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Fraud prevention and detection: Empowering clients through education

Abrigo

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S.

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Avoiding AML compliance penalties – Tips from a former regulator

Abrigo

FinCEN said this was done with little to no risk management program. The credit union was not reviewing 314(a) requests, not conducting independent testing, and could not provide regulators with a meaningful risk assessment. The revenue generated from this relationship made up over 90% of the credit union's annual income.

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CFPB issues fourth biennial report on credit card market

CFPB Monitor

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews.

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TSYS Names Barclaycard Executive As President Of Merchant Solutions

PYMNTS

We are thrilled to have a visionary such as Philip join our executive leadership team at TSYS ,” said Joseph in the release. McHugh also spent 10 years with Citigroup covering Latin America, including management roles with its credit card division in Brazil. Prior to being CEO, he was chief financial officer for Barclaycard.

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The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

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2021 GonzoBanker Awards

Gonzobanker

After leading a great and vibrant organization at Andrews Federal Credit Union, Jim and his family have taken on a new adventure, and the Gonzo team is confident Jim’s ambition and transparent leadership style will be welcome in Raleigh, N.C. Lifetime Leadership Achievement Awards. Congrats on a brave move and national recognition Jim!

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Community Bank CEO Outlook 2022: Your priorities for the new year

Independent Banker

Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products. David Fura, SVP, head of card payments, FIS. In fact, 16.5%