Abrigo

SEPTEMBER 29, 2022

Construction loan softwares are a windfall of efficiency for financial institutions. Essential technology for modern lending and credit departments. Takeaway 1 Construction loan management software dramatically increases efficiency and reduces costs. Takeaway 2 Using this type of software is a good way to mitigate risk.

Credit Unions 78

Credit Unions Credit Risk Credit and Collections Transactions 78

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 10, 2023

Takeaway 2 Software helps streamline when employees are spread out and spread thin between remote work challenges and growing responsibilities. Leveraging loan review software   can help financial institutions maximize their existing resources. Learn what other banks are doing to manage.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. If your financial institution is considering automation, credit risk software can track ticklers and help manage loan documents and credit exceptions. Discover options for loan policy review assistance.

Credit Risk 78

Credit Risk CECL Credit Unions 78

Abrigo

OCTOBER 18, 2022

Top benefits of construction loan software for bankers and clients Why many banks and credit unions are turning to fintech for construction loan automation. Takeaway 2 Customers and lenders alike can save time and effort with the help of user-friendly construction loan software. Advantages of construction loan software.

Credit Risk 78

Credit Risk Credit Unions 78

Abrigo

NOVEMBER 2, 2022

Here's what to look for in a software. You might also like this whitepaper: "10 ways construction loan monitoring software saves time." Takeaway 2 Banks should seek out collaborative, easily accessible, customizable software for streamlined construction loan automation. Selecting the right construction loan automation software.

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Abrigo

SEPTEMBER 29, 2022

Construction loan management software Construction loan management softwares are a windfall of efficiency for financial institutions. Takeaway 1 Construction loan management software dramatically increases efficiency and reduces costs. Takeaway 2 Using construction loan management software is a good way to mitigate risk.

Credit Risk 78

Credit Risk Credit Unions Dashboards Transactions 78

Abrigo

OCTOBER 18, 2022

Takeaway 1 Construction draw management software can increase lender efficiency and reduce risk by saving time. Takeaway 3 Construction draw software can increase draw efficiency, and therefore bank profitability, through automation. How does construction draw software help lenders? Eliminating manual tasks.

Credit Risk 78

Credit Risk 78

Abrigo

SEPTEMBER 28, 2022

Takeaway 3 Construction loan software can increase draw efficiency and increase profitability. Construction loan administration is now a vital part of the construction lending process. Whether an institution's construction lending portfolio is big or small, managing the risk of your portfolio is critical to success. CRE Lending.

Credit Risk 78

Credit Risk Dashboards Transactions 78

Abrigo

DECEMBER 22, 2023

The most-read lending & credit blogs in 2023 Probability of default, CECL model validation, and stress testing were among Abrigo's top blogs on ALM, CECL, and portfolio risk this year. Takeaway 2 The top lending and credit blog posts focused on the benefits of banking technology, interest rate management, and developing risk ratings.

Credit Risk 88

Credit Risk Credit Unions Dashboards CECL 88

Abrigo

SEPTEMBER 28, 2022

Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. Leveraging software to work smarter. Construction loan automation software provides lenders with the tools they need to manage their loan portfolios efficiently.

Credit Risk 78

Credit Risk Credit and Collections 78

Collenda

MARCH 13, 2024

Its cloud-based decision engine automates lending decisions, offering unparalleled simplicity and ease of use. “We’re thrilled to offer a platform that not only streamlines lending operations but also empowers organisations to take charge of their credit risk management processes and lending decisions with confidence.” .

Credit Risk 52

Credit Risk 52

Abrigo

SEPTEMBER 21, 2022

Driving efficiency and reducing risk Construction loan risk management software leverages technology and sound process management to pull construction lending away from its manual roots. Takeaway 1 Construction loan risk management software can modernizing the administration of construction loans and increase draw interest by 12%.

Credit Risk 78

Credit Risk 78

Collenda

JANUARY 15, 2024

Aryza Group Expands Global Footprint with Acquisition of Oyster Bay Systems Limited London – January 2024– Aryza Group, a leading provider of software solutions for the financial services industry, announces the successful acquisition of Oyster Bay Systems Limited (OBS) and its subsidiary Profile Data Services Limited (PDS).

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Abrigo

APRIL 21, 2023

Focus loan reviews on risk in the portfolio Continuous loan review monitoring helps banks and credit unions ensure credit review systems support safe and sound lending. Now Director of Client Experience at Abrigo and a DiCOM credit quality software expert, Kirby added. “It

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Abrigo

MARCH 2, 2023

You might also like this whitepaper, "Best practices for purchasing bank or credit union software" DOWNLOAD Takeaway 1 As Southwest Airlines learned, technology shortcomings create enormous costs in the short-term and in the future. A buyer’s guide for lending software for smaller financial institutions can be helpful.

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Abrigo

APRIL 7, 2023

Here's what to say when presenting a case for software at your institution. Reduce manual processes Making a case for loan review automation software Building a business case for most software purchases can feel like a daunting task. You might also like this whitepaper: "2022 Loan Review Benchmark Survey Results."

Credit Risk 78

Credit Risk CECL 78

Abrigo

AUGUST 2, 2023

When loan review software , credit stress testing software, and CECL software can communicate with each other about data and assumptions, it streamlines the analysis process. Abrigo has the only portfolio risk management solution in the industry that can combine all three pillars in one platform.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

FEBRUARY 23, 2022

Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. You might also like this webinar on small business lending best practices. Top problems in small business lending. Streamline with Software.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

AUGUST 28, 2022

Leveraging the efficiencies gained from lending software Banks and credit unions that leverage an integrated lending and credit platform reap the benefits of a consistent, efficient and defensible lending program. Lending and Credit Software. Leveraging software to gain efficiency. Ag Lending.

Credit Unions 78

Credit Unions Credit Risk Default 78

Abrigo

OCTOBER 17, 2023

You might also like this 7-step guide to a successful software implementation. Why change management is vital for banks and credit unions Regulators promote change management to manage risk, but banks and credit unions can also achieve important benefits when they manage change.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

MAY 19, 2023

For smaller institutions especially, loan review software makes tracking productivity among teams, geographies, and other factors easier and more efficient. But while software can certainly help, it can't solve the talent shortage. How can banks and credit unions build up strong loan reviewers?

Credit Risk 78

Credit Risk Credit Unions Revenue Recognition Default 78

Abrigo

NOVEMBER 12, 2023

Support credit risk management Understanding loan covenants, when financial institutions should use them, and how to monitor them supports strong lending portfolios and credit risk management best practices. Covenants are warranted in commodity financing and floor-plan lending deals, Kirby added.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Abrigo

MAY 19, 2023

Systems may include components that are independent of the lending function or may place some reliance on loan officers. For smaller institutions especially, loan review software makes tracking productivity among teams, geographies, and other factors easier and more efficient.

Credit Risk 78

Credit Risk Credit Unions Credit and Collections Small Businesses 78

Abrigo

OCTOBER 20, 2021

What is the purpose of the new software? When Frandsen wanted to move to an online loan origination system , it assembled a technology selection committee with employees from all aspects of the lending process: lenders, lending associates, credit analysts, approvers, and more. Lead a successful software implementation.

Credit Risk 78

Credit Risk Credit Unions 78

Biz2X

FEBRUARY 21, 2023

Benefits of Loan Origination Software The lending process, from loan application to disbursement to loan management, is complex, time-consuming and can hurt the customer relationship at any point in the loan life cycle. A digital lending platform can save your team from many tedious duties.

Credit and Collections 59

Credit and Collections Credit Unions Dashboards Credit Risk 59

Abrigo

JANUARY 30, 2024

The Credit + Lending + Portfolio Risk track will cover topics on managing credit risk, making smarter loans faster, managing the current expected credit loss (CECL), stress testing, and asset/liability management (ALM). Want to find out how Abrigo's award-winning software and services can help your financial institution ?

Credit Unions 78

Credit Unions CECL Credit Risk Cybersecurity 78

Abrigo

JANUARY 17, 2024

Read now Blog Advisory Services AML Software AML Training AML/CFT BSA Rules and Regulation Fraud Prevention Fraud Trends Human Trafficking SAR AML human trafficking red flags and other ways banks can support victims Learn More Blog Advisory Services AML Software AML Training AML/CFT BSA Rules and Regulation Human Trafficking SAR Navigating the U.S.

Nonprofit Organizations 103

Nonprofit Organizations Credit Unions Transactions Credit Risk 103

Abrigo

MARCH 3, 2022

By leveraging their strengths in relationship lending and their access to technology in order to grow the small business loan portfolio profitably. CFIs are poised to regain the small business lending market Community Financial Institutions can leverage technology to improve customer experience and regain the small business lending market.

Small Businesses 78

Small Businesses Credit Risk Transactions 78

Abrigo

SEPTEMBER 5, 2023

unsecured lending is bad rather than unsecured lending should only be extended to high pass risk rated credit). The following is an example of how I would address the structural exception of non-recourse lending. Discover options for loan policy review assistance. learn more We can help you simplify portfolio management.

Credit Risk 78

Credit Risk CECL Credit Unions Transactions 78

Abrigo

MAY 10, 2021

Providers of loan origination software representing good partners for a financial institution also have specific features. Basic functions of a loan origination system When evaluating a loan origination system, lenders are rightly concerned with three major areas: the customer or member experience sound lending practices efficiency.

Credit Risk 78

Credit Risk CECL Credit Scoring 78

Abrigo

JULY 25, 2022

Strong demand is a factor in the ag lending outlook ahead Ag lenders can begin taking steps to ensure they are prepared and can provide positive customer or member experiences. The outlook for ag lending has its share of uncertainty. Inflation, rates are factors in ag lending outlook. Farmers expect worse in 2023. Rising inputs.

Credit Risk 78

Credit Risk Credit Unions Small Businesses 78

Lockstep

DECEMBER 8, 2022

Seattle, WA – (December 8, 2022) – Lockstep , the connected accounting network, today announced that ArtisTrade , a finance software provider specializing in supply chain finance, is now live on Lockstep. Lockstep’s API goes beyond simply providing access to financial data.

Accounts Receivable (AR) 81

Accounts Receivable (AR) 81

Abrigo

DECEMBER 5, 2023

Working closely with other departments, such as retail and lending, is critical to ensuring enterprise-wide compliance. Technological Understanding: Familiarity with the latest financial software and technologies used in monitoring transactions and detecting suspicious activities can significantly enhance efficiency and effectiveness.

Credit Unions 88

Credit Unions Transactions 88

Abrigo

FEBRUARY 23, 2022

Loan Decisioning Allows Small Business Lending to Grow Community financial institutions can leverage automated loan underwriting to increase small business lending and achieve consistency. . Takeaway 2 Loan decisioning allows institutions to efficiently allocate credit analysts’ time for profitable small business lending.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

JULY 10, 2020

Using leading technology, innovative BSA/AML software providers are harnessing the power of artificial intelligence (AI) and machine learning for behavior-based analysis. Your institution is unique.Your BSA/AML software should be too. Lending & Credit Risk. Member Business Lending. SBA Lending. Ag Lending.

Credit Risk 78

Credit Risk Transactions Small Businesses 78

Abrigo

MAY 30, 2023

Final rule Effective dates & compliance dates for rule 1071 As they do with any new requirement, financial institutions want to know when the CFPB 1071 rule is effective and when they must begin collecting and reporting data on their small business lending activities. Which lenders are counted as “covered financial institutions”?

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78