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Strategies for fighting remote authentication fraud

Independent Banker

Here, a fraudster obtains a legitimate user’s details to take over their online accounts, enabling the theft of money or a credit card, according to Marianne Crowe, vice president in the Secure Payments Innovation and Research group at the Federal Reserve Bank of Boston. Elizabeth Judd is a writer in Maryland.

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The community bank’s complete guide to building trust

Independent Banker

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. Penetration testing, or pen testing for short, has become a staple of bank IT security programs because hacking threats are constantly evolving. Elizabeth Judd.

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Efficiency now: 8 smart strategy tips

Independent Banker

During the pandemic, the Fed bought up massive numbers of mortgage-backed securities, with banks enjoying unprecedented sales levels and gain on sales margins. The days of people coming in to cash their Social Security checks—those are pretty much gone. Staying profitable and secure by warding off IT risk. Strengthen controls.

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A Deep Dive into the Distribution of the FICO Score Across the US

FICO

Paul and Boston. Texas, Maryland, and Georgia have the highest average non-mortgage balances being reported as of April 2019. economy, and the majority of Americans tend to be credit active (using credit and securing new credit). MSA 1 (City) Level View. Consumer credit continues to play an important role in the U.S.