Abrigo

AUGUST 8, 2021

Independent Loan Review Systems in Banking Banking regulators have outlined expectations for effective, independent loan review and credit risk review. . Takeaway 1 A system for ongoing, independent credit risk review will not look the same from institution to institution. 2020 Interagency Guidance.

Credit Risk 78

Credit Risk Credit Unions CECL Credit and Collections 78

Abrigo

AUGUST 5, 2020

Key Takeaways This recession is significantly different than the 2008 financial crisis, creating a unique credit environment for financial institutions. Economic downturns alter the credit memo's content and process to capture credit risk. Mitigate credit risk and drive growth – even in a recession.

Credit Risk 78

Credit Risk CECL Credit Unions Default 78

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

MARCH 15, 2024

Managing credit risk for B2B customers is critical for seamless order to cash (OTC) and working capital cycles. Businesses that follow traditional reactive strategies in OTC processes may find it difficult to collect at-risk future invoices, likely leading to large invoices going delinquent.

Credit Risk 52

Credit Risk Default Credit Management Credit and Collections 52

Emagia

OCTOBER 17, 2022

Enterprises digitally transform their credit risk management processes to manage and navigate volatile market conditions, new regulatory pressures, increasing customer expectations, and other credit risks related to customers and vendors. Robotic Process Automation (RPA). Artificial intelligence (AI). Big Data Analytics.

Credit Risk 52

Credit Risk Credit Scoring Bankruptcy Credit and Collections 52

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

Actico

SEPTEMBER 13, 2021

In the blog article, we show which elements in the credit risk process are suitable for this. Lending in banks offers numerous opportunities to digitize and fully or partially automate manual processes.

Credit Risk 52

Credit Risk 52

Onguard

MAY 24, 2023

A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses. Investing in credit management software can provide long-term savings.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses. Investing in credit management software can provide long-term savings.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Onguard

MAY 24, 2023

A credit controller or credit manager can therefore make a business case for their organisation to invest in these tools. In short, live and up-to-date data are crucial for credit risk management and can save businesses. Investing in credit management software can provide long-term savings.

Credit Risk 52

Credit Risk Credit Management Order to Cash Transactions 52

Abrigo

FEBRUARY 6, 2024

The decline in mortgages , in particular, has prompted credit unions to explore alternative avenues for growth , and o ne such avenue is the development and expansion of m ember b usiness l ending (MBL) programs. Get ready for the next credit cycle with credit department housekeeping tips from this webinar.

Credit Unions 88

Credit Unions Credit Risk Small Businesses 88

Abrigo

SEPTEMBER 25, 2024

This blog was written with the assistance of ChatGPT, an AI large language model, and was reviewed and revised by Abrigo's subject-matter expert. 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 88

Credit Unions Credit Risk Credit and Collections Small Businesses 88

Cpcmcredit Blog

NOVEMBER 7, 2023

As some of you will know, im a pretty avid cycler and have been for over 15 years, well before the current “mamil” craze and of course the boom in cycling through lockdown. This lockdown boom is over, as illustrated in this piece in the Observer. A word of warning though. the article blames “Brexit” and government policy.

Credit Risk 52

Credit Risk 52

Abrigo

DECEMBER 31, 2019

Key Takeaways Risk management practices were on the minds of bankers in 2019 Some of the most popular blog posts of 2019 were about stress testing and CECL. Risk management practices were in the spotlight in 2019. The Risk Your Asset/Liability Management Process Might Be Missing. Here are two suggestions. get started.

CECL 60

CECL Credit Unions Credit Risk Default 60

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

FEBRUARY 14, 2024

Applying adverse scenarios while conducting stress tests or sensitivity analysis helps banks adjust risk management processes, capital planning, liquidity management, collateral valuation processes, and workout procedures to prepare for credit risk problems before they impact earnings and capital.”

CECL 78

CECL Credit Risk Credit Unions 78

Abrigo

JULY 22, 2016

Many banks and credit unions have adopted sophisticated risk-management practices, and their board of directors has to play an active role in ensuring that risks are well understood in overseeing risk exposure. Credit risk remains the most important risk that banks and credit unions have to monitor.

Credit Risk 60

Credit Risk Credit Unions Default Transactions 60

Abrigo

MAY 19, 2016

Monitoring credit risk management, interest rate risk and banks’ ability to stress test loans affected by low oil prices are among the priorities for supervisors at the Office of the Comptroller of the Currency (OCC) these days, according to the agency’s recent mid-year status report on its operating plan.

Credit Risk 60

Credit Risk Cybersecurity 60

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

CECL 78

CECL Credit Risk Credit Unions Small Businesses 78

Abrigo

DECEMBER 28, 2023

Banks and credit unions looking for more information on prepping for exams can also listen to Abrigo’s Ahead of the curve podcast , which focuses on the OCC’s Bank Supervision Plan for 2024. You can unsubscribe at any time, and you’ll hear about resources, webinars, new blog posts, and other information right away.

CECL 88

CECL Credit Unions Credit Risk Transactions 88

Abrigo

APRIL 12, 2023

Building a strong credit review process A critical element of monitoring is an organization’s credit risk rating system. This blog will examine credit review in more detail. DOWNLOAD Takeaway 1 Loan review, or credit review, must be timely, thorough, and accurate to meet regulatory requirements.

Credit Risk 78

Credit Risk Credit and Collections CECL 78

Abrigo

FEBRUARY 18, 2017

This is part of larger efforts to expand credit unions’ ability to expand their commercial lending portfolios. Even for trustworthy borrowers, the credit union should make sure they have adequate collateral securing the loan. The new MBL rules enables credit unions to take advantage of expanding opportunities in commercial lending.

Credit Risk 60

Credit Risk Credit Unions 60

Abrigo

OCTOBER 30, 2015

To help mitigate the increased credit risk, banks need to have appropriate risk management processes, including the ability to measure, monitor and control the risk, according to Curry. One area of credit risk that is concerning to the OCC is auto lending, which has been steadily growing in recent years.

Credit Risk 60

Credit Risk Credit Scoring Credit Unions 60

Abrigo

SEPTEMBER 7, 2023

Takeaway 3 Consider five examples of lender dashboards to improve workflow efficiency and monitor credit risks. Banking intellligence Accessing lending/credit data for insights In the world of lending, where fortune favors the informed, one of a financial institution’s most crucial assets is the data at its disposal.

Dashboards 78

Dashboards Credit Unions Credit Risk CECL 78

Abrigo

OCTOBER 17, 2023

Keep me informed Speak to an advisor Blog Credit Risk Management Lending & Credit Risk Loan Review and Due Diligence Member Business Lending Portfolio Risk & CECL Four ways to evaluate your loan review department’s effectiveness Learn More Blog Abrigo Data Center AML/CFT Asset/Liability Fraud Prevention Lending & Credit Risk Portfolio Risk (..)

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

DECEMBER 18, 2023

Recent headlines may lead bankers to believe that shunning commercial real estate lending is the safest path to limit or avoid credit risk, given stresses on CRE and regulatory concerns. Learn more about CRE risk management in this webinar, "Red flags vs. red herrings: identifying emerging CRE risk."

Credit Unions 88

Credit Unions Credit Risk Insurance Companies Small Businesses 88

JSP Credit Management

FEBRUARY 3, 2022

When debts are owed to a third-party that is not the original creditor, there is a danger of not recognising the credit risk and the credit risk for accounts receivable is higher than traditional credit lines.

Debt Collections 52

Debt Collections Collector Credit and Collections Credit Risk 52

Abrigo

DECEMBER 14, 2023

Learn to identify emerging CRE credit risk red flags. Learn to identify emerging CRE credit risk red flags.

Credit Risk 88

Credit Risk Dashboards Credit and Collections CECL 88

Abrigo

OCTOBER 5, 2015

For banks and credit unions, a popular tool to monitor credit risk is a standardized risk rating system, which can serve several purposes. These systems often determine credit approval processes, covenants placed on the borrower and how loans should be priced.

Credit Risk 60

Credit Risk Credit Unions Bankruptcy 60

Abrigo

NOVEMBER 5, 2015

Jeff Judy, a consultant to the financial services industry and founder of Jeff Judy & Associates , suggests that the daily activities can have a tremendous impact on the bank or credit union’s ability to “weather” future difficult times. If I say no to the credit I should’ve said yes to, I’ve left revenue on the table,” Judy said.

Credit Risk 60

Credit Risk Credit Unions 60

Abrigo

APRIL 7, 2023

Learn best practices for managing a high-performing construction loan portfolio Keep me informed Watch Webinar Blog Lending & Credit Risk Loan Review and Due Diligence Building a business case for loan review automation Learn More Blog C&I Loans Construction Lending Credit Risk Management Credit Risk Regulation Lending & Credit Risk Loan (..)

Credit Risk 78

Credit Risk CECL 78

Abrigo

MAY 24, 2024

This blog outlines five essential steps and considerations for an effective FedNow implementation. The FedNow Service is designed to enable instant payments, offering institutions an opportunity to enhance their service offerings and improve customer satisfaction. To ensure a smooth transition, financial institutions need to be well-prepared.

Credit Unions 97

Credit Unions CECL Credit Risk Transactions 97

Abrigo

MAY 27, 2022

5 Traits of the Ideal Credit Manager. In addition to having credit risk software, supportive policies and procedure, a credit manager at a financial institution requires well-honed skills. Often, having easy access to data through credit risk software can help complete the view of the risk landscape.

Credit Management 78

Credit Management Credit Risk 78

Abrigo

OCTOBER 21, 2020

This post by Hayley Collier , Trepp's Marketing Communication Specialist, was originally published on Trepp's blog and can be found here. Credit Risk Management. Lending & Credit Risk. Lending & Credit Risk. Portfolio Risk & CECL. Credit Risk Management. CRE Lending.

CECL 125

CECL Credit Risk Default 125

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

Abrigo

NOVEMBER 2, 2022

Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation. Lending & Credit Risk. Portfolio Risk & CECL. Portfolio Risk & CECL. Lending & Credit Risk. Learn best practices for managing a high-performing construction loan portfolio.

Credit Risk 78

Credit Risk CECL Credit and Collections 78

Abrigo

MAY 2, 2024

Introduction Small business lending for banks & credit unions Small businesses play a crucial role in our economy, and one of the key factors in their success is access to funding. In this blog, we will explore best practices and strategies for small business lending.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88