Articles from Abrigo

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired Integrated Financial Solutions (IFS), the provider of IFSLeaseWorks, a leader in end-to-end lease and loan origination and administration automation. The acquisition of the company, based in Hasbrouck Heights, N.J., marks the latest in a series of strategic investments by Abrigo to help financial institutions gain efficiency through automation in the front and back office.

Abrigo, a leading provider of commercial lending software and services for U.S. financial institutions, today announced that Abrigo Small Business Lending is now commercially available after a highly successful beta phase. The official launch comes at a pivotal moment as financial institutions look to enhance their small business lending capabilities and prepare for an influx of small business loans spurred by the Federal Reserve’s market-moving half-point rate cut.

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced compelling new survey results revealing how Americans feel about financial fraud, their fears about AI’s impact on fraud, and some misconceptions that endure. The vast majority of Americans (90%) are worried about the rise in fraud: More than half (51%) are “extremely concerned” and another 39% are “somewhat concerned.”

Abrigo, a leading provider of commercial lending software and services for U.S. financial institutions, announced today at its annual ThinkBIG national conference the launch of Abrigo Small Business Lending, a commercial loan origination solution optimized for small business lending. The newly enhanced product will enable financial institutions to accelerate and expand small business lending, empowering small businesses to grow and their communities to thrive. Importantly, it also ensures compliance with 1071 small business data collection requirements for lenders, which are moving forward after the U.S. Supreme Court's recent ruling.

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced new survey results revealing how Americans and small businesses are struggling with check fraud, along with misperceptions about the growing problem. More than one thousand adults in the U.S., representative across multiple demographics, were surveyed in March 2024. About 45% of respondents report being a victim of financial fraud, and 17% of that group report experiencing check fraud in particular — potentially more than 20 million people, exceeding the combined populations of America’s top 5 largest cities.

Abrigo, a leading provider of compliance, credit risk, and lending solutions for financial institutions, has acquired TPG Software, an industry leader in investment accounting and management solutions. The acquisition marks the latest in a series of strategic investments by Abrigo to help financial institutions streamline risk and accounting management processes while ensuring internal and regulatory compliance.

Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced the launch of Abrigo Fraud Detection, a new platform that combines AI-powered inspection and check image analysis with a smart, configurable fraud decision engine. Abrigo’s innovative hybrid approach protects banks and credit unions from crippling financial losses by increasing the accuracy of fraud detection, uncovering threats missed by traditional tools and manual reviews, and automating fraud department workflows.