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Open Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News

PYMNTS

Nike Restructures Corporate Leadership In Digital Push . Nike unveiled multiple changes to its top leadership Wednesday (July 22) as it seeks to accelerate its digital business as well as streamline customer experiences with a Consumer Direct Acceleration (CDA) roadmap. Salesforce Boosts Payments Capabilities For Users.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Clients should also be wary of social media scams. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters. billion was lost to fraud through social media between January 2021 and June 2023. According to the FTC , $2.7

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How To Improve Uninsured Deposit Performance

South State Correspondent

Apply further rising rates, social media amplification of rates or risk, general sensitivity to safety, greater competition, or a credit shock to the deposit holding institution. For example, while banks in the Southeast and Mid-Atlantic regions of the U.S. million of franchise value per $10 million of money market deposits.

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Web Financial Group Brings AI To Digital Wealth Platforms

PYMNTS

The joint solution works across all major types of unstructured data, including news, research, social media and a client’s own thought leadership and proprietary content, the companies said.

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Bankrupt Aeropostale Wants To Pay Its Execs Their Bonus — They Just Need A Judge To Approve

PYMNTS

“These voluntary resignations included members of the [retailer’s] leadership team and other employees that performed critical functions, including [its] director of tax, director of strategy and customer insights, senior director of social media, senior director of operations procurement, and various regional managers.”.

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Chipotle Hacked, Wells Re-org’ed And Canada Just Says No To The Blockchain

PYMNTS

It has done its best to circulate the information on its website and through social media channels. These leadership changes are responsive to our priorities of rebuilding trust with team members and customers … so that we can learn from the past,” Mack said in a May 24 memo. So what did we learn this week?

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The 2023 GonzoBanker Awards

Gonzobanker

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. billion bank in the Mid-Atlantic region.

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