Abrigo

AUGUST 5, 2020

is officially in a recession, according to the National Bureau of Economic Research. Now, banks and credit unions must determine how to safely and effectively manage risk in the portfolio while also driving growth at their institution. The national effects remain opaque and will continue to change – do not get complacent.

Management 195

Management Risk Management Trends Industry 195

PYMNTS

APRIL 8, 2019

The world of payments has provided a new leader to the National Urban League. Murphy was elected to the post during the National Urban League’s Board of Trustees quarterly meeting in New York City. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He

National 122

National New York City New York Leadership 122

South State Correspondent

APRIL 4, 2024

Secular changes occur over many business cycles, tend to be slow-moving, and are more difficult to manage with business strategy. However, because bank capital has an average expected life of 15 to 20 years, bank managers must gauge and react to secular changes that will impact their business model.

Risk Management 195

Risk Management Community Bank Policies Community 195

Abrigo

FEBRUARY 24, 2022

As described in the first post of this series , a key component of effective asset/liability management (ALM) is managing risks. ALM 101: Introduction to Asset/Liability Management. Takeaway 3 Two methods of measuring short-term interest rate risk are a gap analysis and, more commonly, an income simulation. Earnings at Risk.

Management 195

Management Analysis Strategy Policies 195

PYMNTS

JUNE 8, 2020

The National Health Service (NHS) provided Palantir Technologies with volumes of personal information including contact details, gender, race, occupation, health conditions, criminal offenses and religious and political affiliations, according to the 37-page contract that was published online. “The

National 130

National Software Google Big Data 130

BankBazaar

APRIL 29, 2020

The Covid-19 pandemic has pushed entire nations into lockdowns, crushed value chains, and stressed household finances. Therefore, smart money management is critical to survival through this period. HOW TO MANAGE CASH. The dos and don’ts of liquidity management. Don’t skip premiums or discontinue your policies.

Management 155

Management Policies Examples Taxes 155

PYMNTS

MAY 7, 2018

China introduced new tax initiatives aimed at bolstering the nation’s entrepreneurs, according to local news reports on Friday (May 4). Vice finance minister Cheng Lihua introduced seven new tax policies during a press conference Friday, with the goal of saving small businesses $9.45 billion a year, reports from Xinhua said.

Taxes 100

Taxes Policies Conference Training 100

South State Correspondent

JUNE 21, 2022

This decision coincided with rate hikes by the Swiss National Bank, its first since 2007, the Bank of England, and the European Central Bank announced at an emergency meeting that they would raise interest rates next month and again in September. For the past 14 years, the monetary policy in the U.S. has been exceedingly loose.

Community Bank 359

Community Bank Policies Community Marketing 359

PYMNTS

AUGUST 30, 2018

China is struggling to bridge its small businesses to financing for growth, with broader fiscal policy at odds with the initiative, according to reports. The publication pointed to the government’s conflicting policy of stricter lending rules as one reason why efforts to boost small business loan volumes hasn’t taken off.

Policies 100

Policies Lending Regulation Community 100

PYMNTS

NOVEMBER 20, 2020

The DSA and another act, known as the Digital Markets Act (DMA), in turn, would be unveiled in December, in part changing the way tech companies manage, and are liable for, content on their platforms. It would also change some of the market’s competitive dynamics.

Policies 260

Policies Google Apple Regulation 260

Abrigo

AUGUST 7, 2017

A national benchmarking report shows that professional staff turnover rates exceed 20 percent in 1 of every 5 accounting firms generating more than $75 million in annual revenue. Among the policies to help drive a culture that is attractive to recruits, Phillips adds: 1. “The This is your competition.”

Policies 150

Policies Millennials Survey eBook 150

PYMNTS

MAY 22, 2017

companies are turning to their insurance policies that cover things like ransom and extortion to get back losses from the WannaCry ransomware attack that caused headaches around the globe a little over a week ago. These are within expectations and entirely manageable.”

Policies 100

Policies Company National Report 100

Independent Banker

AUGUST 31, 2021

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

Community Bank 196

Community Bank Community National Fresno 196

PYMNTS

NOVEMBER 15, 2017

In a press release , the national bank noted that the feature will kick in if an overdraft fee hits the day before a direct pay deposit is scheduled to show up in the account. Aiming to boost its reputation after a fake account scandal last year, Wells Fargo announced Tuesday (Nov.

Policies 118

Policies National Groups US 118

PYMNTS

DECEMBER 4, 2020

The proof-of-concept was run in partnership with BIS’ Innovation Hub Swiss Centre, the Swiss National Bank and financial infrastructure operator SIX, according to the announcement. It offers potential advantages but faces “major” policy hurdles, according to the announcement.

cryptocurrency 152

cryptocurrency Bitcoin National US 152

Abrigo

JULY 9, 2024

Takeaway 2 Financial institutions will need to incorporate FinCEN's national AML/CFT priorities into their risk assessments and compliance programs. It also required that FinCEN integrate its AML/CFT policy priorities into financial institutions’ risk assessments. These FinCEN priorities highlight significant threats to the U.S.

Compliance 221

Compliance Fraud Regulation National 221

PYMNTS

MARCH 3, 2020

In today’s top news, Apple manufacturer and supplier Foxconn has returned to production, the Department of Justice charged two Chinese nationals with laundering over $100 million in cryptocurrency, and TurboTax’s deal to buy Credit Karma has sparked antitrust concerns. Two Chinese Nationals Charged With Laundering $100M In Crypto.

Apple 132

Apple National cryptocurrency Payments 132

Abrigo

MARCH 31, 2023

You might also like this webinar: "CECL implementation FAQs: Progress as 2023 approaches" listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and credit risk as main concerns. Takeaway 2 Credit unions may still have questions about regulatory expectations for CECL after adopting the new standard.

Risk Management 195

Risk Management Policies Capital Maine 195

South State Correspondent

NOVEMBER 18, 2024

The current policy directions from the new administration are largely inflationary, and community banks should be paying attention and consider a loan-level hedge strategy. If new policies are enacted that reignite inflation, interest rates are likely to rise swiftly. and straining out the interest rate risk.

Strategy 195

Strategy Community Bank Community FDIC 195

PYMNTS

MARCH 9, 2020

Meanwhile, because of the continued proliferation of the coronavirus, Amazon is offering a more flexible attendance policy for warehouse workers and other staff, CNBC reported. Other top management members will also willingly reduce theirs by as much as 50 percent until the travel market bounces back.

Policies 141

Policies New York San Francisco Seattle 141

CFPB Monitor

DECEMBER 30, 2020

The Federal Housing Finance Agency (FHFA) recently issued a request for information ( RFI ) seeking input on appraisal-related policies, practices and processes in connection with home mortgage loans. The FHFA also seeks input on policies and controls to minimize the occurrence of “gaming and data manipulation.”.

Policies 78

Policies Tools Training Data 78

PYMNTS

SEPTEMBER 13, 2020

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. In a joint statement Friday (Sept. The association declined to comment, Reuters reported.

cryptocurrency 363

cryptocurrency Regulation Policies Conference 363

PYMNTS

MAY 1, 2018

One of the nation’s most recent B2B FinTechs to land funding is Fyle, a small business expense management company that landed $1.1 But while small businesses and their employees may have adopted electronic payments, the way SMBs manage data on those expenses has remained stuck in the past.

Management 100

Management Fintech Policies Data 100

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

PYMNTS

DECEMBER 16, 2020

The topic was front and center in an On the Agenda discussion with PYMNTS CEO Karen Webster, Ethoca CEO Andre Edelbrock , Cabela’s and Bass Pro Shops Senior Manager of Fraud and Investigations Keith Thompson and First National Bank of Omaha Director of Fraud Management Steve Furlong. It may come in 10 different boxes.”.

Retail 228

Retail Management Fraud Omaha 228

Abrigo

AUGUST 13, 2024

10 good podcasts for bank & credit union execs & staff These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Listening to podcasts can help them manage risk, drive growth, and fight financial crime. And all release a new episode at least monthly.

Fraud 221

Fraud Community Community Bank Lending 221

Perficient

DECEMBER 15, 2020

The nonprofit’s initiative is a robust experience that includes an interactive map of over 95 Legacy Cities and gives users the tools such as filters and controls to navigate the map and manage and manipulate large amounts of data.

Tools 475

Tools Policies Industry Community 475

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. First, they must evaluate whether their institution is prepared to insert AML risk management procedures into the transaction process to match the speed FedNow can offer.

Fraud 221

Fraud Risk Management Training Software 221

PYMNTS

DECEMBER 29, 2020

“Though the industry moved to enable interoperability of mobile wallets in 2018, this is limited to only P2P payments, and is yet to be expanded to both merchant and agent interoperability and even to work seamlessly at P2P,” according to the draft of the Kenya National Payments System 2021-2025 report.

National 160

National Mobile Policies Payments 160

PYMNTS

SEPTEMBER 18, 2018

In a press release , Postmates said the funding round was led by Tiger Global Management, and comes on the back of a record year of growth, market expansion and adoption of a subscription service. Postmates, the on-demand delivery company, announced on Tuesday (Sept. 18) that it has raised $300 million in venture funding.

Los Angeles 151

Los Angeles Management New York Tools 151

PYMNTS

MARCH 15, 2019

So, in the spirt of “if you can’t beat ‘em, join ‘em,” PYMNTS recently caught up with two entrepreneurs determined to bring digital expertise and efficiency to cash management — the type of cash management that can make or break employees and some business operators, especially in the restaurant space. Better Cash Management?

Management 136

Management Los Angeles Cards Philadelphia 136

PYMNTS

OCTOBER 21, 2020

California-based spend management platform Coupa has launched a Diverse Business Directory to make it easier for companies, particularly large ones, to find “diverse and inclusive suppliers.”.

Software 140

Software National California Policies 140

Abrigo

APRIL 24, 2023

You might also like this webinar, "How to manage a high-performing construction loan portfolio." Learn 10 ways construction loan management software can save you valuable time. Manage risk & avoid defaults. How can your institution prepare to grow its construction portfolio? This surge was a 5.3% increase to $320.45

Trends 195

Trends Lending Risk Management Arkansas 195

Perficient

JUNE 5, 2020

Multiple regulatory controls are required for the custodianship of patient and customer data, creation of secure software systems, governance of development environments, and ensuring proper management of audit information. Intake, Construction, Release Management), and DevOps pipeline tooling. Secrets Management.

Compliance 332

Compliance Security Software System 332

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. Alternative lending platforms integrating with providers of other financial services has become a new norm.

Management 100

Management Lending Cards Capital 100

PYMNTS

JULY 11, 2019

Proposals introduced this session ranged from legislation allowing states to set their own policies to bills that would fully deschedule cannabis and include social equity provisions. policy manager at the Drug Policy Alliance’s Office of National Affairs. Karen Bass, D-Calif.

Policies 199

Policies Washington America Meeting 199

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Questions directed at Ms.

Policies 60

Policies Lending Data Online 60