Insights on Business

JUNE 18, 2019

Risk brings rewards. Risk management professionals are comfortable with ideas about growth curves and early versus late investment. Risk management demands a lot of data from many different sources, and traditional database management systems are too slow for the granular analytics needed today.

Risk Management 185

Risk Management Technology Management Big Data 185

Abrigo

MARCH 21, 2025

Institutions that fail to meet CRA performance expectations risk regulatory scrutiny, reputation damage, and barriers to growth, particularly for mergers and acquisitions. Develop robust reporting mechanisms: Ensure that data reporting meets the enhanced transparency and disclosure standards.

Compliance 195

Compliance Strategy Data Lending 195

Abrigo

MARCH 21, 2023

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. Takeaway 2 Some banks and credit unions were late movers and are now scrambling to lock in funding for the short term to meet liquidity and capital needs.

Risk Management 195

Risk Management Management Strategy Lending 195

Abrigo

OCTOBER 21, 2019

Cybersecurity | 4 minute read Key Takeaways Third-party/vendor risk management is becoming increasingly challenging with more cloud-based providers. On top of initial vendor due diligence, there are ongoing, systematic approaches to managing third-party relationships. . Portfolio Risk & CECL. Learn More. Learn More.

Risk Management 150

Risk Management Management Lending Fraud 150

Abrigo

OCTOBER 23, 2019

In a marketplace where data is shared and distributed at record speeds, third-party or vendor risk management is a challenge for most businesses. The spotlight from federal and state regulators continues to shine on the use of third parties, and the pressure for those vendors to meet regulatory guidelines has greatly increased.

Risk Management 150

Risk Management Management Security Lending 150

Perficient

MARCH 25, 2025

Their focus on: Aligning data management with regulatory requirements Ensuring accurate financial reporting Improving decision-making processes resulted in better risk management, increased regulatory compliance, and enhanced customer trust through secure and reliable financial services. Now go forth and govern.

Data 221

Data Case Study Compliance Regional 221

Abrigo

JULY 25, 2017

In a recent Sageworks webinar Robert Ashbaugh, senior risk management consultant at Sageworks, discusses High Volatility Commercial Real Estate (HVCRE) lending best practices. In other words, HVCRE is all ADC loans except for loans that meet certain criteria. How did we get here? What are HVCRE loans? Raw land - 65% 2.

Risk Management 150

Risk Management Management Capital Lending 150

Perficient

FEBRUARY 27, 2025

Leverage advanced data analytics to understand customer behavior and preferences, helping you offer personalized financial services that meet the specific needs of your customers. 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

NOVEMBER 18, 2024

Key topics covered in this post: Regulatory focus Key questons for ALCOs Governance and concentration risks Expect the unexpected Regulators 'could not be more clear' Today’s regulatory climate is turning up the heat on financial institutions when it comes to liquidity and interest rate risk management.

Risk Management 195

Risk Management Regulation Policies Management 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. Some meeting participants, however, expressed skepticism that this timing would hold true.

Risk Management 150

Risk Management Management Conference Data 150

Abrigo

FEBRUARY 12, 2025

Understand and meet borrower expectations For community financial institutions (CFIs), small business lending presents both a challenge and an opportunity. Meanwhile, fintech lenders offer fast approvals, attracting small business borrowers despite high interest rates. Fintechs are thriving on our inertia," said Kirby.

Lending 195

Lending Risk Management Community Fintech 195

Abrigo

OCTOBER 23, 2014

Despite the resurgence of commercial lending, CEIS stresses that it doesn’t mean “lenders should start accepting loan applications that don’t meet standards just to boost market growth.”

Risk Management 186

Risk Management Management Lending Resources 186

Perficient

MARCH 17, 2025

AI-powered chatbots can handle routine inquiries, freeing human agents for complex issues, while AI-driven algorithms enhance fraud detection and risk management. Risk + Compliance: Control risk, meet regulations, and stay ahead of financial industry changes.

Trends 221

Trends Analytics Compliance Strategy 221

Insights on Business

JANUARY 3, 2019

To thwart cybercriminals and meet regulatory requirements while also managing costs, institutions should consider adopting a centrally managed platform and related services to create a consistent and scalable control framework. Three pillars of cyber risk management on the cloud.

Risk Management 128

Risk Management Management Regulation Guidelines 128

PYMNTS

JUNE 1, 2020

We have made — and continue to make — transformative changes to our risk management structure and practices, including important work to provide greater oversight of all risk-taking activities and a more comprehensive view of risk across the company,” he said, according to the press release.

Risk Management 130

Risk Management Management Strategy Operations 130

Abrigo

JANUARY 24, 2025

Trepp estimates that more than $100 billion in securitized debt that was initially to mature in 2023 has not been paid back, with many borrowers unable to meet higher debt service requirements. Pricing strategies are also important for lenders to balance new loan opportunities and CRE risk management.

Lending 221

Lending Trends Risk Management Management 221

Abrigo

FEBRUARY 6, 2025

Meeting investment accounting and reporting requirements The right technology tools can help institutions manage investment accounting compliance and risk exposure across various investment types. Investment accounting compliance not only minimizes operational risks but also reduces regulatory scrutiny.

Compliance 195

Compliance Technology Operations Risk Management 195

Abrigo

OCTOBER 21, 2024

If anything is identified in the loan documents, engage with management and internal counsel to discuss how to document and strategize. 4) Meet with the customer and notify them of the handoff/change in classification (not of the loan grade, but of the fact that the loan is in “workout”). Take notes or minutes.

Strategy 195

Strategy Management Taxes Meeting 195

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. Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019.

Risk Management 110

Risk Management Management Report Compliance 110

Perficient

MARCH 7, 2022

The bank should generate accurate, complete, timely, and reliable risk data to meet normal and stress/crisis reporting accuracy requirements. The bank should be able to generate aggregate risk data, including requests during stress/crisis situations. Risk-reporting practices. Data Governance. Data Clarity.

Compliance 294

Compliance Data Risk Management System 294

Abrigo

FEBRUARY 21, 2025

Watch Re-using CECL data across the institution Financial institutions are leveraging the data collected and used for the current expected credit loss model (CECL) to meet other needs for strategic information inside the institution. Learn more in this webinar , "Transforming CECL data into stress testing and strategic insight."

Data 195

Data Comparison Study Trends 195

Abrigo

FEBRUARY 25, 2025

It can automatically access credit scores and run loan details and borrower information against the financial institutions risk management policies. Applications that dont meet policy can be sent for manual review, then once that is complete, the loan can be put back on the automation path.

Lending 195

Lending FDIC Policies Analysis 195

Perficient

FEBRUARY 23, 2021

The Board created the FR 2052a in 2014 to meet this need, particularly concerning capturing such flows within large, systemically important, globally active U.S. The data collected by the FR 2052a provide detailed information on the liquidity risks within different business lines (e.g., banking institutions.

Report 309

Report Risk Management Data System 309

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

Insights on Business

MARCH 19, 2018

We asked David what are the biggest challenges in regulation, and how he thinks to tackle them: “The answer to meet the ongoing challenges of being compliant is to intelligently and methodically connect your internal controls to the external, dynamic regulatory environment.

Compliance 135

Compliance Meeting Regulation Comparison 135

Abrigo

DECEMBER 22, 2023

This blog outlines the significance of credit risk ratings and regulatory priorities related to credit grading. It also offers guidance for assessing and monitoring credit risks while meeting risk management and compliance goals.

Lending 221

Lending Risk Management Community Management 221

Perficient

FEBRUARY 12, 2025

These changes require significant adjustments in risk management, compliance frameworks, and operational protocols. Recommended Approach: Companies must meet evolving KYC and compliance standards, fostering trust and security in digital transactions. As embedded payments become mainstream, U.S.

Trends 221

Trends Payments Compliance blockchain 221

Abrigo

MARCH 31, 2017

Commercial real estate lending continues to receive regulatory scrutiny and reminders for financial institutions to practice solid risk management. Eberley, director of the FDIC's Division of Risk Management Supervision wrote in the publication. Image credit: Benjamin Child via Unsplash.

FDIC 186

FDIC Risk Management Analysis Lending 186

Perficient

JANUARY 31, 2022

As soon as its risk management system discovered the attack, it suspended withdrawals across the platform, reimbursed customers who were affected, and “revamped and migrated to a completely new 2FA infrastructure,” according to the company statement.

Security 294

Security Risk Management Knowledge Base Customer Experience 294

Abrigo

FEBRUARY 6, 2024

A measured approach allows management to incrementally assemble the resources and expertise to implement a comprehensive program without subjecting the credit union to unnecessary risks. Get ready for the next credit cycle with credit department housekeeping tips from this webinar.

Lending 221

Lending How To Risk Management Policies 221

Abrigo

MAY 2, 2024

Compliance and Risk Management: The loan policy ensures that the lending function operates within the regulatory and compliance framework. It also outlines the risk management practices that need to be followed when evaluating small business lending opportunities.

Lending 221

Lending Strategy Analysis Policies 221

Abrigo

NOVEMBER 10, 2014

According to the data, the average financial institution spent an additional $45,264 in Q3 to manage regulatory changes. In addition, there was a 26 percent increase in the number of hours needed to meet these regulatory changes, which results in an average of 1.86 have risk management programs, leaving CROs in high demand.

Risk Management 170

Risk Management Community Bank Compliance Community 170

Jack Henry

JUNE 1, 2020

In the financial industry, a GRC strategy aligns a financial institution’s (FI’s) organizational structure with the technology and processes that meet their business objectives.

Compliance 149

Compliance Risk Management Strategy Policies 149

PYMNTS

FEBRUARY 10, 2020

As the nation’s premier payments credit union service organization [CUSO] and a leader in the credit union industry, PSCU is continuously looking for ways to meet and exceed the expectations of the credit unions we serve,” said Gandre. He handled all aspects of payment operations, including strategic planning, innovation and risk management.

Innovation 210

Innovation Leadership Washington Cards 210

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." Get more credit risk best practices.

Analysis 195

Analysis Industry Risk Management Lending 195

Abrigo

DECEMBER 14, 2023

Practical tips for conducting effective strategic planning meetings Financial institutions' strategic plans should be cohesive, focused, and have buy-in from stakeholders. Start with a survey and pre-planning meetings. Have your board meetings and strategic planning sessions become predictable? Explore Abrigo Connect.

Lending 221

Lending Risk Management Meeting Survey 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. Sessions include a keynote interview with former FBI director James B.

Compliance 221

Compliance Industry New York social media 221