2023 Regulation Security social media 
Abrigo
JANUARY 4, 2023
banking regulators recently warned financial institutions that dealing with cryptocurrency exposes them to an array of risks. Crypto scams to watch for in 2023. Social media scams: The FTC reports that half of those who have reported crypto losses since 2021 said the scam began with an ad, post, or message on social media.
Abrigo
MARCH 8, 2024
In 2024, we face sophisticated schemes exploiting both technology and social engineering to target unsuspecting customers. In 2023, reported fraud losses surged to over $10 billion, a 14% increase from 2022, despite a similar number of cases being reported at 2.6 The best defense is a good offense.
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South State Correspondent
APRIL 23, 2023
Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.
FICO
DECEMBER 20, 2022
5 Ways Digital Payments Will Change FIs and Fraud in 2023. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023. But I’ll still weigh in with prognostications for 2023. Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security. FICO Admin. Tue, 07/02/2019 - 02:45.
Abrigo
NOVEMBER 17, 2023
billion to fraud in 2022, a 44% increase over the prior year and a trend that has continued into 2023. Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss. According to the Federal Trade Commission (FTC), consumers lost $8.8 financial s ystem.
PYMNTS
AUGUST 24, 2019
The move comes amid a general trend in all areas of payments and commerce to move beyond the limitations and security risks that come with older forms of ID authentication and verification. As other PYMNTS research confirms, consumers are set to spend $23 billion buying mobile tickets for sports and gaming events by 2023.
Jeff For Banks
JUNE 2, 2023
//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. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.
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