Abrigo

NOVEMBER 12, 2023

Review the 2023 Loan Review Survey results with experts and get their take on emerging trends and best practices WATCH WEBINAR Takeaway 1 Loan covenants are critical to banks and credit unions to manage credit risk, especially when borrowers face stress. Make sure that the covenants are appropriate to the transaction.”

Credit Risk 88

Credit Risk Credit Unions Default CECL 88

Abrigo

MARCH 13, 2024

Consequently, all stakeholders of CRE assets are understandably nervous, including bankers and their investors who, due to the highly leveraged nature of CRE transactions, provided the bulk of capital financing the industry. Watch this webinar on problem loans and how to identify them quickly with data and reports.

Credit Unions 88

Credit Unions CECL Default Credit Risk 88

Abrigo

SEPTEMBER 11, 2023

You might also like this webinar, "Banking as a service: Objectives, opportunities, and obstacles." This marked the advent of the platform economies with excellent digital experiences through fintech providers. After digital access and transactions came major boosts to automation for financial services.

Credit Unions 78

Credit Unions CECL Default Transactions 78

Abrigo

JUNE 5, 2023

You might also like this webinar: "Identifying emerging CRE credit risk red flags" WATCH Takeaway 1 Financial institutions face increased scrutiny over their risk management following recent bank failures. transactional accounts like CDs versus primary checking accounts) but also in terms of balances to identify surge balances.

Credit Unions 78

Credit Unions CECL Credit Risk Dashboards 78

Abrigo

FEBRUARY 14, 2023

The regulation, expected to be finalized in weeks, outranked BSA/AML rules, beneficial ownership requirements, and current expected credit loss (CECL) obligations. A CFPB 1071 resource page for lenders , content, and educational webinars will walk lenders through requirements and preparations. What is a “covered" credit transaction?

Small Businesses 78

Small Businesses Credit and Collections Credit Unions Credit Risk 78

Abrigo

JUNE 4, 2024

You might also like this on-demand webinar, "Navigating uncertain times: Strategies for risk management and compliance." Leveraging data to understand customer behaviors, like transaction patterns, provides early warning signs of potential issues and helps us retain customers more effectively."

Credit Unions 88

Credit Unions CECL Credit Risk Transactions 88

Abrigo

AUGUST 19, 2024

These penalties can accumulate daily and per transaction, resulting in significant financial and reputational damage. The FFIEC compliance manual warns that failing to provide adequate staffing can lead to severe penalties, including fines for willful negligence.

CECL 78

CECL Credit Unions Credit Risk Transactions 78

Abrigo

AUGUST 22, 2022

You might also like this webinar, "Balancing compliance risk & reward with high-risk businesses." billion in fraudulent transactions, a staggering 47% of which were check fraud. One would think as technology improves so would the safeguarding features around monetary transactions. Portfolio Risk & CECL.

Cybersecurity 78

Cybersecurity CECL Transactions Credit Risk 78

Abrigo

JANUARY 27, 2020

From the Bank Secrecy Act and anti-money laundering (BSA/AML) compliance, cybersecurity, credit risk, the implementation of the new standard for current expected credit losses (CECL), consider these goals for your credit union in 2020. . Spend your additional time to prepare for CECL wisely.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit Risk 78

Abrigo

APRIL 19, 2022

You might also like this webinar on assessing global cash flow. Without the necessary tax schedules, cash flow numbers can be greatly skewed due to using paper transactions that change ‘income/expenses’ for tax purposes but have nothing to do with actual cash flow. Watch the webinar. Portfolio Risk & CECL. Learn More.

Credit Risk 78

Credit Risk CECL Credit and Collections Transactions 78

Abrigo

SEPTEMBER 5, 2023

You might also like these on-demand webinars on tackling common credit risk questions. Rather, a loan agreement is needed when the extension of credit results in a “significant” downgrade in the risk rating subsequent to the financing transaction (depending on the number of levels in your risk rating system, two or more ratings).

Credit Risk 78

Credit Risk CECL Credit Unions Transactions 78

Abrigo

SEPTEMBER 20, 2023

Join Abrigo for a webinar discussing risk assessments' role in compliance. The goal is to eliminate the threat before any inside fraudulent transactions occur. The transaction is effectively valid until the cardholder initiates a dispute. Regular, seemingly routine transactions can be flagged for closer inspection.

CECL 78

CECL Credit Unions Transactions Credit Risk 78

Abrigo

FEBRUARY 23, 2022

You might also like this webinar on small business lending best practices. Portfolio Risk & CECL. Making small business loans efficient and worthwhile Digitalizing the lending process can help financial institutions win small business loans and meet customers' needs. How to Win Small Business Loans This Year. Learn More.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

MAY 30, 2023

Takeaway 2 Reporting tiers and their deadlines are based on the number of covered transactions to small businesses that a lender originated in 2022 and 2023. In fact, a company or organization must have originated at least 100 covered credit transactions in 2022 and 100 in 2023 to fall under the rule’s requirements at all (i.e.,

Credit Unions 78

Credit Unions Credit and Collections Transactions Small Businesses 78

Abrigo

JANUARY 25, 2022

Moreover, Cornerstone Advisors found that nearly 9 of every 10 senior executives from 300 mid-size financial institutions said fintech partnerships are important, said Ron Shevlin, Cornerstone's Chief Research Officer, during a webinar reviewing the “ What’s Going on in Banking 2022 ” survey results. Portfolio Risk & CECL.

Credit Unions 78

Credit Unions CECL Credit Risk Transactions 78

Abrigo

DECEMBER 27, 2022

After the fraudster receives the fee, the investment transaction is never executed. Watch the webinar. Portfolio Risk & CECL. Advance fee schemes: Advance fee fraud occurs when investors are asked to pay a fee upfront for an investment deal to go through. The letter may be sent by mail, fax, or email. Keep me informed.

Credit Unions 78

Credit Unions Cybersecurity CECL Credit and Collections 78

Abrigo

FEBRUARY 12, 2020

This increase in property values is expected to translate into increased sales transactions and demand for mortgage debt in 2020." To learn more about how to face increasing competition and an uncertain economic environment, join the webinar, “ Navigating the CRE Landscape: Leveraging Your Portfolio for Growth in 2020.”. CRE Lending.

Credit Risk 78

Credit Risk CECL Insurance Companies Transactions 78

Abrigo

FEBRUARY 23, 2022

“Used to the simplicity and speed of services such as Uber, Spotify, and Amazon, principals, and decision-makers of banks’ commercial borrowers have long sought similar levels of convenience when conducting borrowing transactions,” noted the author. Win more small business deals: Watch this webinar on SMB Lending Best Practices.

Small Businesses 78

Small Businesses Credit Unions Credit Risk CECL 78

Abrigo

SEPTEMBER 1, 2020

Between the numbers of applicants, the strong demand for limited funds, and the restrictions on face-to-face transactions, financial institutions without automation were easily overwhelmed. Portfolio Risk & CECL. It offers loan guarantees of up to 90% through its Business and Industry Loan Program for borrowers in rural areas.

Credit Unions 78

Credit Unions Credit Risk CECL Small Businesses 78

Abrigo

MAY 2, 2024

This includes defining the threshold for material loans or transactions and structuring the lending process accordingly. Loan Portfolio Building: By understanding the loan policy, lenders can align their efforts with the institution's goals for building a high-quality loan portfolio.

Small Businesses 88

Small Businesses Credit Risk Credit Unions CECL 88

Abrigo

JANUARY 19, 2022

You might also like this webinar, "Is Inflation the Big Gift to Your Future Earnings?" Meanwhile, the adoption of the current expected credit loss model, or CECL , is prompting a re-evaluation of credit risk spreads and how those will affect loan pricing and profitability. Make more informed loan pricing decisions. Learn More.

Credit Unions 78

Credit Unions Credit Risk CECL Transactions 78

Abrigo

DECEMBER 30, 2019

In a recent Abrigo webinar presentation by John Geiringer, partner at the law firm Barrack Ferrazzano , John recapped exam findings and consent orders from 2019. Portfolio Risk & CECL. After all, regulatory scrutiny for money laundering and financial crimes is most likely not going to be deregulated any time soon. Learn More.

Law Firms 78

Law Firms CECL Transactions Credit Risk 78

Abrigo

JULY 30, 2019

Trapp outlined the four traits in a recent webinar, “ Writing Effective and Efficient Credit Memos.” Trapp says a potential executive summary at the beginning of a memo could include the recommendation, why the institution would want to make the loan, what could go wrong and the transaction structure. Portfolio Risk & CECL.

Credit Risk 60

Credit Risk Credit and Collections CECL Credit Unions 60

Abrigo

AUGUST 5, 2019

There are three, successful deposit management strategies that financial institutions can use to update the assumptions in their asset-liability models and to satisfy internal and/or regulatory requirements, according to Koch in a recent webinar, “ Analyzing Core Deposits for Risk Management and Loan Growth.” .

Transactions 60

Transactions CECL 60

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." The genAI model uses the 125 billion transactions on MasterCard’s network each year to identify fraudulent patterns so financial institutions identify more fraud while spending less time assessing specific transactions.

Credit Unions 88

Credit Unions Cybersecurity CECL Credit and Collections 88

Abrigo

NOVEMBER 10, 2020

Therefore, when a victim visits a financial institution, it may be the only outside contact they have, making it critical that frontline staff is properly trained on behavioral indicators when conducting their transactions. Portfolio Risk & CECL. Rather, these indicators build off of the 2014 guidance, which remains relevant.

Credit Risk 131

Credit Risk CECL Transactions 131

Abrigo

JUNE 15, 2023

The subjective nature of real estate pricing makes for easily manipulated transactions that run through financial institutions. the individual human beings) behind certain entities involved in “covered” residential real estate transactions. However, GTOs have been insufficient in stopping these transactions from occurring.

Credit Unions 78

Credit Unions Credit and Collections Transactions CECL 78

Abrigo

SEPTEMBER 14, 2022

You might also like this webinar: "Fortify Your Loan Policy to Effectively Manage Credit Risk." Takeaway 1 The CFPB's proposed rule would require any lender with 25 or more covered transactions to collect more data for each application. CECL Regulation. Portfolio Risk & CECL. The proposed rule , unveiled Sept.

Credit and Collections 78

Credit and Collections Credit Unions Credit Risk CECL 78