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Personal Finance In The Post COVID-19 World

BankBazaar

The world as we know it will no longer be the same in the aftermath of the COVID-19 crisis. What does it hold for our personal finance? A few years ago, if someone told us that a microbe is capable of bringing the world to its knees, we would’ve laughed it off. Let’s take a look. .

Policies 148
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5 Ways Your Transaction Monitoring System Can Detect COVID-19 Related Fraud

Abrigo

Key Takeaways COVID-19-related fraud are not new typologies; they just have a new spin. The COVID-19 impact is real, as is the associated isolation, anxiety, and sometimes grief. COVID-19-related fraud schemes are escalating at an alarming rate.

Fraud 195
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Post COVID-19: What Will Travel Look Like?

BankBazaar

Let’s look at some of the ways travel will change post COVID-19. . Airlines will resume operations from May 25, but with no vaccine in sight and the number of COVID-19 cases spiralling out of control, travel has come to a standstill for nations across the world. Personal Protective Equipment.

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5 Ways Your Transaction Monitoring System Can Detect Covid-19 Related Fraud

Abrigo

The COVID-19 impact is real, as is the associated isolation, anxiety, and sometimes grief. COVID-19-related fraud schemes are escalating at an alarming rate. Key Takeaways BSA officers need to stay aware of emerging fraud trends that are a result of the pandemic.

Fraud 195
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COVID Casts More Doubt On Future Of Bank Branches

PYMNTS

Physical banking was already on the decline before the COVID-19 pandemic put much of the physical economy into the deep freeze for a year and left customers scrambling to digitize their day-to-day lives as much as possible and as fast as possible. So Many Closures .

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WSFS Bank: Plain Vanilla Digital Banking Won’t Cut It Any More

PYMNTS

These banks must also make sure they are providing the tools that primarily digital customers need to complete their personal banking needs. This transformation to digital has been ongoing, but it may have been accelerated in the wake of the COVID-19 pandemic, as stay-at-home orders have been preventing consumers from leaving their homes.

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What To Do With Your Travel Fund If COVID-19 Has Derailed Your Trip

BankBazaar

In case you had to cancel your trip in the wake of the COVID-19 epidemic, here are ways you can judiciously use your travel fund. The WHO has now declared COVID-19 a global health emergency and is sharing daily updates on how we can tackle this rapidly-spreading disease better.