Abrigo

MAY 30, 2023

Timelines for small business loan data collection and reporting Deadlines for complying with the new CFPB section 1071 rule requirements for financial institutions to collect data on small business loan activities. Takeaway 3 The earliest deadline requires financial institutions to begin collecting data Oct.

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78

Abrigo

DECEMBER 27, 2022

After the fraudster receives the fee, the investment transaction is never executed. Or they claim their targets have won a foreign lottery or sweepstake, which they can collect for a "fee." Watch the webinar. Lending & Credit Risk. The letter may be sent by mail, fax, or email. Update and adjust. Keep me informed.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Onguard

AUGUST 9, 2023

Which FinTech technologies are transforming the credit management process? Digital transformations: the future of credit management Big data & AI Expectations of big data and artificial intelligence (also known as artificial intelligence or AI) have been high for years. The world of finance isn’t left behind in this regard either.

Credit Management 52

Credit Management Credit and Collections Invoice Amount DSO 52

SAP Credit Management

AUGUST 29, 2023

Each month ill review articles, research papers and webinars, and provide you with a brief summary of the most important papers, what they contain, what they may mean and try to draw some parrels between them. Clause extraction follows closely at 39%, indicating a focus on leveraging AI for more efficient contract review and understanding.

Transactions 120

Transactions 120

Abrigo

MARCH 13, 2024

How to respond to CRE loan distress Use these tips for banks and credit unions to identify and handle commercial real estate loans that are showing signs of being problem CRE credits. Takeaway 1 Engaging the bank or credit union loan workout team or an outside expert can help restore CRE loans in distress or mitigate their impact.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

MAY 18, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." How broad a field does loan review need to plow to unearth potential credit risks and assess overall credit quality? Scope in loan reviewing What is the scope of an adequate loan review?

Credit Risk 78

Credit Risk Credit and Collections Default Credit Scoring 78

Abrigo

JULY 27, 2023

How banks and credit unions can leverage regtech What FI staff members need to know when considering implementing regtech in the banking sector. Takeaway 3 Banks and credit unions considering regtech should make sure their provider is adaptable and their institution is ready for implementation. What is regtech?

Credit Unions 78

Credit Unions Credit and Collections Transactions 78

Abrigo

JULY 27, 2023

How banks and credit unions can leverage regtech What FI staff members need to know when considering implementing regtech for banks. Takeaway 3 Banks and credit unions considering regtech should make sure their provider is adaptable and their institution is ready for implementation. What is regtech?

Credit Unions 78

Credit Unions Credit and Collections Transactions 78

Abrigo

SEPTEMBER 29, 2022

Essential technology for modern lending and credit departments. Learn more about what they are and how they help banks and credit unions gain needed efficiency in the loan administration process. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Stay up to date on credit risk.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Transactions 78

Abrigo

JULY 25, 2023

Takeaway 1 Unlike ACH transfers and personal payment options like Venmo, FedNow transactions can complete core clearing and settlement within seconds. FedNow transactions, by contrast, allow credit transfers to complete core clearing and settlement almost immediately, within seconds.

Credit Unions 78

Credit Unions Credit and Collections Transactions 78

Abrigo

MARCH 4, 2022

billion by 2023, synthetic identity fraud impacts customers' experiences and creates costs tied to collections. The intent of creating the synthetic identity can vary greatly, from creating a credit profile to human trafficking. Piggybacking is a method of using an individual's credit for gain. Synthetic ID Fraud.

Credit Unions 78

Credit Unions Credit and Collections Transactions Cybersecurity 78

Abrigo

JUNE 23, 2023

You might also like this on-demand webinar on the new CFPB small business data collection rule Watch Takeaway 1 Banks and credit unions often face challenges implementing data warehouses and are not pleased with the result. Stay up to date on the CFPB 1071 data collection rule and other lending compliance topics.

Credit and Collections 78

Credit and Collections Credit Risk Credit Unions Dashboards 78

Abrigo

DECEMBER 4, 2020

The first rule in the NPR is the Recordkeeping Rule , which requires financial institutions to collect and retain information on certain funds transfers and transmittals. The current threshold for covered cross border transactions is $3,000 and the proposed rule would reduce the threshold to $250. Watch Webinar. Learn More.

Credit and Collections 78

Credit and Collections Transactions Credit Risk 78

Abrigo

JULY 10, 2023

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

Credit Unions 60

Credit Unions Cybersecurity Credit and Collections Transactions 60

SAP Credit Management

FEBRUARY 8, 2023

Demo: SAP Product Footprint Management – Calculate Freight Transport Footprint Manage Data app: Configure master and transactional activity data for your transport footprints. Leverage Group Reporting’s existing abilities to manage and orchestrate global data collection processes for currencies, quantities, and texts for ESG scenario.

Dashboards 149

Dashboards Transactions 149

SAP Credit Management

SEPTEMBER 5, 2023

We support the Mass Changes for: sales orders, sales orders without charge, sales scheduling agreements, sales contracts, debit- and credit memo requests, and customer returns. With this application, the classic VA01 SAP GUI transaction is renovated into an SAP Fiori application for an intuitive user experience.

Credit and Collections 181

Credit and Collections Order to Cash Transactions Default 181

Abrigo

JULY 30, 2019

Why is writing effective credit memos so vexing? Given that a credit memorandum is one of the most critical documents in the life of the loan, it would seem like a straightforward process. However, lenders, credit analysts, and other banking staff frequently seek tips for writing better credit memos.

Credit Risk 60

Credit Risk Credit and Collections CECL Credit Unions 60

Abrigo

AUGUST 30, 2022

Expanding the commercial loan portfolio in today's market With the right strategies, banks and credit unions can expand their commercial loan portfolios successfully. You might also like this webinar on commercial lending strategy. Learn more about credit risk in a rising-rate environment in this video podcast. Knowing the why.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Emagia

OCTOBER 19, 2023

For CFOs, Treasure VPs, and senior credit professionals, this presents a unique opportunity to leverage the power of GenAI in addressing complex financial challenges, streamlining processes, and fostering a more innovative culture than that of competitors. That can result in invoicing delay, which ultimately delays collection.

Credit and Collections 52

Credit and Collections Transactions 52

Abrigo

AUGUST 18, 2020

Look at the customer due diligence ( CDD ) information or run a credit check to look for loan stacking , and make sure the number of employees makes sense for their payroll. Lending & Credit Risk. 5 Ways Your Transaction Monitoring System Can Detect COVID-19 Related Fraud. Asset/Liability. C&I Loans. SBA Lending.

Cybersecurity 78

Cybersecurity Credit and Collections Transactions Credit Risk 78

Abrigo

AUGUST 18, 2020

Look at the customer due diligence ( CDD ) information or run a credit check to look for loan stacking , and make sure the number of employees makes sense for their payroll. The coronavirus pandemic has created a “new normal” for many industries, including the financial industry. BSA Rules and Regulation. Card Fraud. Fraud Prevention.

Cybersecurity 78

Cybersecurity Credit and Collections Transactions Small Businesses 78

Abrigo

SEPTEMBER 13, 2022

How to balance AML priorities Transaction monitoring is a critical component of a strong BSA program and a risk-based approach will allow for the best use of valuable resources. . Takeaway 2 Regulatory guidance shows that transaction monitoring is not one-size-fits-all. Transaction monitoring: a BSA/AML cornerstone.

Transactions 78

Transactions Credit Unions Credit and Collections 78

Fundera

JULY 19, 2021

The strategy relies on collecting small donations from a collective group of individuals. Just be sure to check with your state’s nonprofit fundraising laws before you launch a campaign and start collecting donations. NPOs can choose between two transaction-based plans. Don’t believe it? GoFundMe Charity.

Nonprofit Organizations 40

Nonprofit Organizations Credit and Collections Dashboards Transactions 40

Fundera

NOVEMBER 10, 2017

Over the last few months, I’ve been collecting a list of questions from webinars and in-person events. I know you can add bank accounts to the QuickBooks bank feed, but can you add credit cards? First, you want to make sure that you’ve matched/added all of the transactions that have been downloaded to the bank feed.

Accounting Firms 68

Accounting Firms Credit and Collections Transactions 68

SAP Credit Management

JANUARY 25, 2023

Environment, Health, and Safety We ship a new SAP Fiori app, ‘My Emissions Declaration’, to collect, store, and calculate relevant emissions declaration data , which will later be used for regulatory reporting required by the German regulation ‘Emissionserklärung nach 11. And finally for Greece, we offer e.

Revenue Recognition 158

Revenue Recognition Credit and Collections Transactions 158

FICO Blog

JANUARY 18, 2023

Top 5 Debt Collection Posts of 2022: Crisis and Opportunity. As more people enter the collections queue due to rising costs and economic wobbles, our collections experts share their tips for early collections, digital approaches and more. Here are the top five posts from 2022 on debt collection trends. FICO Admin.

Debt Collections 52

Debt Collections Credit and Collections Collector Transactions 52

Fundera

JANUARY 14, 2019

Shopify Payments is a payment service provider that makes it possible to accept credit card payments. Photo credit: Shopify. The two more expensive plans—Shopify ($79 per month) and Advanced Shopify ($299 per month)—boast increased customization, lower credit card processing rates, and functionality for a larger group of people.

Credit and Collections 40

Credit and Collections Credit Card Payments Transactions Dashboards 40

Abrigo

SEPTEMBER 20, 2021

Data on Loans to Small Businesses is CFPB's Focus A proposed rule requires a wide variety of lenders to begin collecting new data on small business loans. . Takeaway 1 The CFPB's proposed rule applies to any lender with 25 or more covered transactions and many types of credits. . public utilities credit.

Small Businesses 78

Small Businesses Credit and Collections Credit Unions Credit Risk 78

Fundera

JUNE 21, 2019

Although Kounta does not offer their own payment processing service, they offer a few native integrations to allow you to accept credit cards. you can download the SumUp or Blackline add-on to your Kounta POS software and connect a fixed or mobile payment terminal to accept credit card payments. In the U.S., Customer Relationships.

Credit and Collections 40

Credit and Collections Credit Card Payments Transactions Dashboards 40

Abrigo

APRIL 2, 2024

You might also like this SMB Lending Insights report for banks and credit unions Download report Takeaway 1 Banks need to implement good business strategies to attract new customers and build on existing relationships. While banks collect various metrics, two critical items to track are business development (BD) activities and referrals.

Credit Risk 68

Credit Risk Credit and Collections Credit Unions Small Businesses 68

Fundera

JANUARY 29, 2019

Photo credit: Volusion. There is no credit card required—just enter some basic information about yourself and your business. Photo credit: Volusion. Photo credit: Volusion. Photo credit: Volusion. With Volusion payments you can accept all major credit cards. How to Get Started With Volusion in 7 Steps.

Dashboards 40

Dashboards Credit and Collections Default Small Businesses 40

Abrigo

MAY 8, 2024

How banks and credit unions use genAI today Short supporting copy. You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Credit unions are jumping in too. Banks and credit unions want to serve their clients better and improve their services and products.

Credit Unions 88

Credit Unions Cybersecurity CECL Credit and Collections 88

SAP Credit Management

JANUARY 25, 2023

They contain the journal entries for all business transactions that are posted to them. Leverage Group Reporting’s existing abilities to manage and orchestrate global data collection processes for currencies, quantities, and texts for ESG scenario.

Revenue Recognition 166

Revenue Recognition Credit and Collections Transactions 166

Gaviti

FEBRUARY 5, 2024

This release features the innovative Cash Application module, significant Credit Management enhancements, and the introduction of Gaviti Pay – a versatile payment gateway for streamlined, secure transactions. Pre Collection” Status : Enhanced internal Invoice Approval Feature.

Cash Applicator 52

Cash Applicator DSO Dashboards Credit and Collections 52

Fundera

APRIL 28, 2019

All come with unlimited storage, and the higher cost plans have lower credit card processing and shipping rates, plus more staff accounts. Once you have uploaded your products, Shopify allows you to group products into collections for customers to find them by category (i.e. sale items, seasonal products).

Dashboards 40

Dashboards Credit and Collections Transactions 40

SAP Credit Management

AUGUST 29, 2023

The remaining 5% of the requests will consist of heavier operations, such as the checkout, or operations impacted by housekeeping activities or contention, such as Garbage Collection. You can also watch this webinar , which provides an introduction to Dynatrace for SAP Commerce Cloud. Several long running requests (i.e.

Transactions 160

Transactions 160

Abrigo

SEPTEMBER 15, 2022

You might also like this webinar, "How to manage a high-performing construction loan portfolio." The researchers also found that banks are more likely to deny draw requests when projects have negative inspection reports, supporting the idea that information collected during monitoring is important to banks’ decision-making. Whitepaper.

Default 78

Default Credit Risk Credit and Collections Credit Scoring 78