AI poses 3 main cybersecurity risks to banks & credit unions Understand the specific AI-related risks and take action now to mitigate cybersecurity threats at your bank or credit union. Key topics covered in this post:  The main cybersecurity risks tied to AI Risk mitigation with data management & planning

What would happen if your institution faced an unexpected liquidity crunch? Effective liquidity stress testing helps banks and credit unions prepare for the unknown, ensuring they can withstand financial shocks and meet regulatory expectations. This guide breaks down essential strategies to identify vulnerabilities and strengthen liquidity risk management. Download to

  Download PDF Abrigo Chief Technology Officer Ravikumar Nemalikanti came home to his alma mater at the University Chicago Booth Business School, to deliver a well-received talk on banking, data, and technology hosted by Banking Exchange. In front of a classroom of bankers from institutions such as Wintrust, BNY, Synchrony,

What banks, credit unions, and other creditors need to know to collect and report 1071 data. Given the magnitude of the 1071 rule and the changes it will spur, small business lenders shouldn’t let the outlying deadlines lull them into inaction. Bolster small business banking with these tips from peers

Risk management is at the very core of the business of banking. It’s also a fundamental differentiator between financial institutions. Institutions that identify, measure, and manage risk most effectively will outperform their peers in terms of financial performance while also maintaining safety and soundness. This is especially true during periods

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs of increased risk. They help manage and shape strategy in volatile economic and industry conditions.  You might also like this webinar: “Identifying emerging CRE credit risk red flags” WATCH

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. You might also like this webinar: “CECL implementation FAQs: Progress as 2023 approaches” listen Takeaway 1 The National Credit Union Administration emphasized interest rate, liquidity, and

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk.  You might also like this whitepaper, “Inflation and rising rate’s impacts on earnings and

Loan pricing in a rising rate environment: What’s the big deal? With rampant inflation and expected rate hikes for banks and credit unions, not to mention lingering economic and health effects from the pandemic, financial institutions face real profitability challenges in 2022. Now more than ever, it’s critical to focus