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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Takeaway 3 Consider providing resources teaching your customers red flags to watch for to avoid pig butchering scams. A scam usually begins with online contact via social media or dating apps. Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams.

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AI fraud challenges: How to guard against losses

Abrigo

Get more tips for managing the AML program from this webinar: "Conquering BSA challenges: Best practices for managing a successful AML program" DOWNLOAD Takeaway 1 AI can enhance our efficiency, but financial institutions must be on guard against AI fraud. Here are several suggestions for tightening security.

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Social Media Trends 2020 – LinkedIn Best Practices

Social Assurance

The most professional social media site has evolved to meet its users’ needs and the difference could surprise you. Don’t forget to catch our webinar about the State of Social Media 2020. We’ll be going over changes for all social media platforms and new follower expectations. Upcoming Webinar.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. We have webinars , whitepapers , and other resources to make your job easier. Main Street Banking: A Podcast for Community Bankers 8. Banking Resources. Banking Transformed 2.

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How To Improve Uninsured Deposit Performance

South State Correspondent

Apply further rising rates, social media amplification of rates or risk, general sensitivity to safety, greater competition, or a credit shock to the deposit holding institution. This is one of the great mysteries of community banking. Almost every community bank touts its commitment to the relationship.

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The Customer Problem Resolution Secret

South State Correspondent

Ask almost any community banker, and they will tell you their value proposition around their bank revolves around service. At 19%, community banks ranked only above credit unions in delivering customers that were “extremely satisfied with the outcome of their problems and a whopping 35% that were “not satisfied.”.

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Elder Financial Exploitation During a Pandemic: An Issue We Can’t Forget

Abrigo

EFE occurs when a person misuses or takes the assets of a vulnerable adult for his/her own benefit - without the elder’s explicit knowledge or consent depriving the individual of vital financial resources for personal needs taken via forms of deception, false pretenses, coercion, harassment, duress, or threats. It’s the right thing to do.

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