article thumbnail

Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Would you like other articles like this in your inbox? While previously, fraud was local or regional, today, scammers leverage technology extensively. They make fake accounts and profiles and analyze people groups, current events, and regional characteristics to appear as legitimate as possible.

Fraud 195
article thumbnail

Non-Profit Community Spotlight: Copley Hospital and Northeastern Vermont Regional Hospital

Ublocal

Each season we’ll dedicate an article that will focus on some of the great work our non-profit partners have been up to. In this piece, we highlight Copley Hospital and Northeastern Vermont Regional Hospital. We understand what a difference generosity can make to our towns, it’s in our DNA — because we live here, too.

Vermont 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EDPB Recommends Steps For Data Exporters To Ensure GDPR Compliance 

PYMNTS

Then, exporters should verify the tool on which their transfer depends if the European Commission hasn’t decided that the country, region or actor to which they are transferring data is adequate. The board identified five main Article 46 GDPR transfer tools.

Data 202
article thumbnail

How To Do Better Against National Bank Lending Competition

South State Correspondent

Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region. By excluding larger bank lending competitors, this SWOT analysis is mainly useless because it doesn’t compare this community bank’s performance with the majority of the banking competition in its region.

National 195
article thumbnail

Wirecard Linked To Mafia Money Laundering

PYMNTS

” Wirecard declined to comment for the FT article. ‘Ndrangheta operates from the Calabria region in Southern Italy. ” The FT added: “Since then, more than 30 people have been sentenced for mafia-related crimes linked to the case.”

Regional 362
article thumbnail

How to Practice Loan Pricing Discipline

South State Correspondent

In this article, we would like to define loan pricing discipline and cover bid, why it matters, and demonstrate how most community banks currently are not using loan pricing discipline. The national and regional banks originate about 85% of all domestic loans, and community banks hold the remainder.

How To 195
article thumbnail

4 Ways To Quantify Loan Prepayment Protection in 2023

South State Correspondent

In a previous article ( here ), we discussed why commercial loan prepayment protection would be a critical return on asset (ROA) driver for community banks in 2023. In this article, we will quantify the value of a prepayment provision and compare the value of a step-down to a symmetrical break-even provision.