How prepared is your financial organization to deal with Concentration risk and associated examiner requirements for monitoring defined risk areas. A risk concentration is any single exposure or group of exposures with the potential to produce losses large enough (relative to capital, total assets, or overall risk level) to threaten a financial institution's health or ability to maintain its core operations. Every asset, liability, product, service, and third party provider presents a risk of loss to the credit union or bank under varying conditions or events.

During periods of economic stress, originators typically produce very tightly controlled credit. As defaults shake out of the market, lenders see a dramatic improvement in credit quality. When the economy recovers and competition returns, so do higher levels of delinquency and losses. Lenders with credit scoring models calibrated on the events of the last three years are very likely to over-score new applicants as the market improves. This presentation discusses high-level steps risk managers may take to ensure model validity in a changing credit environment.

As an industry leader in detecting and preventing fraud, TSYS helps reduce fraud, secure customer account information and effectively manage compliance and security information. In today’s economy, very little remains as critical as loss mitigation. Please join us for this interactive discussion that will cover the topic of emerging fraud trends and best practices to address current issues in the market. This session is designed to help you fight fraud more effectively and learn how to mitigate your exposure to these current threats.

Credit card portfolios are not static. They require proactive account management in order to drive profitability and manage losses. Strategies are implemented to influence customer behavior and must have a defined, measurable goal to drive the success of the strategy. The panel will discuss new ways in which to maximize their effectiveness into the next decade and ensure best practices for test strategies including small group testing, outcome evaluation against a control group, working jointly with marketing and operations, and how to identify the overall financial impact, timing and required execution timeframe to achieve results, strategies can be executed across the entire credit lifecycle.

In an era of increased fraud, Paychex has kept their losses stable through creative measures. A critical opportunity to identify fraud situations surrounds the period where clients are on-boarded to Paychex services. Paychex worked with State and Federal Law Enforcement and other payroll providers to establish a Fraud Consortium, allowing potential fraudsters to be identified proactively. Fraud losses decreased by 33% within the first few months, helping Paychex to “hit the number" in turbulent times.