Compliance
May 31, 2016
U.S. regulators sent a strong signal to bankers that they are preparing to crack down on risky commercial real-estate lending, threatening to force banks to raise capital if necessary as they scrutinize the loans next year. “The agencies have observed substantial growth in many CRE asset and lending markets, increased competitive pressures, rising CRE […]
October 19, 2016
New banking regulations are driving up the operation costs for banks of all sizes. While it’s easier for big banks to purchase new data tools to remain compliant, small banks and credit unions feel the pinch of making these investments. Many are forced to reduce their offerings just to remain […]
February 15, 2017
The concept of silos of functions has been facilitated by the implementation of legacy IT systems that were designed solely to meet the demands of a particular department. While that might have seemed like a sound banking practice as recently as even decade or two ago, the financial landscape has […]
March 20, 2017
Banks across the US have indicated that improving efficiency and reducing spending are among the top operational priorities that need addressing. By investing in the right lending software, banks will be able to streamline operations, consolidate IT applications, and automate time-consuming processes. Before choosing a commercial lending software for your […]
April 10, 2017
Recently, the chairman of the Independent Community Bankers of America, Rebecca Romero Rainey, highlighted the challenges faced by community banks. She stated, “One-size-fits-all regulations are imposing unnecessary burdens on community banks that stifle lending and growth in local communities.”
June 23, 2017
For the commercial lending departments of today’s banks and credit unions, it is imperative to have access to an integrated and efficient loan evaluation system that supports applicable internal and external policies. However, the right system has a reach far beyond improving a financial institution’s internal mechanisms. It also builds […]