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

Abrigo

AUGUST 5, 2024

When a check is presented for payment, a visual inspection can often reveal suspicious checks before your financial institution incurs a loss. Alterations : Alterations are a common tactic in check fraud. Any signs of tampering, like altered, eradicated, or erased information, suggest the check might be counterfeit.

Credit Unions 78

Credit Unions CECL Cybersecurity Credit Risk 78

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). The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

CECL 78

CECL Credit Unions Credit Risk Cybersecurity 78

Abrigo

JULY 14, 2023

in CECL calculations and loan performance), but stale information is not the best to use for strategic planning. emailing, uploading to other documents, creating pdfs, and presentation features that allow for direct presentation to management and board groups)?

Credit Unions 78

Credit Unions CECL Dashboards Revenue Recognition 78

Abrigo

DECEMBER 7, 2021

Financial Cybersecurity. Financial Cybersecurity. Portfolio Risk & CECL. If the institution has a history of violations, particularly repeat findings, the risk of the financial institution should be increased in the risk assessment. Fraud Prevention. Fraud Trends. How to Conduct an Exam-Proof BSA/AML Risk Assessment.

Cybersecurity 78

Cybersecurity Credit Unions Transactions Credit and Collections 78

Abrigo

AUGUST 22, 2022

Criminals send a fake or phishing email to a member of the finance team at a corporation either pretending to be a high-level executive or presenting a fake invoice. Financial Cybersecurity. Portfolio Risk & CECL. Business Email Compromise: According to AFP’s survey, 61% of all BEC scams targeted check fraud. Fraud Trends.

CECL 78

CECL Cybersecurity Transactions Credit Risk 78

Abrigo

APRIL 30, 2020

Present-value recovery for the financial institution can inform an argument that the new terms do not represent a concession. Financial Cybersecurity. Artificial Intelligence. BSA Software. FinCEN Strengthens Commitment to Digital Innovation. Learn More. Artificial Intelligence. BSA Software. Artificial Intelligence in BSA. Learn More.

Cybersecurity 78

Cybersecurity Credit Unions Credit Risk Small Businesses 78