Abrigo

APRIL 8, 2025

This blog breaks down the pros, cons, and what financial institutions should consider when evaluating their risk rating approach. Is a 2D risk rating model still worth it? An effective risk rating framework is probably the single most important tool a bank can use when it comes to managing credit risk.

CECL 78

CECL Credit Unions Credit Risk Default 78

Abrigo

OCTOBER 14, 2022

Fortify your credit risk management framework How to prepare your organization for scrutiny of its credit risk management practices during your next exam or review. . You might also like this whitepaper, "Stress Testing: Managing Capital Levels and Credit Risk." Cultivate talent. keep me informed.

Credit Risk 78

Credit Risk CECL Small Businesses 78

Abrigo

DECEMBER 20, 2024

Based on comments from the Abrigo Advisory Services team and our bank and credit union clients, executives will have their work cut out to manage profitability, balance sheet growth, and credit risk. Still-elevated interest rates are running into declining consumer purchasing power, which stands to add pressure to credit risk.

Credit Unions 78

Credit Unions CECL Credit Risk 78

Abrigo

JANUARY 24, 2025

However, office properties struggled to attract lenders, with their share of CMBS issuance shrinking to under 8% by late 2024, compared to 20% in early 2023. The property type was about 20% of total issuance in 2024 compared to just under 15% in 2023. You might also like this webinar, "Risk rating: The cornerstone of risk management."

Credit Unions 88

Credit Unions Credit and Collections Small Businesses Credit Risk 88

Abrigo

APRIL 24, 2023

Construction loans grow, delinquencies flatten in 2023 Construction lending projections look positive according to S&P data from 2022 and 2023. High loan balances Construction loans continue to rise The fourth quarter of 2022 and the first of 2023 saw a continued rise in construction loan balances. This surge was a 5.3%

Credit Risk 78

Credit Risk Default 78

Know-It Global

DECEMBER 20, 2023

Let’s take a look back at all the things we’ve been up to in 2023! May We H-it London For Accountex We had a great time talking to new and existing clients whilst showing new audiences how Know-it helps businesses mitigate credit risk, reduce debtor days and boost cashflow! December A Month Of Celebrating 2023!

Credit and Collections 105

Credit and Collections Debt Collections Credit Management Credit Risk 105

Abrigo

DECEMBER 28, 2023

Watch NOW Takeaway 1 Abrigo's experts produced pieces on asset/liability management (ALM) and portfolio risk that covered strategies and tools to help risk management and accounting professionals at FIs. in 2023 faced the dual challenge of mitigating the impact of interest rate changes while retaining and growing deposits.

CECL 88

CECL Credit Unions Credit Risk Transactions 88

FICO Blog

APRIL 28, 2023

Home Blog FICO What Does 2023 Have in Store for U.S. Credit Risk and FICO Score Trends? credit risk and FICO® Score trends. At the same time, increasing adoption of recent innovations in credit scoring solutions should benefit consumers, leading to greater consumer empowerment opportunities and credit access.

Credit Risk 52

Credit Risk Credit and Collections Credit Scoring Debt Collections 52

Abrigo

MARCH 31, 2023

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.

Credit Unions 78

Credit Unions CECL Credit Risk Credit and Collections 78

The Esker Blog

DECEMBER 13, 2022

These are all tell-tale signs that your AR performance is lacking and cashflow issues might be in store in 2023 or beyond. . is one of the most overlooked yet all-important factors in minimizing cashflow risk and maximizing the value to the business. Rethink collaboration. Collaboration within AR and across other departments (e.g.,

Accounts Receivable (AR) 97

Accounts Receivable (AR) DSO Bad Debt Invoice to Cash 97

Gaviti

OCTOBER 23, 2023

This financial information is meant to help a company understand the likelihood of a business paying its debts, commitment to business obligations, and the general risk your company may face entering into a business relationship with it. Want to learn more about how you can automate the credit report process? Get a demo today.

Credit Scoring 97

Credit Scoring Credit and Collections Credit Application Bankruptcy 97

Abrigo

SEPTEMBER 25, 2024

According to a 2023 training presentation by the SBA, lenders can find a data entry guide for E-Tran on the landing page of CAFS after logging in. Read Main Street Bank's story Abrigo SBA Lending Blog Lending & Credit Risk SBA Lending Breaking down SBA lending: What is E-Tran?

Credit Unions 151

Credit Unions Credit Risk Credit and Collections Small Businesses 151

Abrigo

DECEMBER 27, 2022

Fraud trends for financial institutions to watch for in 2023 Financial institutions should not expect a slowdown of any of 2022’s fraud trends. Be on the lookout in 2023 for the following trends identified by the FBI. You might also like this resource: "BSA/AML Risk Assessment Checklist." No fraud decrease likely for 2023.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Collenda

SEPTEMBER 27, 2023

Key aspects of IFRS 9 include the classification and measurement of financial instruments, a more forward-looking expected credit loss (ECL) model for assessing impairment of financial assets, and improvements to the hedge accounting requirements to better align accounting with an entity’s risk management activities.

Credit Risk 52

Credit Risk 52

Abrigo

NOVEMBER 9, 2022

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . Takeaway 1 10% of banks and credit unions have completed CECL adoption, according to Abrigo's CECL implementation survey. Portfolio Risk & CECL.

CECL 78

CECL Credit Unions Credit and Collections Credit Risk 78

Abrigo

JULY 20, 2024

Pruis Examining federal Call Report data from 2016 to Q1 2024 for banks with assets of $70 billion or less, Cornerstone found that only one in 10 institutions that started in 2016 with less than 18% of its portfolio in C&I was able to increase that percentage by 2023. 2010-2023: 137.3% 2004-2008: 82.6% trillion, Pruis said.

Credit Unions 78

Credit Unions Credit Risk Small Businesses 78

Your Virtual Credit Manager

OCTOBER 15, 2024

(Photo by Melinda Gimpel on Unsplash ) The American Bankruptcy Institute recently reported that, “The 6,067 total commercial chapter 11 bankruptcies filed during the first nine months of 2024 represented a 36 percent increase over the 4,561 filed during the same period in 2023.” This initial uptick is only expected to get worse.

Chapter 11 100

Chapter 11 Bad Debt Bankruptcy Accounts Receivable (AR) 100

Your Virtual Credit Manager

FEBRUARY 13, 2024

Following the sharp but short Covid Recession, roughly 5 million small businesses closed shop in the first six months after the economic shutdown, but commercial bankruptcies did not begin increasing until May of 2023, ostensibly due to the government’s economic stimulus programs. Here’s more on setting credit limits.

Bankruptcy 130

Bankruptcy Credit and Collections Bad Debt Accounts Receivable (AR) 130

FICO Blog

MARCH 21, 2023

Like in years past, we also surveyed SFVegas 2023 attendees on the overall economic climate and how they use credit scores to support securitization risk management. recession in 2023. More than 75% of respondents said a recession was likely or very likely in 2023, and only 7% said it was unlikely.

Credit Scoring 52

Credit Scoring Credit Risk 52

Abrigo

APRIL 25, 2024

Takeaway 3 With lower interest rates nowhere in sight, lenders need to monitor and adjust lending and underwriting strategies based on their own institution’s credit risk profile. Data in this report is current as of Q2 2023 and is representative of market trends and conditions at the time of publication.

Small Businesses 88

Small Businesses Credit Unions Credit Risk CECL 88

Gaviti

FEBRUARY 6, 2023

And with the proliferation of AI and machine learning tools in the digital landscape, 2023 is the perfect time for accounts receivable (AR) teams to examine their processes and find areas for improvement through better technologies, tactics, and process management.

AR Automation 52

AR Automation DSO Accounts Receivable (AR) Days Sales Outstanding 52

Abrigo

FEBRUARY 14, 2024

Source: Senior Loan Officer Opinion Survey on Bank Lending Practices via FRED Finally, excess vacant office space relative to market demand hints at oversupply and the need for managing CRE loan portfolio risk. office buildings with a vacancy rate over 95% declined to 60% in Q2 2023 from 63% in Q1 2020, or pre-pandemic.

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

DECEMBER 22, 2023

The most-read portfolio risk 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. You might also like this webinar, "Unraveling risk rating: Making sense of your best early warning tool."

CECL 88

CECL Credit Unions Default Credit Risk 88

FICO Blog

JANUARY 19, 2023

While UK support will continue through 2023, and possibly into 2024, we can expect to see it provided on a more targeted basis as governments face rising debt burdens as a proportion of GDP. Here are my three predictions for risk management and customer treatment in 2023.

Credit and Collections 52

Credit and Collections Debt Collections Credit Risk Default 52

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. Takeaway 2 Capital, performance, and administrative covenants are common with business loans.

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

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

Your Virtual Credit Manager

AUGUST 6, 2024

Aggregate Credit Risk and Seamless Trading An important goal for your business is to trade seamlessly with your customers; that is to fulfill their orders completely, accurately and QUICKLY. This will determine how much credit risk you can bear and how tight your credit controls need to be. ” The Bottom Line.

Bad Debt 100

Bad Debt Credit and Collections Accounts Receivable (AR) Credit Risk 100

Emagia

MARCH 3, 2025

Treasury securities, reducing credit risk. The Federal Reserve Board adopted a final rule implementing the Adjustable Interest Rate (LIBOR) Act, identifying SOFR-based rates to replace LIBOR in certain financial contracts after June 30, 2023. Reduced Credit Risk Since SOFR is based on repo transactions backed by U.S.

Transactions 40

Transactions Credit Risk Order to Cash 40

Your Virtual Credit Manager

JANUARY 3, 2023

Photo by DESIGNECOLOGIST on Unsplash Editor’s Note: To start off the New Year, we’re bringing back three of the most popular YVCM articles from 2023. We trust you will find these articles valuable and wish you a prosperous 2023. For more on the importance of periodic credit reviews, click here.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

Abrigo

OCTOBER 10, 2023

Review the 2023 Loan Review Survey results with experts and get their take on emerging trends and best practices register for Webinar Takeaway 1 Effective loan review requires experienced staff, well-organized outsourcing, or a combination of the two. Loan review issues include staffing challenges and training.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 10, 2023

Review the 2023 Loan Review Survey results with experts and get their take on emerging trends and best practices register for Webinar Takeaway 1 Effective loan review requires experienced staff, well-organized outsourcing, or a combination of the two. Loan review issues include staffing challenges and training.

Credit Unions 78

Credit Unions Credit Risk CECL 78

Abrigo

JULY 25, 2022

Takeaway 2 Ag sector receipts are expected to increase, but so are input costs, so loan demand could pick up by 2023. . Farmers expect worse in 2023. Farmers are indeed anticipating worse conditions in 2023. Lending & Credit Risk. Lending & Credit Risk. Lending & Credit Risk.

Credit Risk 78

Credit Risk Credit Unions Small Businesses 78

Know-It Global

JANUARY 24, 2023

Fintech’s influence will continue to grow in 2023, with these six trends expected to dominate: Trend one: The rise of invoice financing It is well known to every business that there can sometimes be a long gap between revenue and cash flow, especially when your customers demand long payment terms and wait until the last minute to pay.

Credit Risk 52

Credit Risk Credit Management Transactions 52

Know-It Global

JANUARY 19, 2023

Fintech’s influence will continue to grow in 2023, with these six trends expected to dominate: Trend one: The rise of invoice financing It is well known to every business that there can sometimes be a long gap between revenue and cash flow, especially when your customers demand long payment terms and wait until the last minute to pay.

Credit Risk 52

Credit Risk Credit Management Transactions 52

Your Virtual Credit Manager

JUNE 13, 2023

Photo by Jamie Street on Unsplash There are two types of credit risk that arise from selling on open credit terms: Customers paying beyond terms (past due) reduce your cash flow. Sound Credit and Collection practices will help you navigate the impact of these risks. it just might help them pay you sooner!

Credit and Collections 26

Credit and Collections Bad Debt Default Credit Risk 26

Know-It Global

JANUARY 24, 2023

From new technologies to tough regulations for crypto, 2023 is already looking like a year of change for fintech. The cost of living crisis “In 2023, fintechs will need to keep supporting their clients by helping them thrive during these hard financial times and the cost-of-living crisis. ” – Edouard Billion, #2.

Credit Risk 52

Credit Risk Credit Management Transactions 52

Abrigo

OCTOBER 28, 2022

Managing loan workouts and modifications Tips for preparing your bank or credit union to handle an increased volume of problem loans while ensuring prudent credit risk management. You might also like this video, "A look at credit risk in a rising-rate environment." CRE loan accommodations.

Credit Unions 78

Credit Unions Credit Risk CECL Credit Management 78