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Nonprofit Supports Community Entrepreneurs Amid Pandemic

PYMNTS

According to Brennan, EforAll is a growing nonprofit organization that partners with communities to help under-resourced entrepreneurs start and grow a business through intensive business training, mentorship and an extended professional support network. They know they need to make their dreams work right now, not a year from now.”.

Community 148
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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

A scam usually begins with online contact via social media or dating apps. Conduct regular employee training : Financial institutions should educate their employees about the risks associated with pig butchering scams and other fraud schemes. The goodwill your institution will gain in the community will be invaluable.

Fraud 195
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Facebook Funds $100M In Grants For SMBs Affected By Coronavirus

PYMNTS

Sheryl Sandberg, chief operating officer of Facebook, said on her page and in a blog post on Tuesday (March 17) that the social media giant wants to “do our part” to help with the “enormous challenge in front of us.”. The company’s goal is to assist companies “in this new and unsettling environment.”.

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The true cost of fraud

Abrigo

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss. Find out how BAM+ stops fraud scams.

Fraud 195
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AI fraud challenges: How to guard against losses

Abrigo

As we harness the power of AI to enhance operational efficiency, detect patterns, and optimize decision-making processes, financial institutions must remain vigilant. Public social media sources have made it easier for fraudsters to obtain information by looking at what people post online.

Fraud 150
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Six Ways to Protect Yourself and Your Family on Data Privacy Day

Perficient

Use these direct links to update your privacy settings on popular devices and online services on everything from social media to Peloton and Spotify. You can get involved at home, at work, and in your community. See open jobs or join our talent community for career tips, job openings, company updates, and more!

Data 535
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Facebook Grant Money To Prioritize SMBs Owned By Women, Minorities And Veterans

PYMNTS

Facebook COO Sheryl Sandberg announced Thursday (May 21) that the social media giant would be awarding $20 million to businesses owned by minorities, women and veterans, according to CNBC. The giveaway is based on those groups often taking the worst brunt in crises like the coronavirus pandemic. “