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

Abrigo

MAY 8, 2024

How banks and credit unions use genAI today Short supporting copy. Credit unions are jumping in too. Banks and credit unions want to serve their clients better and improve their services and products. Introduce key takeaway below. This short be 2 lines max. Others are steering clear until the dust settles.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Abrigo

APRIL 12, 2021

Takeaway 2 Once a bank or credit union understands the need for an LOS, it develop one or use a third-party vendor. A loan origination system (LOS) has become a common banking buzzword among banks and credit unions in recent years. It’s also important to understand how an LOS may be able to help your bank or credit union.

Credit Unions 135

Credit Unions Credit Risk Credit and Collections Cybersecurity 135

Abrigo

MARCH 29, 2023

Under the PPP program, the Small Business Association (SBA) rolled out two relief rounds for certain small businesses. As part of the $2 trillion coronavirus stimulus bill , Congress authorized Paycheck Protection Program (PPP) funding.

Cybersecurity 78

Cybersecurity Credit Unions Credit Risk Transactions 78

Abrigo

JANUARY 13, 2015

During an October 2014 NCUA examination of Palm Springs Federal Credit Union (FCU), a confidential flash drive went missing. Matz recently stated that a revised risk-based capital rule will be proposed, as well a fixed assets rule that would require the use of a fixed-asset management plan by credit unions.

Cybersecurity 83

Cybersecurity Credit Unions Small Businesses 83

Abrigo

FEBRUARY 8, 2024

Takeaway 3 Numerous resources can help banks and credit unions offer training on fraud to help customers or members recognize scams and avoid theft. Fraud losses mount Why educate bank/credit union clients on fraud? Guide customers on how to enable and use MFA features for their accounts.

Credit Unions 78

Credit Unions Transactions Small Businesses Cybersecurity 78

Abrigo

APRIL 8, 2020

Small Business Administration (SBA) received funding and authority to assist small businesses nationwide that have been adversely impacted by the COVID-19 emergency. As part of the CARES Act, the U.S. What makes up the Interim Final Rule? Institutions need more guidance around PPP loans.

Credit Unions 78

Credit Unions Credit and Collections Cybersecurity Small Businesses 78