Abrigo

FEBRUARY 12, 2025

M anaging, not avoiding, small business lending A common reason banks hesitate to expand small business lending is the fear of risk. While its true that nearly half of small businesses fail within five years, risk avoidance isnt the solution. Kirby pointed out that fintech lenders frequently use these models to approve loans quickly.

Lending 195

Lending Risk Management Community Fintech 195

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

MARCH 18, 2025

Financial institutions are responsible for not only facilitating payments but also managing risksincluding fraud, compliance, and operational challenges. Federal Reserve Manages ACH, FedNow, and interbank payments. The growing risk of payment fraud With faster payments comes greater fraud risk.

System 195

System Payments Fraud Regulation 195

Abrigo

DECEMBER 4, 2015

Sageworks banking industry experts are winding down a busy year of disseminating information and facilitating discussions on regulatory changes, such as the FASB’s upcoming move to the current expected credit loss model (CECL), and on best practices for portfolio risk management and credit analysis.

North Carolina 150

North Carolina Ohio DC Regional 150

Abrigo

APRIL 1, 2015

As noted in the OCC’s document, Common Sense Approach to Community Banking , a bank’s board of directors “must determine whether the risks the bank assumes are warranted, effectively managed, and consistent with safe and sound banking practices.” What about liquidity risks, interest rate exposure and IT security threats?

Risk Management 150

Risk Management Community Bank Regulation Management 150

Abrigo

FEBRUARY 8, 2024

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. Some options include: In-person fraud prevention seminars, either held at a branch location or a local community center.

Fraud 195

Fraud Resources social media Software 195

ABA Community Banking

SEPTEMBER 30, 2016

10/13 Banking Exchange Web Seminar details strategies for ongoing low-rate challenge Bank Performance Management Financial Trends Risk Management Rate Risk Community Banking.

Risk Management 40

Risk Management Community Bank Community Trends 40