Risk Management

Santander says “significant strides” have been taken in addressing a range of issues

Pandemic sees increase in amount lost to fraud, according to new data

Data indicates that global crises like COVID-19 present a ripe environment for spikes in financial crime

Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years

Several large banks have already announced share buybacks after the temporary ban was lifted

Ongoing stay at home orders and unemployment continue to create financial obstacles for the most vulnerable consumers

The coronavirus pandemic has created turbulent conditions in ag lending in 2020

How leveraging more data and advanced analytics can help financial institutions sharpen their transaction monitoring programs and aid law enforcement

The closures will affect 18% of its network but it will retain coverage across affected markets

Banks had been setting aside more cash to soften the impact of expected losses since the start of the pandemic