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How To Use Your Emergency Fund Because Of A Job Loss During COVID-19

BankBazaar

Given the present circumstances, it won’t be a stretch to say that there may come a time when we may have to dip into our emergency corpus. What should you do then and how should you go about it? If things look stable for you on your job front, great! And by that we mean, having to dip into your emergency fund.

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Understanding 1st-party fraud: Risks and resolutions

Abrigo

How financial institutions can prevent losses from 1st-party fraud Learn strong approaches to identifying, preventing, and detecting 1st-party fraud that will keep your AML program on top of fraud trends. Takeaway 3 Prevention and detection best practices can curb hard dollar 1st-party fraud losses while protecting clients.

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Five Things BSA Officers Need to Know in COVID-19

Abrigo

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Embrace technology to help your department and institution successfully shift to remote work. Be aware of emerging fraud schemes.

Fraud 195
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Five Things BSA Officers Need to Know in COVID-19

Abrigo

Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic. Consider a risk-based lookback for your PPP portfolio to fight fraud. Embrace technology to help your department and institution successfully shift to remote work. Be aware of emerging fraud schemes.

Fraud 195
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Money Management During The Coronavirus Crisis

BankBazaar

The COVID-19 situation calls for calm-headed decisions that help you fortify your household finances and come out of the crisis unharmed. We’re putting together a series of suggestions to help you deal with various facets of your finances. Your personal finances will not be immune to the crisis. HOW TO MANAGE CASH.

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Tips To Manage Your Finances If You’ve Been Retrenched

BankBazaar

If you’ve been retrenched because of the ongoing pandemic or are anticipating it, here are some tips to manage your finances during this difficult period. . As layoffs and furloughs continue with the ongoing pandemic, the number of people unemployed has increased disproportionately to the number of job vacancies.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. And S&L’s had long-term, lower yielding mortgages funded by shorter term deposits. trillion failed. Between 1941 and 1979, an average of 5.3

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