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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. Regularly reviewing and improving policies and procedures is essential to stay one step ahead of emerging threats. Educate customers and members: Provide educational opportunities for your community so they know when to say “no” to investment scams.

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Retail Group Fights Back Against Anti-Maskers

PYMNTS

Social media has been full of news of anti-maskers wrecking displays – and weeks ago, even attacking a store clerk because of regulations requiring them to mask up inside stores. There’s “Costco Karen” who had a tantrum because she was asked to do the same.

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Retail Branding Comes Off The Back Burner

PYMNTS

Part of that communication and brand strategy must include social media, which too many retailers have de-emphasized. For example, Ray Carbonell, CEO of Qnary , a provider of executive reputation services, said for retail c-level leaders must focus on clear communication — internally and externally.

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Bitcoin Daily: North Korean Hackers Target South Korean Crypto Exchange; Coinbase Pres Leaving Co

PYMNTS

In other news, Coinbase has announced that president and chief operating officer Asiff Hirji is leaving the company. There are also reports that Tina Bhatnagar, Coinbase’s current vice president of operations and technology, is leaving.

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

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Credit Unions Shun Online Ads For Content To Acquire Customers

PYMNTS

In August, Facebook instituted changes to its advertising policies as the result of a settlement it reached with anti-discrimination groups and the federal Department of Housing and Urban Development (HUD). In fact, locality and community are among their main selling features for consumers. When Rules For The Few Hit The Many.

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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. Best practices Addressing AI fraud in your policies AI fraud can be particularly tricky because it impacts how financial institutions verify customers’ identities.

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