Perficient

NOVEMBER 8, 2024

These criteria include whether the AI output would serve as a principal basis for a decision or action and real-world considerations of potential harm to protected or otherwise critical populations, entities, and resources. Implementation of Risk-Management Practices and Termination of Noncompliant AI AI policy and review process.

Regulation 221

Regulation Risk Management Policies Compliance 221

Abrigo

DECEMBER 19, 2022

Checklists, guides, and more to help you and your AML-CFT staff Thousands of FinCrime professionals have accessed these guides, checklists, and other resources produced in 2022 by Abrigo's team, which includes former bankers, BSA officers, and regulators. . Top helpful resources for AML/CFT staff. Complimentary AML info.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. Unprecedented Risk. “Now, it’s key to their operational and strategic future.”

Risk Management 148

Risk Management Management Analysis Strategy 148

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

Abrigo

FEBRUARY 6, 2024

A common mistake is underestimating the resources and expertise required to maintain a successful program. It also recommends including projections related to loan pricing, operating expenses, and delinquency. Takeaway 2 Start slow. 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

AUGUST 30, 2024

Prepare now for potential changes to FHLBs Capital rules and membership criteria are among the areas where banks could see changes in how the Federal Home Loan Bank system operates. You might also like these popular resources on interest rate risk, liquidity, and CECL.

San Francisco 195

San Francisco Risk Management New York Capital 195

Perficient

AUGUST 4, 2024

This connectivity enhances interoperability, allowing for streamlined operations and improved data flow across various platforms. Regulatory Reporting and Compliance Automation Compliance reporting is often a resource-intensive process. Enhanced Risk Management Risk management is a critical aspect of financial services.

Industry 467

Industry Compliance Examples Risk Management 467

Abrigo

JUNE 8, 2017

To provide bank management and the board with an objective assessment of credit quality and ongoing portfolio management 3. To serve as a critical component of a comprehensive, enterprise-wide, risk management practice 4. Regular loan reviews function as a quality control tool for management for the loan portfolio.

Risk Management 150

Risk Management Management Policies Lending 150

Cisco

OCTOBER 4, 2022

It is an update to the 2004 Operations book, and links the different processes of Architecture, Infrastructure, and Operations (AIO) into a cohesive framework for auditors to assess. In this booklet the FFIEC discusses the principles and practices for IT and operations, as well as processes for addressing risk respective to IT systems.

Operations 118

Operations Software Risk Management Management 118

Celent Banking

MARCH 4, 2017

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity.

Risk Management 100

Risk Management Fraud Management Case Study 100

Insights on Business

JUNE 11, 2019

Compared to traditional data centers, I believe that cloud computing has several characteristics that make it an attractive platform for risk management. First of all, the compute requirements for risk management can vary over time. The target architecture of the future for all risk solutions will likely involve cloud.

Risk Management 87

Risk Management Management Examples Resources 87

Jack Henry

SEPTEMBER 18, 2019

Banks and credit unions rely heavily on fintechs to sustain compliant efficient operations, process payments and other data, protect information and deliver service to customers in a variety of ways. Partnerships with fintechs offer expertise you may not otherwise have the resources to acquire.

Risk Management 68

Risk Management Fintech Management Resources 68

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. You might also like this resource, Abrigo's "2022 Loan Review Benchmark Survey Results." Community lending software can help get you there.

Lending 221

Lending Risk Management Community Management 221

Abrigo

OCTOBER 10, 2023

Examining these areas is a good starting point for your financial institution to optimize its processes and maximize existing resources. While not a solution for the talent shortage, automation can optimize processes, often at a fraction of the cost of additional resources.

Training 195

Training Survey Resources Software 195

Abrigo

OCTOBER 10, 2023

Examining these areas is a good starting point for your financial institution to optimize its processes and maximize existing resources. While not a solution for the talent shortage, automation can optimize processes, often at a fraction of the cost of additional resources.

Training 195

Training Survey Resources Software 195

Insights on Business

NOVEMBER 28, 2018

While other industries are moving beyond the use of the internet as a communications channel and deploying business applications on the cloud, most of the core banking applications still run inside company-owned and managed data centers. These include: The capability to scale compute resources up and down to meet demand.

Risk Management 102

Risk Management Innovation Management Resources 102

Abrigo

DECEMBER 22, 2023

Takeaway 3 Updates on interest rate forecasting and best practices for managing CRE risk were among the most-read blogs. Abrigo's most popular risk management blogs over the last 12 months cover topics that continue to catch the attention of professionals and regulators. Which credit areas need routine "maintenance"?

Risk Management 221

Risk Management Regulation Management Lending 221

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Management 195

Management Risk Management Policies Lending 195

Abrigo

SEPTEMBER 24, 2024

Human-in-the-loop refers to the collaboration between AI systems and human experts, ensuring that machines do not operate in isolation. AI reduces the risk of costly false positives for simple alerts that can drain resources and leave the complexities to human analysis.

Software 195

Software Management Compliance Resources 195

Insights on Business

NOVEMBER 29, 2018

Operational innovation is vital in a highly competitive financial services sector, with a new community of digital banks and other firms vying for market share. Drivers for Operational Innovation. Ongoing conversations between IBM and CFOs over the years have identified key activities that can help progress operational efficiency.

Operations 138

Operations Innovation Management Risk Management 138

PYMNTS

APRIL 26, 2017

We strive to ensure chief executives have the ability to create new growth opportunities and mitigate crises by protecting and optimizing their financial resources. Innovation happens when the customer pushes their resources to a place where there are no solutions, where no one has asked the question or solved the problem before.

Risk Management 100

Risk Management Management Innovation Resources 100

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. They are designed to help maintain the financial health of borrowers throughout the loan term.

Risk Management 221

Risk Management Lending Policies Management 221

PYMNTS

NOVEMBER 3, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Data 220

Data Payments Risk Management Software 220

Banking Exchange

OCTOBER 26, 2021

Financial institutions and the businesses they serve need to add an additional layer of technology and step up their strategy Risk Management Technology Duties Human Resources Feature Feature3 Cybersecurity People Cyberfraud/ID Theft Security Tech Management Outsourcing/Cloud Mobile Online Operational Risk Covid19.

Risk Management 78

Risk Management Fraud Data Resources 78

Abrigo

AUGUST 13, 2024

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. We have webinars , whitepapers , and other resources to make your job easier. You're not alone. Banking Transformed 2.

Fraud 221

Fraud Community Community Bank Lending 221

Abrigo

MAY 19, 2023

Takeaway 3 Consider how much your bank or credit union's resources can support while meeting regulatory expectations. The complexity and scope of a loan review system will vary based on an institution’s size, type of operations, and management practices.

System 195

System Regulation How To Lending 195

FICO

APRIL 10, 2019

As companies learn their FICO Cyber Risk Score, it raises the question: What are our recommendations for cyber risk management? Managing cyber risk is about managing behavioral risk and skills gaps, as well as technical flaws.

Risk Management 40

Risk Management Management Security Guidelines 40

PYMNTS

APRIL 23, 2020

Cannabis operations that partnered with Hypur to leverage the company’s financial technology can tap into the digital HypurPay app to access a safer and more convenient payment environment. The collaboration builds on Hypur’s extensive network of financial institutions (FIs), according to an announcement. .

Payments 181

Payments Risk Management ATM Resources 181

Abrigo

DECEMBER 7, 2021

Larger institutions typically have the resources to staff an independent loan review department, while smaller banks and credit unions may find it more cost-effective to outsource the process. Banks and credit unions with $500 million to $3 billion in assets roughly split evenly between those that outsource and those that operate in-house.

Risk Management 195

Risk Management Lending Survey Report 195

Abrigo

DECEMBER 11, 2014

In September, the Office of the Comptroller of the Currency (OCC) published final guidelines designed to “strengthen the governance and risk management practices of large financial institutions.” Assess risk management structures. Update the scope and frequency of risk management reporting.

Community Bank 207

Community Bank Community Guidelines Risk Management 207

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

FEBRUARY 6, 2024

Yet despite warnings about the high prevalence and high costs of check fraud, many banks and credit unions operate without systematic fraud prevention programs or lack the technology to combat check fraud. The uptick in check fraud at financial institutions across the country has been well-publicized and emphasized by regulatory agencies.

Fraud 221

Fraud Training Trends Regional 221

South State Correspondent

APRIL 30, 2024

There are certain services and products that require substantial setup costs, integration costs, and upfront resources, but providing a hedging solution is not that type of product. We believe that community banks should choose a path that offers the most operational flexibility.

Community Bank 195

Community Bank FDIC Community National 195

South State Correspondent

APRIL 30, 2024

There are certain services and products that require substantial setup costs, integration costs, and upfront resources, but providing a hedging solution is not that type of product. We believe that community banks should choose a path that offers the most operational flexibility.

Community Bank 195

Community Bank FDIC Community National 195

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Operational risks transcend all departments of a bank.

Risk Management 40

Risk Management Management Operations Meeting 40

Abrigo

MAY 18, 2023

Takeaway 3 Use these tools to consider how much their resources can support while meeting regulatory expectations. Considering the scope and depth of your financial institution’s loan review process is a great way to identify gaps in training and create more efficient operations.

Lending 195

Lending Training Guidelines Policies 195