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. Appointing someone in Credit might be a workable idea.

Risk Management 195

Risk Management Resources Management Marketing 195

Perficient

OCTOBER 24, 2024

OCC In December 2023, the Office of the Comptroller of the Currency (OCC) classified AI as an emerging risk to the banking industry in an industry report they produced. Hsu highlighted that each phase requires different risk management strategies and controls.

Regulation 221

Regulation Risk Management Compliance Fraud 221

Abrigo

OCTOBER 9, 2024

Today, Q factors offer a way to adjust for risks that aren't fully captured in historical data or quantitative models. In this blog, we explore how banks and credit unions have adapted their approach to Q factors under CECL and share insights from an Abrigo advisory webinar on managing this critical part of the ACL process.

Risk Management 195

Risk Management Management Compliance Data 195

Abrigo

MARCH 21, 2023

You might also like this video on managing interest rate risk. WATCH Takeaway 1 Earning more income and mitigating interest rate risk isn’t as simple as charging higher rates on loans and earning higher rates on the investment portfolio. Stay up to date with Abrigo advisors' ideas for managing interest rate risk.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

MARCH 31, 2025

The lender needs to put forth an accurate and complete picture of the borrowernot only for the borrowers sake, but also for the financial institutions risk management. Relevant memos also consider managements actual ability to run the business. Avoid using the words well-regarded in the industry.

Analysis 195

Analysis Risk Management Management Data 195

Perficient

FEBRUARY 27, 2025

As we progress through 2025, the banking industry is set for substantial transformation driven by several key trends. To stay competitive, banks must adapt and embrace emerging industry trends. In 2025, AI will play a pivotal role in customer service, fraud detection, risk management, and personalized financial advice.

Banking Trends 221

Banking Trends Trends Digital Banking Customer Experience 221

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times."

Analysis 195

Analysis Industry Risk Management Lending 195

Perficient

APRIL 2, 2021

These technologies are also used to better target marketing in retail and customize trade recommendations in wealth management. Risk Management. AI may be used to augment risk management and control practices. Credit Decisions. The challenge is to ensure that the software being developed is not coded with biases.

Regulation 309

Regulation Industry Risk Management Analysis 309

Abrigo

JANUARY 24, 2025

They also share tips for managing risk and pricing. As a result, financial institutions with CRE concentrations find it increasingly important to strategically manage the competitive pressures and risks related to origination, refinancing, and loan performance. Managing their current risk is vital, too.

Lending 221

Lending Trends Risk Management Management 221

Perficient

MAY 30, 2024

The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. Comey as well as topical discussions spanning regulatory risk, market abuse, and leveraging technology in automation (RPA), data analytics and ML/AI.

Compliance 221

Compliance Industry New York social media 221

Perficient

FEBRUARY 12, 2025

The rapidly evolving payments industry is driving industry leaders to adapt their strategies in response to emerging trends. The industry faces numerous challenges, including protecting sensitive data, navigating evolving regulations, and outdated legacy systems.

Trends 221

Trends Payments Compliance blockchain 221

Cisco

JUNE 7, 2022

This quickly metastasized into significant global credit risk for large institutions and became the biggest existential threat to the industry in more than a century. The subsequent regulatory activity in response to these events focused on operational risks. Regulatory Agencies Step Up. Takes Partners.

Risk Management 118

Risk Management Management Cyber Security Handbook 118

Abrigo

APRIL 11, 2025

Osgood Bank Credit Supervisor Erin Groff described working with Sara Poffenbarger, Abrigos Manager of Implementation Consulting: She has been knowledgeable and patient, offered several suggestions to make our experience better, and has shared with us many best practices. Choosing a partner who understands that can make all the difference.

Technology 195

Technology Software Training Risk Management 195

Abrigo

OCTOBER 22, 2024

Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry. 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

Perficient

MAY 27, 2022

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

Abrigo

OCTOBER 21, 2024

How financial institutions deal with problem loans Problem loans are a natural outcome of the risks banks and credit unions take when lending, and they should be expected over the long run during the ups and downs of the business cycle. should be treated essentially the same. 4) Determine if the loan is a “retain” or “exit” relationship.

Strategy 195

Strategy Management Taxes Meeting 195

Abrigo

MARCH 21, 2025

This committee should include senior management and representatives from key business units, including staff familiar with existing data systems, their capabilities, and their limitations. This includes identifying risks associated with underinvestment in communities and addressing them proactively.

Compliance 195

Compliance Strategy Data Lending 195

Perficient

MAY 28, 2020

The Utilities industry is facing enormous change along with the rest of the world due to Covid-19 and its effects on commercial and residential consumption of energy. The industry has had to learn quickly to juggle demand and workforce planning. Using Oracle Data & Analytics to Manage Business Decisions .

Analytics 340

Analytics Customer Experience Risk Management Mobile 340

Abrigo

JUNE 28, 2024

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

Community Bank 195

Community Bank Strategy Community Management 195

Banking Exchange

AUGUST 9, 2021

Among the many trends that have recently developed in the commercial lending world, industry disruption seems to be a common thread Risk Management Retail Banking Technology Feature3 Feature.

Management 148

Management Risk Management Lending Trends 148

Abrigo

AUGUST 5, 2020

Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. Therefore, it’s essential that the credit memo captures the complete picture of the borrower to ensure proper risk management. Improving loan grading in a recession.

Management 195

Management Risk Management Trends Industry 195

South State Correspondent

MARCH 24, 2025

However, certain products (example, treasury management), loan features (example, strong prepayment provisions), or contractual life of a commercial mortgage can all extend the expected life of a relationship. A good match eliminates refinance risk and reduces the probability of default.

Lending 195

Lending Community Bank Community Management 195

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Management 195

Management Lending Risk Management Strategy 195

PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. In severe cases, banks might have to take the drastic measure of closing accounts altogether.

How To 245

How To Management Report Strategy 245

Perficient

NOVEMBER 27, 2023

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. Process mining is particularly valuable in industries like healthcare and finance where strict regulatory requirements and compliance are especially critical.

Industry 221

Industry Regulation Compliance Data 221

Abrigo

SEPTEMBER 23, 2020

Key Takeaways Managing a large volume of loan workouts is the next challenge facing many financial institutions. Managing loan workouts requires tackling numerous process-related decisions concerning selecting, analyzing, and tracking loans. Managing loan workouts is a chief concern among banks and credit unions these days.

Management 195

Management Lending Risk Management Community 195

PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions. Oversight CEO Terrence McCrossan said the acquisition by TCV would be a boon for his company.

Management 151

Management Risk Management Fraud Innovation 151

Abrigo

FEBRUARY 28, 2025

Fraud risk management best practices Financial institutions (FIs) should be sure to invest in the following: Hardware: FIs should ensure that their systems are safe and that all updates and patches are applied in a timely manner. 880,418 c omplaints were registered, with potential losses exceeding $12.5

Fraud 221

Fraud social media Training Community 221

Abrigo

DECEMBER 26, 2024

"With so many BSA/AML enforcement actions, it is clear that the regulatory environment is tightening up its expectations and is actively pursuing action when needed," said Abrigo Senior Risk Management Consultant Elissa Brewer. AI will be an ongoing hot topic, said Abrigo Senior Risk Management Consultant Kevin Gulledge.

Fraud 195

Fraud Compliance South Dakota Resources 195

Abrigo

DECEMBER 28, 2023

Top banking risk management papers and infographics Abrigo experts' insights on deposit pricing, stress testing, loan review, and CECL were popular with banking risk 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 Risk Management eBook Strategy 221

Abrigo

SEPTEMBER 23, 2024

Loan pricing software can help banks and credit unions structure and optimize pricing to ensure the institution is adequately compensated for risk. But it’s often difficult to find factual, comprehensive industry-wide data about interest rates on the new loans being made at banks and credit unions. Make informed decisions faster.

Lending 221

Lending Trends Risk Management Data 221

PYMNTS

FEBRUARY 13, 2020

The funds are also being used to accelerate the launch of its new risk management solution, Elliptic Discovery. . The Elliptic Discovery platform offers insights to compliance teams to identify the flow of funds into and out of crypto assets and understand any risks. “If

Analysis 250

Analysis blockchain Risk Management cryptocurrency 250

Cisco

SEPTEMBER 7, 2021

Here at Cisco we strive to align our strategy, content, and offerings to the top trends happening in the industry. The Portfolio Explorer divides each industry into various themes and use cases that are revisited and updated each year by our industry experts. Operational risk management. Modern financial worker.

Industry 134

Industry Risk Management Operations Trends 134

PYMNTS

OCTOBER 7, 2020

In an interview with PYMNTS, Lincoln Yin , CEO of RootAnt, said the pain points being felt right now by SMBs in Asia are particularly in the travel, event and other industries. Risk Management. Risk management is critical, said Yin. One commonality is that firms in these verticals rely on offline operations.

Risk Management 238

Risk Management blockchain Capital Data 238

Abrigo

JUNE 3, 2021

As the cryptocurrency industry continues to expand, financial institutions must remain vigilant to thwart cybercriminals. Takeaway 1 The cryptocurrency industry has expanded quickly. Takeaway 2 While crypto crime fell in 2020, there are many risks financial institutions must be aware of. Cryptocurrency industry expands quickly.

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

Abrigo

DECEMBER 22, 2023

Watch NOW Takeaway 1 Portfolio risk and accounting professionals often keep up to date on industry trends by reading Abrigo's blog. Takeaway 2 Management reports, probability of default, and model validation topics were found in the top blogs for risk professionals.

Risk Management 221

Risk Management Regulation Management Lending 221