Abrigo

FEBRUARY 14, 2024

Find commercial real estate risks in the loan portfolio Sound risk management practices in commercial real estate lending help lenders manage CRE credit losses and protect the portfolio's profitability. You might also like this podcast, "How to sleep easier at night about your capital and risk levels."

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

DECEMBER 31, 2019

Key Takeaways Risk management practices were on the minds of bankers in 2019 Some of the most popular blog posts of 2019 were about stress testing and CECL. Risk management practices were in the spotlight in 2019. What is the PD/LGD Transition Matrix Model for CECL? CECL and stress testing.

CECL 60

CECL Credit Unions Credit Risk Default 60

Abrigo

DECEMBER 14, 2023

King outlined the following best practices for developing and refreshing your strategic plan and encouraged banks and credit unions to make them an integral part of board meetings. Learn how to tap your data to generate management insights. keep me informed Learn more about Abrigo Connect What is your destination? Where are you?

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

Abrigo

MARCH 21, 2024

Find the right support for your credit union merger Consider the benefits of a third-party fair value specialist to smooth the credit union merger accounting process. Takeaway 3 Seek out a firm with credit union merger experience that brings credentials, communicates well, and takes a comprehensive view of the merger.

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

DECEMBER 18, 2023

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. You might also like this webinar on credit department housekeeping. Examine existing loans and those in the pipeline carefully and adjust for risk.

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

Abrigo

OCTOBER 17, 2023

Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change. This article describes recent comments by financial regulators about managing change.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

JANUARY 30, 2024

Takeaway 3 ThinkBIG conference sessions can help bank and credit union professionals earn required credits for continuing education. Abrigo’s ThinkBIG conferences have been a cornerstone of learning for lenders, risk professionals, and AML/CFT professionals for more than two decades. Don’t take our word for it, though.

Credit Unions 78

Credit Unions CECL Credit Risk Cybersecurity 78

SAP Credit Management

AUGUST 14, 2023

If they do not publish these, they will usually risk a fine. It’s the cornerstone of corporate governance and can protect the organizations from a wide range of risks: operational, reputation, legal, financial, etc. What else does internal control do? But this is far from being a general rule. Without additional effort.

Small Businesses 154

Small Businesses 154

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."

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. T he following best practices address the top AML concerns specific to credit unions. FinCEN assessed a $1.5

Credit Unions 88

Credit Unions Trust Companies Transactions 88

Abrigo

JANUARY 24, 2024

Bidders need access to a large data platform with business analytics capabilities and experienced credit and valuation professionals who can use it to understand the data and make value decisions. As such, the FDIC announced in its 2024 budget that it is increasing its examination staff to include 189 new positions.

CECL 78

CECL Credit Risk 78

Lendio

APRIL 23, 2024

The shareholders who are going to guarantee the loan and the management of the business will all come under scrutiny to determine if they are reliable and will repay the funds. The lender will usually look at the credit history of the business owner to gauge honesty and reliability. Whether or not they’ve used credit before.

Credit Scoring 52

Credit Scoring Credit and Collections Default 52

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. You might also like this on-demand webinar, "Identifying emerging CRE risks." help financial institutions adapt quickly to trends.

Dashboards 78

Dashboards Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 16, 2023

Advice from a former credit union BSA Officer A former compliance officer offers considerations for creating a successful and compliant AML program at your credit union. T he following best practices address the top AML concerns specific to credit unions. FinCEN assessed a $1.5

Credit Unions 78

Credit Unions Trust Companies Transactions 78

Abrigo

DECEMBER 5, 2023

But what makes an exceptional BSA Officer? Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer. Here are the top 10 qualities financial institutions should prioritize when hiring for this vital role.

Credit Unions 88

Credit Unions Transactions 88

Abrigo

DECEMBER 23, 2022

Blog posts to help your asset/liability management (ALM) staff strategize for the future These ALM posts were the most popular in 2022. Our top ten blogs were created by Abrigo's team, which includes former bankers, regulators, and industry experts. Would you like other articles like this in your inbox? For rookies and experts.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

APRIL 7, 2023

Here's what to say when presenting a case for software at your institution. Additionally, the process of translating all this information into a persuasive business case is often a new or unfamiliar endeavor for a Loan Review Manager. At Abrigo, we understand how difficult this process can be.

Credit Risk 78

Credit Risk CECL 78

Lendio

MAY 6, 2024

If you’re trying to decide whether you should accept credit card payments, it’s never been easier. This guide will help you to decide whether you should take advantage of the estimated 441 million open credit card accounts in the United States. Why accept credit cards? Why you might not be able to accept credit cards.

Credit Card Payments 98

Credit Card Payments Small Businesses Credit and Collections Transactions 98

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Abrigo

MARCH 24, 2023

Best practices for your BSA/AML risk assessment Learn top tips for creating a risk assessment to capture your credit union's risk. You might also like this resource: "BSA/AML risk assessment checklist." READ Takeaway 1 Documentation is one of the most critical aspects of performing a risk assessment.

Credit Unions 78

Credit Unions Cybersecurity Credit and Collections Transactions 78

Due

MAY 14, 2024

This remarkable resurgence is largely credited to the power of social media, specifically the Reddit community, and the involvement of high-profile investors like Dave Portnoy. These investors are not afraid to take risks and are often driven by a desire to disrupt the traditional financial system.

Credit and Collections 52

Credit and Collections 52

Abrigo

AUGUST 24, 2023

Adapting to higher interest rates What does the "higher for longer" scenario for interest rates mean for U.S. ZN: What challenges have lenders encountered in this environment of rapidly rising rates? ZN: What are the implications for banks’ funding costs? financial institutions and borrowers? banks and borrowers.

Credit Risk 78

Credit Risk CECL Credit Unions 78

Abrigo

JULY 14, 2023

Takeaway 1 Exactly what information is needed to evaluate the viability of identified short- and long-term goals? Takeaway 3 What periodic monitoring of performance against strategy will provide the best gauge of whether the strategy is working? A pertinent question could be: what critical questions do you need to answer?

Credit Unions 78

Credit Unions CECL Dashboards Revenue Recognition 78

Abrigo

MAY 27, 2022

What Makes a Successful Credit Manager Focusing on these traits can only help you become a better credit manager at your financial institution. 5 Traits of the Ideal Credit Manager. Below are five traits integral to being a successful credit manager. Credit Analysis Training.

Credit Management 78

Credit Management Credit Risk 78

Abrigo

JUNE 28, 2023

You might also be interested in this AML/CFT risk assessment checklist. Takeaway 3 Recommended reports on AML and fraud metrics for the board include those on high-risk customers and trends on types of fraud and suspicious activity seen. They wear many hats, especially in smaller community banks and credit unions.

Credit Unions 78

Credit Unions Dashboards Credit Risk Transactions 78

Abrigo

NOVEMBER 2, 2022

Here's what to look for in a software. Draws are often requested via email or phone and managed manually on a spreadsheet, and user errors or miscommunications can lead to overfunded or underfunded clients. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." DOWNLOAD .

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Abrigo

JUNE 3, 2021

Takeaway 2 While crypto crime fell in 2020, there are many risks financial institutions must be aware of. Takeaway 3 To fight cryptocurrency-related risks and mitigate losses, be vigilant and stay on top of fraud trends. By Hannakah Rubin, Risk Management Consultant at Abrigo. What's going on in cryptocurrency?

Cybersecurity 147

Cybersecurity Credit Unions 147

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." keep me informed.

Credit Risk 78

Credit Risk CECL Small Businesses 78

Lendio

APRIL 27, 2023

What Is Equity Financing? Types Of Equity Financing There are a variety of methods to raise equity capital, including seed capital, angel capital, and managed venture capital. Types Of Equity Financing There are a variety of methods to raise equity capital, including seed capital, angel capital, and managed venture capital.

Credit Reporting Agencies 92

Credit Reporting Agencies Deductions Default Small Businesses 92

Abrigo

DECEMBER 1, 2021

Takeaway 2 It's imperative that FI senior management demonstrate commitment to a robust loan review program. . This article is substantially updated from a 2013 blog post. The loan control function is typically spread over three functional areas within the institution: credit administration, audit, and loan review.

Credit Risk 78

Credit Risk Credit Unions 78

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." Signs of increased activity ahead.

Credit Unions 78

Credit Unions Credit Risk CECL Credit Management 78

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Would you like other articles like this in your inbox?

Credit Unions 78

Credit Unions Credit Risk Default 78

Abrigo

OCTOBER 4, 2022

Several factors make this rising-rate environment different, so strong asset/liability management is critical for increased earnings. Takeaway 1 Banks and credit unions can increase earnings in a rising-rate environment with careful asset/liability management. Is that what we are seeing? DOWNLOAD . 5 rate hikes.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. Determining what different fraud types are trending and how they work can help financial institutions counteract hard dollar fraud losses. FinCEN's emphasis underlines financial institutions' need to incorporate fraud within their risk assessment framework.

CECL 78

CECL Credit Unions Transactions Credit Risk 78

Onguard

AUGUST 30, 2023

A thorough risk management is indispensable for any finance department. Moreover, estimating financial risks is increasingly dynamic and complex these days, for instance, due to increasing technological innovations such as crypto and blockchain. Of course, in uncertain economic times, cash flow problems do lurk.

Credit Management 52

Credit Management 52

Abrigo

OCTOBER 19, 2023

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. And what does it mean for banks and credit unions? But how did Cybersecurity Awareness Month start?

Cybersecurity 88

Cybersecurity Credit Unions Transactions 88