 2020

Home Credit Group , which lends to underserved customers with little or no credit history, has chosen FICO® Decision Optimizer , part of the FICO® Platform , to further improve its lending offers in multiple markets.

Groups 96

Groups Lending Risk Management Analytics 96

Perficient

AUGUST 16, 2023

In 2011, Hanes put together a local investment group that purchased the bank from its former holding company, and he became President and CEO of the new bank. To speak to a Perficient consultant about RCSA or any of Perficient’s risk management and regulatory capabilities, click here.

United States 221

United States Kansas FDIC Risk Management 221

Perficient

AUGUST 15, 2024

– These are the exact words (with a couple of expletives, that I cannot quote here) – a senior fund administrator from a large investment firm uttered when we were presenting about environment aware financial risk management. How does it impact me?

Risk Management 221

Risk Management Resources Regulation Community 221

PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. And units of Tencent Holdings and Ping An Insurance Group are both offering services similar to MYbank.

Digital Banking 198

Digital Banking Lending Risk Management Mobile 198

PYMNTS

NOVEMBER 2, 2020

“With this project we are aiming to explore the implications of a CBDC for efficiency, risk management and innovation in wholesale financial market transactions,” said Assistant Governor of the Financial System Michele Bullock in the release. RBA expects to finish the project at the end of this year.

Bitcoin 160

Bitcoin Policies Groups cryptocurrency 160

PYMNTS

APRIL 2, 2020

It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. Bank of America (BoA) is one notable success story in the field of analytical risk assessment. When number crunching is needed, however, data analytics can help.

Analytics 237

Analytics Data Big Data social media 237

Jeff For Banks

JANUARY 26, 2023

I recently spoke to a community group, and subsequently a community bank all-staff meeting regarding the definition of a community bank. A community bank's risk management practices, such as lending to certain industries, making character loans, deposit availability, etc. Community bank customers get the bank's A-team.

Community Bank 147

Community Bank Community FDIC Risk Management 147

PYMNTS

NOVEMBER 24, 2020

InsurTech group Hippo Enterprises has announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company , a press release says. And Hippo could be looking at more home insurance business in the next few years as more people leave the city for the suburbs.

Risk Management 174

Risk Management Capital Online Groups 174

PYMNTS

SEPTEMBER 24, 2020

According to new research from Ptolemus Consulting Group , 600 million vehicles will generate in-car transactions of $500 billion by the end of the decade. This collaboration represents a new method for payment authentication that will simplify the payment management of any vehicle.

Risk Management 249

Risk Management California Payments Conference 249

Independent Banker

JANUARY 31, 2022

Those conversations, he says, centered around whether community banks could compete against this brash group of newcomers. Fraud and risk management. By quickly ushering in a new digital reality, banks have been forced to update their fraud and risk management practices, too. Digital account opening.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

JUNE 26, 2018

The Small Business 7(a) Lending Oversight Reform Act would enhance the SBA’s credit risk management and lender oversight review process, while requiring the administration to detail its oversight budget and perform complete annual analysis of its program.

Groups 101

Groups National Compliance Lending 101

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

Insights on Business

MARCH 11, 2019

However, until recently, these advancements had been only marginally utilized within the risk and compliance groups. Whether due to lack of specific use cases, or limited visibility into the challenges analysts, compliance officers and risk managers face. Challenge: and adoption initially.

Compliance 140

Compliance Risk Management Tools Survey 140