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The First Step For Raising Deposits

South State Correspondent

This article provides an overview of the equation and highlights our lessons learned. Change in Needed Deposit Balances The formula starts by asking – given your existing core deposit base, what is desired new amount? The more deposits you need to raise over the stated time horizon, the more inputs are required.

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FinCEN Red Flags for Economic Impact Payment Fraud

Abrigo

Would you like other articles like this in your inbox? Altered checks: Fraudsters deposit altered EIP checks, often by ATM or mobile device, that may modify name of payee or increase the amount of the check. Counterfeit checks: Fraudsters deposit counterfeit EIP checks, often via ATM or mobile device.

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Can Smartphones Solve ATM Skimming

Banking 2020

ATM skimming remains a big business for organized crime rings. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Security and mitigating losses from skimming ultimately will be what banks care about most. Perhaps the biggest problem is perception.

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Stash Invest Review: Start Investing in Your Favorite Brands

MyBankTracker

Stash Invest is a personal finance app that allows you to manage your money in one place. Aside from investing, you can also use the app to balance your budget and track your spending. Investing with Stash is a little different than investing with other online brokerage options. Stash Invest doesn't offer as much variety for investment options.