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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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Community Banks Accelerate FinTech Integrations

PYMNTS

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

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Transactions: Kasasa partners with community FIs on search tool

BankInovation

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Finder runs on data input from FIs via Salesforce. based, $230 million […].

Tools 52
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Transactions: Kasasa partners with community FIs on new tool

BankInovation

Financial technology provider Kasasa is partnering with 50 community banks around the U.S. on Finder, a new tool that allows banking customers to search by zip code to find local financial institutions (FIs) that offer Kasasa rewards accounts. Finder runs on data input from FIs via Salesforce. based, $230 million […].

Tools 52
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The Benefits of Leveraging a CRM to Be More Community-Focused

Abrigo

Key Takeaways To better serve their community, as well as stay competitive in this fast-moving environment, savvy CFIs are carefully blending digital innovations with their hallmark relationship banking practices. CFIs reinvest in their communities, supporting local businesses and helping community members make financial decisions.

Community 273
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Market your community bank with first-party data

Independent Banker

Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways. Data about existing customers can even help community banks improve their efforts to find new customers.

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How To Ensure Community Banks Aren’t Left Behind In The Digitization Revolution

PYMNTS

That’s even more true for community banks, which lack the resources larger FIs have to support modernization initiatives and technology investment efforts. At the same time, the logistical challenges and competitive pressures associated with digitization remain just as pertinent for community banks.