“Pig butchering” scams — in which victims invest increasing sums in supposedly legitimate virtual currency enterprises before being conned out of their money — depend on cryptocurrencies to function. But the connections between crypto and this skyrocketing scam run much deeper than the fake investments that ensnare consumers.
A new form of investment scam has skyrocketed in recent years as criminal syndicates target consumers through online channels. Called “pig butchering,” this new scam is increasingly relevant, including among the consumers and communities that community banks serve.
Banks and their customers continue to be challenged by a rise in fraud and scams across payment types. Most significantly, check fraud has emerged over the past several years as a leading concern.
Did you know you can search for a course in the Search Courses tab rather than browsing through each of the course catalogs? Enter in a key term and all courses will appear with that key word in the title or description.
Don’t miss the new Enhancing Organizational Value Conference presented by ICBA Education and experts from Gerrish Smith Tuck, to gain insights into critical corporate governance topics like stock liquidity, capital raising, succession planning, and employee retention.
When margins are narrow, there is only ‘so much’ value you can squeeze out of your assets and liabilities. It is time to rethink balance sheet growth and strategies to achieve results.
A new year, and many things old are new again, including the Dodd-Frank Act (DFA); data privacy; Community Reinvestment Act (CRA); Unfair, Deceptive, or Abusive Acts or Practices Act (UDAAP); and beneficial ownership disclosure. There’s new activity, too, including calculating, disclosing and implementing fees on accounts.
As we have navigated the holiday season, and hopefully had some time to wrap up some gifts as well as a successful 2023, let’s now spend a few minutes looking into pockets of relative value in the bond market.
It’s an exciting time for ICBA Innovation, culminating in the long-awaited opening of ICBA’s Center for Innovation—an initiative more than a year in the making with the promise to help drive community bank innovation.
Community banks are locally based and relationship-focused institutions serving the unique needs of their customers. With a time-tested business model of sound lending and conservative risk management, they are a force for stability and prosperity in their communities.
Former ICBA chairman Brad Bolton and Lindsay LaNore, ICBA’s senior executive vice president, chief learning and experience officer, join Charles Potts to talk about their experiences at ICBA LIVE and some advice for new and returning attendees.
With the global average cost of a data breach reaching $4.45 million in 2023, a 15 percent increase over three years, safeguarding your financial information has never been more crucial.
We aim to offer you ample resources to make the ICBA Education Online Course Learning Management System as easy as possible to use. Following the re-branding from Community Banker University to ICBA Education we have updated those tools for your use.
To ease the regulatory and economic forces pressuring margins and embrace new payments opportunities, community banks should focus on six key trends this year to drive their payments plans and activities
Technology is ever advancing, and it’s critical for community bankers to stay ahead of it. According to Dharmesh Mistry of FinTech Futures, a media platform dedicated to global banking and the fintech industry, three of those trends are generative AI, faster payments and the cloud.
In today's rapidly evolving digital landscape, community banks face the challenge of staying relevant and connecting with their audience in meaningful ways. One effective strategy gaining momentum is collaborating with social media influencers.
LinkedIn, with its professional focus, offers a unique opportunity for community bankers to engage with their community on a personal and professional level. Here are a few tips to help you take advantage of this well-established social media channel.
Instagram, primarily known for its visual appeal, can be a powerful tool for community bankers to engage with existing customers, attract new clients, and showcase the human side of banking.
In the rapidly evolving landscape of digital marketing and customer engagement, community banks often find themselves facing unique challenges. Traditional marketing methods are no longer as effective as they once were, and customers increasingly expect personalized and real-time interactions.
