Abrigo

SEPTEMBER 28, 2022

Construction loan administration Find out how today's technology has changed the shape of construction loan administration, creating a better customer experience and reducing risk. You might also like this webinar, "How to manage a high-performing construction loan portfolio." Stay up to date on credit risk. Whitepaper.

Credit Risk 78

Credit Risk Dashboards Transactions 78

Abrigo

MAY 19, 2023

You might also like this webinar, "Return to basics: Asking the right credit risk questions." Introduction A few good men and women In previous articles, we have explored the objectives of a loan review and credit risk review system in general.

Credit Risk 78

Credit Risk Credit Unions Revenue Recognition Default 78

Abrigo

SEPTEMBER 29, 2022

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." Construction loan management software helps lenders manage their financial transactions. Whitepaper.

Credit Risk 78

Credit Risk Credit Unions Dashboards Transactions 78

Abrigo

FEBRUARY 14, 2023

Abrigo has been closely tracking the development of the CFPB’s requirements to collect and report small business loan data, and its team of product and compliance experts attends all relevant webinars and calls with the CFPB. What is a “covered" credit transaction? Which credit transactions are excluded?

Small Businesses 78

Small Businesses Credit and Collections Credit Unions Credit Risk 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

SEPTEMBER 5, 2023

When and how to cite credit exceptions A policy on credit exceptions can address many factors that can lead financial institutions to diverge from loan policy and miss signs of potential trouble. You might also like these on-demand webinars on tackling common credit risk questions.

Credit Risk 78

Credit Risk CECL Credit Unions Transactions 78

Abrigo

MAY 2, 2024

This includes defining the threshold for material loans or transactions and structuring the lending process accordingly. Loan Portfolio Building: By understanding the loan policy, lenders can align their efforts with the institution's goals for building a high-quality loan portfolio.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Abrigo

FEBRUARY 9, 2015

One of the most popular tools to monitor credit risk is a standardized risk rating system. A credit risk rating system provides banks and credit unions the opportunity to grade transactions in their commercial loan portfolio by level of risk. All credit exposures should be rated.

Credit Risk 60

Credit Risk Credit Unions Transactions 60

Abrigo

MARCH 13, 2024

Consequently, all stakeholders of CRE assets are understandably nervous, including bankers and their investors who, due to the highly leveraged nature of CRE transactions, provided the bulk of capital financing the industry. Watch this webinar on problem loans and how to identify them quickly with data and reports. Want to learn more?

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

JANUARY 17, 2024

Human trafficking red flags, strategies, and support Human trafficking is more prevalent than most realize, and banks and credit unions can help prevent it. You might like this upcoming webinar, " Unveiling human trafficking: Perspectives, realities, and strategies." Know the red flags to watch for. and worldwide.

Nonprofit Organizations 103

Nonprofit Organizations Credit Unions Transactions Credit Risk 103

Abrigo

FEBRUARY 23, 2022

You might also like this webinar on small business lending best practices. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Credit Analysis Training. Credit Risk Management. Lending & Credit Risk. Learn More. Asset/Liability. Learn More.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

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.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Small Businesses 78

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

MARCH 3, 2022

Learn more with this best practices webinar. Watch Webinar. Lending & Credit Risk. Lending & Credit Risk. How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans. How Relationship Lending & A Transaction-Oriented Focus Can Win More Business Loans.

Small Businesses 78

Small Businesses Credit Risk Transactions 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. Since Abrigo Connect is powered by AI and GPT 3.5,

Credit and Collections 78

Credit and Collections Credit Risk Credit Unions Dashboards 78

Abrigo

FEBRUARY 12, 2020

Despite expectations for growth, bankers, regulators, investors, and others are watchful about potentially lower returns and credit risks ahead. This increase in property values is expected to translate into increased sales transactions and demand for mortgage debt in 2020." Lending & Credit Risk. CRE Lending.

Credit Risk 78

Credit Risk CECL Insurance Companies Transactions 78

Abrigo

MAY 30, 2023

Takeaway 2 Reporting tiers and their deadlines are based on the number of covered transactions to small businesses that a lender originated in 2022 and 2023. Despite the seemingly long runway to prepare, it's not too early to get a handle on the new requirements and how they will affect a bank or credit union.

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78

Abrigo

FEBRUARY 23, 2022

“Used to the simplicity and speed of services such as Uber, Spotify, and Amazon, principals, and decision-makers of banks’ commercial borrowers have long sought similar levels of convenience when conducting borrowing transactions,” noted the author. Win more small business deals: Watch this webinar on SMB Lending Best Practices.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

JULY 10, 2020

Not long ago, financial institutions almost solely relied on traditional, rules-based BSA/AML transaction monitoring. These rules identify anomalies, such as an abnormally high volume of transactions or patterns of transactions falling within an institution’s internal threshold. Lending & Credit Risk.

Credit Risk 78

Credit Risk Transactions Small Businesses 78

Abrigo

AUGUST 22, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." billion in fraudulent transactions, a staggering 47% of which were check fraud. One would think as technology improves so would the safeguarding features around monetary transactions. Lending & Credit Risk.

Cybersecurity 78

Cybersecurity CECL Transactions Credit Risk 78

Abrigo

JANUARY 19, 2022

You might also like this webinar, "Is Inflation the Big Gift to Your Future Earnings?" Meanwhile, the adoption of the current expected credit loss model, or CECL , is prompting a re-evaluation of credit risk spreads and how those will affect loan pricing and profitability. Lending & Credit Risk.

Credit Unions 78

Credit Unions Credit Risk CECL Transactions 78

Abrigo

SEPTEMBER 1, 2020

Between the numbers of applicants, the strong demand for limited funds, and the restrictions on face-to-face transactions, financial institutions without automation were easily overwhelmed. which specializes in banker training and bank consulting services in credit risk underwriting and loan portfolio risk. “A Whitepaper.

Credit Unions 78

Credit Unions Credit Risk Small Businesses Transactions 78

Abrigo

DECEMBER 4, 2020

The current threshold for covered cross border transactions is $3,000 and the proposed rule would reduce the threshold to $250. Additionally, the Agencies determined that the current thresholds may no longer be sufficient in understanding these transactions and recipients. Watch Webinar. Lending & Credit Risk.

Credit and Collections 78

Credit and Collections Transactions Credit Risk 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. The goal is to eliminate the threat before any inside fraudulent transactions occur. Develop a consumer risk rating process encompassing the possibility of 1 st- party fraud on consumer accounts.

CECL 78

CECL Credit Unions Transactions Credit Risk 78

Abrigo

SEPTEMBER 11, 2023

Strategies for adopting AI at your financial institution Abrigo CTO Ravi Nemalikanti offers insights on how banks and credit unions can begin to utilize generative AI. You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles."

Credit Unions 78

Credit Unions CECL Default Transactions 78

Abrigo

MAY 15, 2020

It is not too late to perform CDD and transaction monitoring of these businesses – the regulators will expect it. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk. Kylee Wooten, content and media relations manager, contributed to this article. . C&I Loans.

Credit Risk 78

Credit Risk Transactions Small Businesses 78

Abrigo

MAY 13, 2020

SBA loans are notorious for their lengthy turnaround times and manual processes, and community financial institutions with their relationship focus tend to complete financial transactions “in a face-to-face way,” O’Connell said. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Credit Unions Transactions Small Businesses 78

Abrigo

SEPTEMBER 1, 2020

Between the numbers of applicants, the strong demand for limited funds, and the restrictions on face-to-face transactions, financial institutions without automation were easily overwhelmed. which specializes in banker training and bank consulting services in credit risk underwriting and loan portfolio risk. “A Learn More.

Credit Unions 78

Credit Unions Credit Risk CECL Small Businesses 78

Biz2X

NOVEMBER 13, 2023

Robust Risk Management: The financial landscape is rife with complexities, and community banks must fortify their risk management capabilities. AI-driven algorithms can analyze vast datasets in real-time, enhancing fraud detection, credit risk assessment, and regulatory compliance.

Credit Risk 52

Credit Risk Transactions 52

Biz2X

NOVEMBER 13, 2023

Robust Risk Management: The financial landscape is rife with complexities, and community banks must fortify their risk management capabilities. AI-driven algorithms can analyze vast datasets in real-time, enhancing fraud detection, credit risk assessment, and regulatory compliance.

Credit Risk 52

Credit Risk Transactions 52

Abrigo

JANUARY 27, 2020

Key Takeaways Make sure your credit union is filing SARs and CTRs properly. Strengthen credit risk by improving your credit union's loan underwriting standards. The agency published its 2020 supervisory priorities to help credit unions prepare for their next exam. Strengthen credit risk by improving underwriting.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit Risk 78

Abrigo

JANUARY 25, 2022

Moreover, Cornerstone Advisors found that nearly 9 of every 10 senior executives from 300 mid-size financial institutions said fintech partnerships are important, said Ron Shevlin, Cornerstone's Chief Research Officer, during a webinar reviewing the “ What’s Going on in Banking 2022 ” survey results. Lending & Credit Risk.

Credit Unions 78

Credit Unions CECL Credit Risk Transactions 78

Abrigo

APRIL 7, 2022

You might also like this webinar, "Mergers & Acquisitions in a CECL Environment." A poll of Abrigo’s recent mergers and acquisitions webinar audience found 35% in the process of acquiring and 41% considering merger and acquisition activity in the near future. Portfolio Risk & CECL. CECL Accounting. Learn More.

CECL 78

CECL Credit Unions Transactions Credit Risk 78

Abrigo

DECEMBER 27, 2022

After the fraudster receives the fee, the investment transaction is never executed. Watch the webinar. Lending & Credit Risk. Portfolio Risk & CECL. Advance fee schemes: Advance fee fraud occurs when investors are asked to pay a fee upfront for an investment deal to go through. Keep me informed. Whitepaper.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Abrigo

MAY 24, 2023

This would enable CRBs to transact business by means other than cash, providing an auditable trail for financial institutions to monitor for suspicious activity. If signed into law, the SAFE Act would allow banks to provide services to cannabis-related businesses (CRBs) in states that have passed the legalization of marijuana in some form.

Credit Unions 78

Credit Unions Law Firms Credit Risk Transactions 78

Abrigo

JUNE 28, 2023

CTRs filed Currency Transaction Report metrics are a great addition to the board report. Some AML compliance reports I suggest you include are: SAR report Suspicious Activity Report metrics should include the number of SARs filed, the type of SARs filed, and the dollar amount reported.

Credit Unions 78

Credit Unions Dashboards Credit Risk Transactions 78

Abrigo

JULY 30, 2019

An automated credit analysis solution that can create customizable credit memos can also help financial institutions incorporate four traits that effective credit memos have. Trapp outlined the four traits in a recent webinar, “ Writing Effective and Efficient Credit Memos.” Book loans faster while managing risk.

Credit Risk 60

Credit Risk Credit and Collections CECL Credit Unions 60