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Fraud typologies all financial institutions should know

Abrigo

Connect with an expert Common fraud schemes Check fraud Check fraud is one of the most concerning fraud trends for community banks in 2025. Investment schemes : Investment scams lure victims with promises of high returns and little to no risk, only to steal their money. These scams often take place on dating apps and social media.

Fraud 221
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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

Based on the bank’s own filing, and like many banks, SVB did not deploy hedging instruments to manage its securities duration risk. The SVB Takeaway For Community Banks Community banks should continue to monitor their deposit base, liability sensitivities, and duration risks.

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What is elder financial exploitation? FinCEN guidance for financial institutions

Abrigo

The statement provided examples of risk management and other practices that may be effective in combatting this often-underreported crime. Romance scams: These scams involve fraudsters building online relationships with elderly victims, often through social media or dating apps.

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15 Twitter accounts every bank executive should follow

Abrigo

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 14) @News_CUInsight – CUInsight is an independent source of news on the credit union community.

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10 Top banking podcasts you should be listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Other podcasts might be internationally based and of little interest to community financial institutions or credit unions based in the U.S.

Fraud 221
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It Started with a Tweet #SocialMedia #Banks @ICBA

Independent Banker

A status update on banks and social media. According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. .* By Russ Horn, CoNetrix. Following the tweets.

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Fair Value Accounting and Silicon Valley Bank Failure

South State Correspondent

Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run. The root cause of Silicon Valley Bank’s (SVB) failure is poor risk management – plain and simple.