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The 2023 NCUA supervisory priorities: Takeaways for credit unions implementing CECL

Abrigo

NCUA expectations for credit unions post-CECL adoption The NCUA's focus on risk, especially credit risk, has implications for credit unions instituting CECL this quarter. Takeaway 2 Credit unions may still have questions about regulatory expectations for CECL after adopting the new standard.

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Banking Computer-Security Incident Notification Requirements Take Effect

Abrigo

New Rule Outlines Computer-Security Incident Notification Obligations for Banks Financial institutions and their service providers should prepare to meet new computer-security notice requirements by May 1, 2022. . The war in Ukraine has financial institutions on high alert for cybersecurity threats. Expand and Clarify.

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2023 Fraud trends: What banks and credit unions can expect

Abrigo

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Financial Cybersecurity. Portfolio Risk & CECL. DOWNLOAD . That represents almost 2.8

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Check It Out: How Can You Better Protect Against Check Fraud at Your Institution?

Abrigo

Financial Cybersecurity. Cybercriminals, Fraudsters, and the Dark Web – What to Watch for in 2022. Portfolio Risk & CECL. Ask another question; take a harder look at the check. You may just save a customer a very real headache… and thousands of dollars. Fraud Prevention. Fraud Trends. Learn More. Advisory Services.