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

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 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. banking regulations.

Compliance 195

Compliance Technology Operations Risk Management 195

Perficient

APRIL 2, 2021

The five federal agencies are: the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board (Fed), the National Credit Union Administration (NCUA) and the. Risk Management. AI may be used to augment risk management and control practices.

Regulation 309

Regulation Industry Risk Management Analysis 309

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

Perficient

OCTOBER 12, 2020

Named a leader by IDC for treasury and finance, Kyriba optimizes cash and risk management, payments and working capital strategies through a highly secure Software-as-a-Service platform. Bank connectivity is one of the most complicated aspects of an ERP project. ”

Risk Management 309

Risk Management Fraud Management Compliance 309

Perficient

JULY 12, 2023

Perficient provides risk management to more than 500 financial services organizations, many of whom have multiple bank regulators. The same organization will typically have a national bank charter, and the OCC is the primary federal banking regulator for that part of the organization. It’s the guidance.

Management 221

Management Risk Management Regulation Compliance 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

PYMNTS

APRIL 16, 2019

Among the most recent headlines, in Asia this past week, the Monetary Authority of Singapore (MAS) and the National Bank of Cambodia have signed a memorandum of understanding (MOU), that Business Times said will boost partnerships on FinTech and financial services innovation. The banks have also agreed to share data on emerging markets. .

Fintech 211

Fintech San Francisco National Innovation 211

Abrigo

MARCH 18, 2025

checks, debit/credit cards, wire transfers, digital wallets) Clearing and settlement mechanisms for processing transactions accurately and securely Payment systems are critical to the nations financial infrastructure and are vital to the financial stability of the U.S. Payment systems have three key components: Participants (e.g.,

System 195

System Payments Fraud Regulation 195

Perficient

AUGUST 16, 2023

Heartland Tri-State began operations in 1985 under the name First National Bank of Elkhart. In 2017, the bank was converted from its National Charter to a Kansas state-chartered bank and renamed Heartland Tri-State Bank. In 2019, it expanded by buying its fourth branch from a competitor.

United States 221

United States Kansas FDIC Risk Management 221

CFPB Monitor

JULY 27, 2020

The OCC issued a letter last week stating that “a national bank [and a federal savings association] may provide. Through intermediated exchanges of payments, banks facilitate the flow of funds within our economy and serve important financial risk management and other financial needs of bank customers.

National 113

National cryptocurrency Risk Management Regulation 113

Abrigo

FEBRUARY 6, 2024

By navigating these challenges with a well-thought-out approach, credit unions can successfully contribute to individual and national economic growth. Get ready for the next credit cycle with credit department housekeeping tips from this webinar. How robust is your compliance program?

Lending 221

Lending How To Risk Management Policies 221

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

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

JULY 31, 2019

The two units will consolidate bank supervision support, risk analysis, and oversight of national trust banks and important service providers. It will support the whole agency and cover issues nationally. Deputy Comptroller for Supervision Risk Management Bob Phelps has been chosen to run the new unit. .

Risk Management 148

Risk Management Analysis National System 148

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Operations 221

PYMNTS

AUGUST 12, 2016

The FAIR Institute , a nonprofit aimed at developing standard information risk management practices, announced on Thursday (Aug.

Resources 100

Resources National Technology Analysis 100

Abrigo

MARCH 31, 2023

NCUA expectations for credit unions post-CECL adoption The NCUA's focus on risk, especially credit risk, has implications for credit unions instituting CECL this quarter. The National Credit Union Administration (NCUA) emphasized interest rate, liquidity, and credit risk as the main areas for concern in its 2023 letter.

Risk Management 195

Risk Management Policies Capital Maine 195

PopularBank

MAY 8, 2020

By investing for retirement through your employer-sponsored plan, you are helping to manage a critically important financial risk: the chance that you will outlive your money. But choosing to participate is just one step in your financial risk management strategy. Familiarize yourself with the different types of risk 1.

Risk Management 72

Risk Management Management United States Strategy 72

South State Correspondent

JUNE 8, 2022

In 2022, national banks are especially active in managing interest rate risk by booking floating rate loans and mandating that borrowers fix their rates through a loan hedging program. National Bank Strategies For Interest Rate Risk Management. National Bank Strategies For Interest Rate Risk Management.

Community Bank 195

Community Bank Community National Strategy 195

South State Correspondent

APRIL 4, 2024

Furthermore, high federal government debt does not just lead to higher interest rates but also poses economic, national security, and social challenges. Community banks must deliver best-of-class treasury management products to capture this valuable banking product.

Risk Management 195

Risk Management Community Bank Policies Community 195

Abrigo

JULY 6, 2017

It’s been more than six months since the National Credit Union Administration (NCUA) issued its revised member business lending (MBL) rule in January 2017. Having extensive, well-documented risk management procedures is key. Assess risk at loan inception 2. Assign initial credit risk rating 3.

Risk Management 170

Risk Management Lending Policies Management 170

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

Perficient

JUNE 25, 2024

Agents: Computers executed trades autonomously based on algorithms programmed by software developers. Understanding the Different AI Phases Hsu highlighted that each phase requires different risk management strategies and controls.

Case Study 221

Case Study Risk Management Analysis Innovation 221

South State Correspondent

JUNE 18, 2024

Interest Rate Risk Modeling for Community Banks As interest rates rose from record lows, larger banks (on average) have profited, but some community banks exhibited lower NIM and lower return on assets (ROA). Almost all community banks were hurt by competition from direct banks, fintechs, and national banks. This hardly makes sense.

Community Bank 195

Community Bank Community Risk Management Management 195

Abrigo

JULY 20, 2024

Credit risk : In C&I lending, at least part of the collateral is intangible. The emphasis for commercial credit risk management and evaluation is cash flow, fixed charges coverage, and working capital cycles. Lenders more familiar with shorter sales cycles in CRE lending may get impatient.

Lending 195

Lending Risk Management Management Capital 195

American Banker

FEBRUARY 1, 2024

The Office of the Comptroller of the Currency fined City National Bank $65 million for a litany of risk management problems, including inadequate management of third-party risks and fraud risk management.

Risk Management 36

Risk Management National Management Fraud 36

Abrigo

SEPTEMBER 26, 2014

Earlier this month, as Congress came back in session, the political news site TheHill.com covered the issue of pending policies on CUs, with an op-ed titled, “ Congress: ‘Measure twice, cut once’ on proposed risk-based capital rule.” ” The piece was written by B. ” Blog Credit Union'

Capital 191

Capital National Regulation Risk Management 191

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? And more demand means rising prices of stocks and hence more profits.

Risk Management 221

Risk Management Resources Regulation Community 221

Abrigo

NOVEMBER 21, 2014

Nationally, the picture is a fine one. Sageworks Senior Risk Management Consultant Garrett Morris explained, “Based on market trends and the statistics below, its clear community and regional banks are looking to compete with national institutions to grow their loan portfolios given today’s good credit quality.

Lending 186

Lending South Carolina Miami Community Bank 186

Abrigo

MARCH 6, 2015

March comes in like a lion for the nation’s largest banks. Stress testing allow banks and credit unions to examine the portfolio, concentrations and specific borrower relationships to identify risk and make more informed capital planning and lending strategy decisions based on their individual results.

Risk Management 150

Risk Management Capital Community Bank Regulation 150

Abrigo

DECEMBER 14, 2014

The program does require that borrowers meet a minimum credit-score threshold, provide documentation showing income and job status and buy private mortgage insurance as added steps to mitigate risk.

Guidelines 223

Guidelines Payments Lending Capital 223

Abrigo

APRIL 24, 2023

But Arkansas-based Bank OZK, the nation's sixth-largest construction lender and the bank most concentrated in construction loans among the top 20 lenders, reported a 28.5% This is good news, considering that supply-chain issues have been known to increase the risk of defaults on some construction loans. Bank of America Corp.,

Trends 195

Trends Lending Risk Management Arkansas 195

PYMNTS

JANUARY 28, 2019

The report explores how companies in G20 nations are preparing for risks related to technological disruption, regulation and cybersecurity. “More must be done to ensure sufficient infrastructure and processes are in place to proactively manage business threats in 2019.”

Management 145

Management Risk Management Survey Security 145

Abrigo

JULY 10, 2015

Bankcorp commented that the amount of time spent on regulatory implementation "can happen to the detriment of actual risk management.”. It’s no doubt that CROs face a difficult balancing act attempting to manage regulatory risk.

Compliance 150

Compliance Risk Management Regulation Management 150

PYMNTS

OCTOBER 1, 2020

Ebury, which was started in 2009 and has offices in more than 20 nations, becomes a part of Nexi Open with the deal. Nexi’s partner banks will have the capacity to offer the complete suite of Ebury services to customers, which encompass foreign exchange (FX) risk management, import/export financing and global cash management.

Fintech 228

Fintech Data Risk Management Management 228