Abrigo

DECEMBER 7, 2021

According to the FFIEC, there are no required risk categories, and the number and detail of these categories vary based on the bank or credit union's size or complexity. After adjusting the inherent risk for the institution’s risk management controls, residual risk represents the bank or credit union’s current risk. Fraud Prevention.

Cybersecurity 78

Cybersecurity Credit Unions Transactions Credit and Collections 78

Abrigo

FEBRUARY 25, 2022

Banks, credit unions, and non-bank financial institutions ( NBFIs ) should w atch for t hese eight BSA /AML regulatory topics to see changes in 2022 and start preparing now to help your institution s tay up to date. published by Chainalysis, 55 percent of all cybersecurity crime is comprised of just 270 deposit addresses.

Credit Unions 78

Credit Unions Credit and Collections Cybersecurity 78

Biz2X

OCTOBER 8, 2024

Reaching out to new or existing clients at a time when entrepreneurs are already reviewing their financial statements presents a growth opportunity for banks that can offer additional funding or better loan terms through refinancing. Lenders must be sure to consider data privacy when using AI by investing in enhanced cybersecurity methods.

Cybersecurity 52

Cybersecurity Credit and Collections Deductions Small Businesses 52

Due

AUGUST 31, 2023

Data visualization brings you a comprehensive solution, maximizing visual engagement through the appropriate presentation. The intrinsic relationships become more apparent when you present data visually. Well-presented visuals simplify complex concepts, making financial data easily ingestible by everyone.

Dashboards 59

Dashboards Credit and Collections Cybersecurity Insurance Companies 59

Abrigo

JULY 10, 2023

The rise of AI Understanding AI fraud schemes Integrating artificial intelligence (AI) presents promising opportunities and daunting challenges in today's ever-evolving world of financial transactions and digital advancements. By collectively striving to deter bad actors, we create a more secure environment for all stakeholders.

Credit Unions 60

Credit Unions Cybersecurity Credit and Collections Transactions 60

Due

JANUARY 18, 2024

Understanding Document Automation Document automation or document assembly employs digital systems to create, collect, store, manipulate, and relay document data. Shift towards AI-driven solutions (late 2010s – present) The latest and most transformative phase is the shift towards AI-driven solutions.

Credit and Collections 52

Credit and Collections Cybersecurity 52

Abrigo

OCTOBER 25, 2024

Helpful info for Cybersecurity Awareness Month Helping financial institutions mitigate AI-enhanced cybersecurity risks is the focus of a recent letter from the N.Y. This dual-edged nature of AI necessitates a comprehensive approach to cybersecurity. Department of Financial Services. Staying on top of fraud is a full-time job.

Cybersecurity 88

Cybersecurity Credit Unions Credit and Collections 88

Abrigo

APRIL 8, 2020

Alternatively, if available, entities may rely on the [customer identification program] of a federally insured depository institution or federally insured credit union with an established CIP as part of its AML program. Consumers and small businesses have long relied on community banks and credit unions and now is no different.

Credit Unions 78

Credit Unions Credit and Collections Cybersecurity Small Businesses 78