When autocomplete results are available use up and down arrows to review and enter to select.
Fraud mechanisms and scam typologies are constantly evolving, according to the latest Independent Banker magazine, and community banks must build awareness, knowledge, and prevention skills to successfully thwart them.
Details: According to the new article, check fraud, payment card friendly fraud, romance baiting, and business email compromise are now the top fraud concerns. Keys to combatting fraud include knowing the various types of fraud, finding the right tools to mitigate fraud, and educating staff and customers.
More: The May edition of Independent Banker also includes articles on workplace culture, succession planning, operational efficiency, point-of-sale innovations, SBA loans, and more.
Access: The magazine is available on the Independent Banker website and via the digital edition. Community bankers also can subscribe to Independent Banker’s newsletter to receive the magazine via email.
Previous News
The OCC clarified permissible bank activities related to cryptoasset custody and execution services.
ImageMay 8, 2025
The Federal Open Market Committee voted to maintain target interest rates at a range of 4.25% to 4.5%.
ImageMay 8, 2025
The Consumer Financial Protection Bureau announced that it will not prioritize enforcement actions related to “buy now, pay later.”
ImageMay 7, 2025
Related News Taxonomy
