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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. Spread the word.

Fraud 195
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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. Crafty scammers exploit weaknesses in fraud and anti-money laundering (AML) compliance programs such as outdated technology, human error, or inadequate monitoring systems. The goodwill your institution will gain in the community will be invaluable.

Fraud 195
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Fleet Feet: Running Shoe Retailer Sprints With Technology

PYMNTS

The Carrboro, North Carolina-based chain has used its technology-first strategy to get, keep and grow its customer base – even while its stores were shut down early in the pandemic. Fleet Feet has come up with proprietary technology to address that. More than one million Fleet Feet customers have used the technology.

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Unveiling the New Perficient People Promise

Perficient

The Discovery Process began with gathering data from social media and review site scans and looking at various internal data, such as results from Perficient’s annual Employee Engagement Survey. dynamic mindsets to our global community. communities, and one another. READY TO GROW YOUR CAREER?

Community 520
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St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

Colleagues now engage in philathropic and social activites through technology like video calls, Microsoft Teams , and social media. See open jobs or join our community for career tips, job openings, company updates, and more! A Company with a Great Culture and the People to Prove it.

St. Louis 530
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Banks Need Artificial Intelligence – It’s Just a Matter of Picking the Right Technology

Gonzobanker

Vendors need to be able to explain their AI technology to bankers in layman’s terms “An algorithm is what software engineers call something when they don’t want to explain what they did.” — Modern Adage Every vendor these days is talking about how their software has magical “AI” algorithms in it.

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AI fraud challenges: How to guard against losses

Abrigo

An example of a rising AI fraud scheme is using voice-to-text technology, such as Microsoft’s new Vall-E Text-to-Speech System. This technology can convert written words into speech that sounds like a recorded person using only three seconds of a voice recording.

Fraud 150