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Small banks' battle to thwart unemployment scams

American Banker

Peoples Bank in Arkansas and Main Street Bank in Massachusetts are getting smarter about spotting suspicious transactions tied to unemployment benefit fraud as well as warning customers what to watch out for.

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Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14)

Fintech Labs Insights

HQ: Little Rock, Arkansas. Description: Biometric authentication system to reduce fraud while protecting user privacy. Related: Digital Banking Challenger AidBanc Tackles the Money Management Headaches of Global Non-Profits (Fintech Startup of the Week). Website | LinkedIn | Twitter. Founder : Marla Johnson , CEO.

Fintech 15
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Digital Banking Challenger AidBanc Tackles the Money Management Headaches of Global Non-Profits (Fintech Startup of the Week)

Fintech Labs Insights

A startup from Little Rock, Arkansas, founded by West African immigrants, tackling a huge and important problem, managing the global banking & money transfers for NGOs. Company vitals: Description: Full-service banking and spend management platform for global NGOs. HQ: Little Rock, Arkansas. Funding: $120k.