Banking
Showing 1–16 of 604 results
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Bank Wire – Regulators focusing on liquidity risk management
Winter 2024
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 440
Abstract: This brief summary of recent developments in banking lists eight critical elements of sound liquidity risk management from the 2010 “Interagency Policy Statement on Funding and Liquidity Risk Management (SR 10-06).” It also notes that some federal regulatory agencies are cracking down on “junk fees” charged by some banks and businesses. Finally, it raises an alarm about a recent virtual currency investment scam known as “pig butchering.”
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What can visual analytics do for your bank?
Winter 2024
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 546
Abstract: Criminals are continuously looking for ways to use rapidly advancing technology for their own nefarious purposes. This is an ongoing issue for many community banks as they try to prevent money laundering and other crimes from happening within their operations. This article explains that banks need to protect themselves from criminal infiltration and ensure they remain in compliance with Bank Secrecy Act/Anti-Money Laundering (BSA/AML) laws and regulations. It suggests that using data visualization software to help detect possible crimes before they can take hold can be helpful in that effort.
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7 ways AI is transforming the banking industry
Winter 2024
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 588
Abstract: Artificial intelligence (AI) is impacting businesses in virtually every industry today, and banking is no exception. This article notes that banks of all sizes increasingly recognize AI’s potential to help them improve efficiency, reduce costs, enhance the customer experience and combat fraud. It offers seven examples of how banks are using AI, including in customer service, fraud prevention and underwriting decisions.
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Learn from past mistakes – “Postmortems” on failed institutions are instructive for community banks
Winter 2024
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 869
Abstract: In the aftermath of three notable bank failures in 2023, federal banking regulators issued comprehensive reports detailing the underlying causes of those failures. The reports point out management shortcomings that led to the bank failures — as well as regulators’ plans to become more proactive in addressing bank risks. This article showcases some highlights of the three reports. It also suggests that banks should expect greater regulatory scrutiny in the future, particularly with respect to capital, liquidity risk and interest rate risk. A sidebar addresses the role of social media in liquidity risk.
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Bank Wire – Doing business with marijuana-related businesses: Handle with care
Fall 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 451
Abstract: This brief summary of recent developments in banking discusses the risks and rewards for banks of doing business with marijuana-related businesses, explains new interagency guidance on managing third-party risk and warns banks to avoid engaging in “digital redlining.”
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How to manage commercial real estate risk in the post-pandemic era
Fall 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 549
Abstract: Community banks, by their very nature, tend to have higher concentrations of commercial real estate (CRE) loans than larger institutions. This article explains that any concentration in certain types of loans, borrowers or collateral exposes banks to heightened risks, so banks need to be proactive in managing CRE concentration risk. It also points out that a confluence of recent trends has elevated CRE risks for many banks.
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Building your core deposits for the long term
Fall 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 595
Abstract: Community banks need to stay at the top of their game to maintain both stability and profitability. This article points out that banks have many technological, regulatory and digital factors to consider in the effort to stay competitive. It notes that a key factor in that effort is to focus on growing core deposits and suggests several steps banks can take to attract and sustain deposits. These include recognizing the importance of branches and developing targeted services.
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Fraud in banks – Are you keeping occupational fraud under control?
Fall 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 847
Abstract: According to the Association of Certified Fraud Examiners (ACFE), the banking and financial services industry consistently tops the list of industries most frequently affected by occupational fraud. Among other things, this article discusses several categories of occupational fraud as well as some common fraud schemes and detection methods. A brief sidebar summarizes the antifraud controls that were most effective in terms of reducing fraud losses and duration.
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Bank Wire – CFPB targets “junk fees”
Summer 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 443
Abstract: In this brief summary of recent developments in banking, we look at two “junk fee” practices that the Consumer Financial Protection Bureau has deemed likely to be unlawful and discuss whether banks should amend their employee retirement plans in light of recent SECURE 2.0 Act of 2022 provisions.
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Don’t take government guarantees for granted – How to avoid jeopardizing your SBA loan guarantees
Summer 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 534
Abstract: Banks that participate in U.S. Small Business Administration (SBA) lending programs must comply with all SBA requirements and standards to ensure that the government will honor its loan guarantees. This article explains that these loans allow banks that follow prudent lending practices to expand customer base, reduce risk, boost lending capacity (the guaranteed portion of these loans doesn’t count toward a bank’s legal lending limit), and improve liquidity (the guaranteed portion can be sold on the secondary market).
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How can financial due diligence support your loans?
Summer 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 721
Abstract: Many currently problematic loans once looked good on paper — but now, aren’t worth the paper they’re printed on! This article points out that to ensure a bank doesn’t succumb to the lure of loans that seem to be — and are — too good to be true, it’s important to have a policy of conducting proactive due diligence practices from the start. It provides several steps to take and lists some common ratios that are useful in assessing risk. The article notes that due diligence is key in helping loan portfolios remain stable and profitable over time.
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In the wake of bank failures, expect increased scrutiny from regulators
Summer 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 863
Abstract: The failures of Silicon Valley Bank and Signature Bank and the self-liquidation of Silvergate Bank in March 2023 served as wake-up calls for banking regulators and lawmakers. Although industry experts agree that steps must be taken to avoid similar failures in the future, they disagree over whether the solution is to implement stricter banking regulations or simply to improve oversight under existing regulations. This article suggests that, whatever the answer, banks can expect regulators to watch them more closely, particularly regarding capital, liquidity and interest rate risks.
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Bank Wire – Crypto-assets: Handle with care
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 401
Abstract: In this brief summary of current trends in banking, we look at a statement just published by the federal banking agencies on crypto-asset risks to banking organizations and highlight a recent rule that requires banks to be prepared to report computer security incidents to federal regulators quickly.
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Strengthen your defenses – Preparing for ransomware attacks
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 649
Abstract: In the past, smaller banks might reasonably have believed that cybercriminals would leave them alone, because larger institutions offered a bigger payoff. Recently, however, the trend has reversed. This article explains that cybercriminals are now targeting small banks, which they believe lack the wherewithal to protect against these attacks and have less robust internal controls than larger institutions. It suggests some protective measures community banks can take and stresses the importance of having a plan in place to reduce risk and mitigate potential damages.
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How to assess and deal with BSA/AML risks
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 674
Abstract: Over the past few years, many people have turned to electronic banking (e-banking). While e-banking may be convenient, it also may increase the possibility of hidden criminal behavior. This article points out that compliance with Bank Secrecy Act/Anti-Money Laundering (BSA/AML) laws and regulations is increasingly scrutinized by banking regulators. It notes that this puts banks in the middle of a potentially difficult — even dangerous — situation, unless they develop strategies to both assess and handle any related risks.
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Should you outsource the internal audit function?
Spring 2023
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 845
Abstract: A solid internal audit program is one of the most effective tools a bank has to inspire confidence — among directors, investors, regulators and other stakeholders — in its financial processes and reporting practices. But many banks find it makes more sense to outsource the internal audit function, in whole or in part. This article offers some factors for banks to consider when deciding whether to outsource this function. A sidebar discusses how to manage third-party risk.