SAP Credit Management

SEPTEMBER 1, 2023

As the heart of business processes and information, having the right ERP software is essential to collecting, measuring, and sharing sustainability data and KPIs. Banks are increasingly committed to net-zero lending practices and, as a result, they are factoring sustainability into credit risk assessments for all their lending.

Credit and Collections 167

Credit and Collections Credit Risk Transactions 167

Credit Management Group UK

NOVEMBER 7, 2022

Collection Performance £99 per person Running w/c 16th January 2023 Our Improving Cash Flow courses are beneficial to those new to collections, with no formal training, or to those who view the course as a refresher in credit control, wishing to improve and develop their collection techniques. Struggling to get paid?

Credit Management 65

Credit Management Credit and Collections 65

Waystar

MARCH 21, 2023

Point-of-service collections in healthcare grow more complex — and more critical — each day. Use these four tips to improve your collections at the time of care. Point-of-service collections in healthcare tip: 1. Share the costs Co-payment collections are a necessity. Can’t wait for a new blog each week?

Credit and Collections 52

Credit and Collections Deductions Transactions 52

Abrigo

AUGUST 1, 2017

In order to prepare for FASB’s Current Expected Credit Loss (CECL) model, credit unions are currently relying on different methods to collect and store data. Limited Data Collection Method In this method, credit unions leverage core system(s) to capture data.

Credit Unions 60

Credit Unions CECL Credit and Collections 60

Abrigo

JANUARY 24, 2024

Prevent fraud when adopting FedNow Credit unions can prevent fraud as they connect to FedNow. DOWNLOAD Takeaway 1 Preventing fraud is a top concern of credit unions considering adopting FedNow, the new instant payments infrastructure from the Federal Reserve. These include the ability to accept a payment without posting.

Credit Unions 88

Credit Unions Credit and Collections Transactions Cybersecurity 88

RMAi Blog

MAY 12, 2023

Nat’l Credit Sys. , A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. 1692c(c) (failure to cease communications and cease collections) of the FDCPA.” 21-3131, 2023 U.S. LEXIS 10237 (7th Cir. EOS USA, Inc.

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Collector Credit and Collections Law Firms Debt Collections 130

Abrigo

MARCH 14, 2024

You might also like this SMB Lending Insights report for banks and credit unions Download report Takeaway 1 Banks need to implement customer retention strategies to keep their valuable customers, not just attract new ones. Follow this guide for strategies to stay competitive. Read the buyer's guide to lending solutions.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Professional Credit

FEBRUARY 17, 2022

This month we are hosting an exclusive webinar to provide a deep dive into the same strategy we used to achieve these considerable results. Webinar Takes a Deep Dive into the Impact of Advanced Payment Solutions in Rural Health appeared first on Professional. Register Today. The post NEW!

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Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. Would you like other articles on loan review in your inbox?

Credit Risk 78

Credit Risk Credit Unions CECL Credit and Collections 78

Abrigo

DECEMBER 27, 2022

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 post 2023 Fraud trends: What banks and credit unions can expect appeared first on Abrigo. Update and adjust. Reassessing procedures for 2023. Keep me informed.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

RMAi Blog

DECEMBER 14, 2022

The Assurance of Discontinuance alleges the retailer was targeted in a cyberattack in 2018 resulting in customers’ credit card numbers and login credentials being made available for sale on the dark web. RMAI is collecting donations for the 2023 Annual Conference Silent Auction, sponsored by Kino Financial. Miss a Webinar?

Law Firms 130

Law Firms Credit and Collections Credit Unions Debt Collections 130

Abrigo

JULY 5, 2020

Key Takeaways Credit unions participating in the Paycheck Protection Program (PPP) found that the right technology helped them serve business members when they needed help and also gain new members. Technology can facilitate delivery on credit unions' brand promise of relationship-based services.

Credit Unions 78

Credit Unions Credit and Collections Credit Risk Small Businesses 78

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." WATCH Takeaway 1 Loan review officers must figure out how to adhere to the FDIC’s guidance on loan review and credit risk review systems. Read more for specific objectives every loan review system should meet.

Credit Risk 78

Credit Risk Credit Unions Credit and Collections Small Businesses 78

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

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. Listen to our webinar on Spotify.

Credit Management 52

Credit Management Credit and Collections Invoice Amount DSO 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. Has your credit union started your annual process for updating your anti-money laundering/countering the financing of terrorism (AML/CFT) risk assessment?

Credit Unions 78

Credit Unions Cybersecurity Credit and Collections Transactions 78

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

DECEMBER 14, 2023

You might also like this on-demand webinar, "Strategic plan: How to develop and monitor at your financial institution." In a recent webinar , Abrigo Senior Advisor Paula King provided practical tips to help develop a strategic plan that aligns with your financial institution’s goals, enhances competitive advantage, and drives growth.

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

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

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

SEPTEMBER 28, 2022

You might also like this webinar, "How to manage a high-performing construction loan portfolio." Stay up to date on credit risk. Watch the webinar, "Credit risk management: Best practices & examiner priorities in uncertain times". Watch Webinar. Lending & Credit Risk. Lending & Credit Risk.

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Credit Risk Credit and Collections 78

Abrigo

AUGUST 23, 2017

“When considering member business lending and the consumer portfolio where many credit unions focus, change management to prepare for CECL can be even more difficult with a credit union,” says Danny Sharman, risk management consultant at Sageworks during a recent CECL webinar – Data Quality for Credit Unions.

Credit Unions 60

Credit Unions CECL Credit and Collections 60

Waystar

APRIL 25, 2023

To calculate it: Divide total current receivables by the average daily charge. Remove your credit balance (which only offsets and, thus, distorts receivables; track those separately) Calculate your average daily charge based on the past 90 days (ex. Aged receivables are more costly to collect, and the probability of collection dips.

Medical Billing 98

Medical Billing Dashboards Credit and Collections Current Receivables 98

Abrigo

FEBRUARY 11, 2022

You might also like " CECL Streamlined: A Webinar Series for 2023 Adopters". Current expected credit loss (CECL) implementation won’t be delayed again, the Financial Accounting Standards Board (FASB) has decided, leaving smaller SEC registrant and private financial institutions a 2023 deadline for adopting the critical accounting standard.

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CECL Credit Unions Credit and Collections 78

Credit Tools

SEPTEMBER 7, 2022

Cash collection, credit risk management, dispute resolution, how to evaluate the performance of your company?

Credit Risk 52

Credit Risk 52

Credit Tools

MAY 19, 2023

In this webinar credit project experts dicsuss how analytics and technologies support collection. Uncertainty about financial resources and customer payments can slow down decision-making process.

Credit and Collections 52

Credit and Collections 52

SAP Credit Management

JULY 25, 2023

Learning Opportunities : Providing access to valuable resources, webinars, workshops, and events to keep members informed about the latest SAP innovations, trends, and technologies.

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Waystar

MARCH 15, 2023

Rebrand collections To create a successful pre-visit financial clearance process, savvy healthcare organizations are restructuring collections. While these teams may require the same amount of staff resources as the business office, they exact a much higher amount of collections. PAtient financial experience TIP: 2.

Credit and Collections 98

Credit and Collections Collector Bad Debt Deductions 98

SAP Credit Management

JANUARY 25, 2023

Webinars and online events became increasingly popular since the Covid pandemic. This blog post is intended to continuously collect events and it will be updated regularly as new ones are organized. There is a wide variety of them out there, but it is hard to find out about them in time.

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Professional Credit

MAY 23, 2022

Justin, and the WCA, have positively influenced consumer collection laws to protect our clients and ensure they get the greatest recovery. Some highlights of what they’ve accomplished this last year include stopping the state of Washington Privacy Act and Expansion of Property Exemptions in the collection process .

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Collector Credit and Collections 52

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

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

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

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA lending this year and beyond. Offering SBA lending at the institution is a good way to “get in the door” with good credits. 1 and Sept.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

JUNE 3, 2016

The Financial Accounting Standards Board’s (FASB) long-awaited final guidance on its new standard for measuring expected credit losses is expected to be released in June, a step that will be a major milestone in the multi-year development of the current expected credit loss (CECL) model. The replay of that webinar is available here.

Credit Unions 68

Credit Unions CECL Credit and Collections Accounting Firms 68

Abrigo

JULY 20, 2021

In a recent survey of more than 250 bankers representing banks and credit unions, 61% of respondents said their financial institution plans to maintain or increase SBA loan origination this year and beyond. Offering SBA lending at the institution is a good way to “get in the door” with good credits. 1 and Sept.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78