Remove Exercises Remove FDIC Remove Risk Management Remove social media
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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

While we wrote about the root cause of the failure of Silicon Valley Bank (SVB) HERE , the lessons of the current banking crisis go beyond interest rate risk management. While interest rate risk caused the most significant impact on value, several other factors contributed to the terminality of each bank that was closed.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. Clients should also be wary of social media scams. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters.

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