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Top 5 Fraud Manager Considerations During COVID-19

FICO

So, I thought I would outline my top 5 fraud manager considerations during COVID-19. Here are some of my thoughts on the matter: 1) Top 5 Fraud Manager Considerations During COVID-19: We owe our customers protection during these unusual times. Criminals also run their own businesses, and fear is an opportunity to exploit.

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The Big Spike In ‘CEO Fraud’

PYMNTS

As for the areas where scammers managed the biggest hits, business email compromise (BEC), confidence/romance fraud and spoofing were the top three types of crime in terms of monetary losses. Phishing/vishing/smishing/pharming, non-payment/non-delivery, extortion and personal data breaches were among the favored attack patterns last year.

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Personal Loan Offers With Zero Processing Fee

BankBazaar

Additional Reading: Personal Loan Handbook: All Questions Answered. You should have a valid ID proof like passport, pan card, driving license, voter ID card, and photo ration card. Check them out! Tata Capital Personal Loan. Interest Range: 11.25%-14.49%. Features: Avail loans up to Rs.

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How To Clean Up Your Credit

BankBazaar

While money experts and handbooks can’t stress enough about the importance of staying debt-free your entire life, it’s perhaps an impractical goal to aim for unless you have millions stashed away. A good Credit Score has more going in your favour than you think: It boosts your chances of approval when you apply for a loan or a Credit Card.

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What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future

PYMNTS

If there was a handbook for how to become a successful fraudster, the first sentence of the first chapter would go something like this: “Go where the money is.”. The fraud rates that had previously been manageable suddenly spiked – so much so, in fact, that PayPal shuttered the service for a while.

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Financial Lessons For The Working Adult

BankBazaar

With a certain amount of smart planning, a well-chalked out strategy and basic understanding of budgeting, you should be successful at mastering the much-needed money-management skills to take charge of your finances. Additional Reading : Financial Aptitude Handbook For Young Adults. Reserve your Credit Card for big ticket purchases.

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4 Ways to Create a Better Customer Experience in Fraud

FICO

While fraud is a challenging and widespread problem in retail, wireless providers can readily adopt fraud management and communications solutions already in wide use by financial institutions. Why can’t they text or email me like my credit card company does when I’ve filed a fraud claim, to keep me apprised of its status?” I wondered.