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What is payment fraud? What faster payment systems mean for fraud prevention

Abrigo

Customer or client awareness campaigns: Providing fraud education through special seminars, newsletters, and digital campaigns can reinforce best practices for spotting scams and reporting suspicious activity to fight payment fraud. Payments will only become faster and more digital in the future, and payment fraud is likely to follow suit.

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Improve loan decisioning: 5 ways to serve small businesses better

Abrigo

Small business owners dont need shared national credit structures; they need simple, flexible loan options. A void overcomplication Many financial institutions treat small business lending like large corporate loans, adding unnecessary complexity. Theyre winning not because they offer better products, but because they move faster.

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Fraud typologies all financial institutions should know

Abrigo

Customer education outreach Financial institutions should help educate community members through website alerts and community outreach events such as fraud seminars, especially for older members of the community. These could be held in a local branch lobby, community center, or place of worship.

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What is a payment system?

Abrigo

checks, debit/credit cards, wire transfers, digital wallets) Clearing and settlement mechanisms for processing transactions accurately and securely Payment systems are critical to the nations financial infrastructure and are vital to the financial stability of the U.S. Payment systems have three key components: Participants (e.g.,

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

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Easy Ways BSA Officers Can Get Their Required Training

Abrigo

These are usually less expensive, shorter, and involve less extensive travel than the larger national conferences. For example, Abrigo is hosting regional seminars in six cities across the U.S. Attorney’s Office Northern District of Alabama & the Alabama Chapter of ACAMS is hosting a seminar on Suspicious Activity Reports on Sept.

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Companies Have Too Much Debt, Says China’s Central Bank

PYMNTS

China’s central bank is raising concerns that corporates in the nation have taken on too much debt, according to news from Bloomberg on Monday (Oct. The main problem is that corporate debt is too high,” Zhou reportedly said during a panel held Sunday in Washington for a Group of 30 seminar. “The

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