Abrigo

APRIL 6, 2022

The war in Ukraine has financial institutions on high alert for cybersecurity threats. Background Historically, the federal banking regulators required financial institutions to file two types of reports for certain cybersecurity incidents. A covered financial institution does not include credit unions.

Cybersecurity 78

Cybersecurity CECL Law Firms Credit Risk 78

Abrigo

MARCH 29, 2023

Stay up to date on AML/CFT and fraud trends with more professional development.

Cybersecurity 78

Cybersecurity Credit Unions Credit Risk Transactions 78

Abrigo

DECEMBER 7, 2021

According to the FFIEC, there are no required risk categories, and the number and detail of these categories vary based on the bank or credit union's size or complexity. Determine whether these volumes are increasing or decreasing and what controls the bank or credit union has in place for each. Fraud Prevention.

Cybersecurity 78

Cybersecurity Credit Unions Transactions Credit and Collections 78

Abrigo

JULY 16, 2021

Community financial institutions generally have a much lower risk profile than larger U.S. banks and credit unions, and they may believe that these serious AML/CFT concerns will not affect their communities. There are many steps community banks and credit unions can take to stop these illicit funds from flowing through our U.S.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit Risk 78

Abrigo

FEBRUARY 3, 2020

One challenge at a lot of banks and credit unions, however, is that a substantial chunk of the IT budget is tied up in technology infrastructure and maintenance and therefore, cannot be used for those new initiatives. Credit Risk Regulation. Financial Cybersecurity. Asset/Liability. Fraud Prevention. Learn More.

Credit Unions 60

Credit Unions CECL Cybersecurity Credit Risk 60

Abrigo

APRIL 30, 2020

Automated models enable institutions to better understand how much revenue a bank or credit union could lose based upon different scenarios. Prioritizing these requests will be critical in successfully managing credit risk and maintaining profitability. Financial Cybersecurity. Artificial Intelligence. Learn More.

Cybersecurity 78

Cybersecurity Credit Unions Credit Risk Small Businesses 78

Biz2X

JULY 25, 2023

The demand for seamless and convenient end-to-end financial services online will only increase with time, and community banks and credit unions must leverage technology to optimize their lending processes and remain at the cutting edge of customer service.

Default 52

Default Cybersecurity Credit Unions Credit Risk 52

Abrigo

JUNE 30, 2020

Communication and collaboration are key to helping remote bank and credit union workers succeed. For PPP lenders, many workers might have continued coming into the bank or credit union branch or office, but they were unable to meet face-to-face with co-workers or customers/members due to restrictions on in-branch traffic.

Credit Unions 78

Credit Unions Cybersecurity Credit Risk CECL 78

Abrigo

NOVEMBER 19, 2015

The top four answers, all being selected 50 percent of the time or higher, were enterprise risk management, cybersecurity, stress testing and capital planning. For tips on how to improve your institution’s credit culture, access the archived webinar: Instilling the Right Credit Risk Culture.

Cybersecurity 60

Cybersecurity Credit Risk Credit Unions 60