Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. We look at community banks’ options for fighting this type of crime. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. How to minimize age-related fraud.

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Fraud social media Millennials Examples 133

Perficient

FEBRUARY 11, 2021

Is there potential for this sign-up to commit fraud or abuse? Choose Free Community or Enterprise Custom based on your preferences. EmailRep is a system of crawlers, scanners, and enrichment services that collects data on email addresses, domains, and internet personas. What kind of online presence does this email have?

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social media Tools Data Fraud 493

South State Correspondent

JULY 24, 2023

The app created a point of interaction and made it easy to publish on social media, thereby further amplifying the brand. As a result, it was used 13 million times in the first couple of months and created consistent virality across social media. The press and social media exploded.

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Marketing social media Branding Apple 195

Abrigo

APRIL 2, 2020

Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period.

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FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 FICO Admin.

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PYMNTS

JANUARY 25, 2021

Yitz Mendlowitz, founder and CEO of PAAY , shares his insights on how the pandemic has impacted small businesses, and what they should do in the year ahead to prevent fraud and survive in the new digital economy. With an effective fraud prevention solution, businesses can successfully adapt. retailers incur $3.13

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Fraud social media Online America 141

FICO

APRIL 28, 2021

Early on in the pandemic, FICO detected a 3x surge in medical equipment fraud. Three men were charged with conspiracy to commit wire fraud in a criminal complaint filed Feb. Meanwhile, fraudsters are also reaching out directly to an anxious public, running ads for COVID-19 vaccines on community sites like Craigslist.

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Abrigo

JANUARY 31, 2023

Takeaway 2 Banks should be proactive in understanding fraud trends and FinCEN priorities to prepare for future rulemaking. Increased fraud According to the Federal Trade Commission , consumers lost more than $5.8 billion to fraud in 2021, a 70% increase over the prior year. That represents nearly 2.8

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Fraud Training Regulation Trends 195

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” Malini Mithal testified that the FTC received over 200,000 reports of military fraud in 2021, totaling over $267 million in losses.

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FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

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Fraud Analytics Trends Innovation 52

Abrigo

MAY 5, 2022

Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S. Main Street Banking: A Podcast for Community Bankers 8. It also examines how community banks are different than other types of financial institutions, along with strategies for optimal operations.

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Community Lending Maine Resources 195

PYMNTS

AUGUST 15, 2019

social media agency called Hydrogen said that “mass viewing of Instagram stories is the new buying followers of 2019,” in reference to how people used to try gaming the system on Facebook to get more friends. This is not a good way to build a community, and we believe that Instagram will begin cracking down on this soon.”.

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social media Community Report System 108

PYMNTS

AUGUST 27, 2018

The scan seeks to find if a child’s Social Security number (SSN) matches an Experian credit file. If a credit file is found, the company’s fraud resolution team will seek to guide parents or guardians through their next steps. The bad actors behind synthetic identity fraud are also “hopping” onto legitimate accounts.

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social media Fraud Security Survey 101

PYMNTS

NOVEMBER 15, 2019

This is a new community, a new world, this is going to be very big. Department of Justice announced that two Massachusetts men were arrested and charged with conducting a scheme to take over victims’ social media accounts and steal their cryptocurrency. The Karatbar and the cryptocoin is the future.

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Gonzobanker

JULY 13, 2023

Whether or not banks and credit unions know it, they are using unsupervised machine learning in many of their anti-money laundering and fraud software applications. and Scienaptic signed more than 80 new credit unions in the past year. As my mother used to ask me, “If all your friends jumped off a bridge, would you?”

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Technology Software social media Fraud 78

Vitalik Buterin

JULY 21, 2020

This time around, we had three categories: the two usual categories of "tech" and "community" (the latter renamed from "media" to reflect a desire for a broad emphasis), and the round-6-special category Crypto For Black Lives. About that EIP 1559 Community fund.

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Community social media Examples Fraud 103

Gonzobanker

MAY 23, 2024

Cornerstone surveyed over 300 community banks and credit unions and found that more than 60% are not satisfied with their current core provider across several categories. In addition, with social media users ready to expose any impact to customers, financial institutions are anxious about taking undue risks in a core systems project.

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System social media Technology Training 88

William Mills

AUGUST 9, 2016

William Mills Agency, the largest independent public relations and content marketing firm specializing in the financial industry, is pleased to announce today that it will provide PR services, trade show support and social media services for Tennessee-based, ACH Alert.

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PYMNTS

DECEMBER 30, 2019

Hackers may have also used information from targets’ social media pages to make their fake emails look particularly convincing. While the precise location of the hackers is unknown, the complaint says they are generally believed to operate in North Korea based on information obtained from the security community.

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PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

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Analytics Data Fraud Tools 116

Long Lasting Ideas

SEPTEMBER 6, 2017

And if you think your community bank is immune from crisis, you’ve got one. Continue reading Weathering the storms of hurricanes and bank fraud. Junk happens. As we know well, banks and credit unions aren’t immune from having to activate its crisis management strategy. at Bank Marketing Strategy + Ideas.

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Fraud Marketing Strategies Community Bank Strategy 40

PYMNTS

FEBRUARY 20, 2019

million from social media account hacks between April and September 2018, shedding light on another rising cyberthreat for SMBs. ” Yet, amid the efforts to increase awareness of cyberattack threats among the small business community, research has suggested that understanding of this risk remains muted.

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Resources social media Tools Policies 140

Lex Sokolin

MARCH 31, 2021

There’s a big difference between belonging to a community that you simply like, and a community that will make you *rich*. Finally, there is a sharp, core distinction between human nature and its social DNA, and the issues around quality of life, median income, longevity and health outcomes. Jumio, Feedzai, and Chainalysis?—?and

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Capital Marketing Community social media 52

Gonzobanker

OCTOBER 13, 2020

With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors.

Strategy 156

Strategy Digital Banking Digital Strategies Mobile 156

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

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Fintech Lending Software Compliance 184

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

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Fintech Community Regional Technology 194

William Mills

JUNE 22, 2017

The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. Topics include fintech, risk management, blockchain, fraud detection and more. Bank on IT. BAI Banking Strategies.

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Fintech social media Cyber Security Conference 60

PYMNTS

MAY 6, 2019

But, the report noted, social media – with its reliance on navigation tools like hashtags – provides an easier environment for counterfeiters to hide openly. Stories have also been popular, because they only exist for 24 hours at a time, making it hard to find and flag them.

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social media Branding Survey Report 123

CB Insights

JANUARY 9, 2018

The emergence of “fake news” — false stories that gain traction across the internet and social media — has become a major story since the 2016 elections. ” Distil also protects against cyberthreats of web scraping, competitive data mining, online fraud, account hijacking, and digital ad fraud. DIGITAL SHADOWS.

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social media Trends Branding Online 61

PYMNTS

JULY 30, 2018

Walmart wants to develop a stronger name for itself as a lifestyle brand, and a richer reputation for having a social media presence. Retailers typically use syndicated content, but it’s very canned,” said Leah Logan, VP of media products and community growth for Collective Bias, a content services provider working with Walmart.

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Apple Fraud social media Payments 101

PYMNTS

JUNE 14, 2019

The study came up with Reputation Scores, measured on a scale of 100 to 1,000, based on online reviews, accurate listings, social media, search results and customer engagement. Where once mobile strategies were reserved for big national banks, now community banks and credit unions have also adopted mobile offerings.

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Retail Study Online Mobile 103

PYMNTS

JUNE 3, 2016

It may have begun as a way for individuals to take control of the data they share on social media sites, but Ionic Security has begun to shift its focus to securing the data of enterprises and their employees. Check out who secured venture capital in our breakdown below. Enterprise Security. Ionic Security.

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NCR

JUNE 23, 2017

Online fraud is one of the biggest challenges for the financial community. Just this past year, NuData scientists discovered a 400% year-over-year increase in sophisticated automation that created a spike in application fraud and account takeover attacks. Varied Cyber Attacks. billion by 2020. Image: iStock/hh5800.

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Fraud Cyber Security social media Analytics 45

South State Correspondent

OCTOBER 4, 2023

Maybe technology and maybe fraud, but other than that, it is hard to duplicate that success rate. Most of these campaigns revolve around an email drip campaign, digital advertising, retargeting, social media, podcasts/video, and print. Where else can you get consistent triple-digit ROIs? Marketing can.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

JUNE 27, 2017

JB: We’re based in San Diego, a city that not only has a vibrant and fast-paced software and technology community, but also so many great outdoor activities and attractions. The increased focus is a good thing — AML laws and Know Your Customer (KYC) requirements can help reduce crime, prevent terrorism and mitigate the risk of fraud.

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Innovation System Mobile Trends 145

PYMNTS

DECEMBER 13, 2019

In its most recent Community Standards Enforcement Report, the company said it has removed 3.2 Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report by VentureBeat.

Training 140

Training Video Community Software 140

William Mills

FEBRUARY 7, 2017

According to the Safe Systems’ 2017 Community Bank Information Technology Outlook Study, more than 80% of survey respondents have been affected by debit card fraud and email phishing attempts in the last 18 months, and due to these threats, more than 77% increased their IT security spending in the last 18 months.

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