Greater Bank

Fraud Week spotlights the top fraud trends to watch in 2023

Retrieved on: 
Monday, November 14, 2022

CARY, N.C., Nov. 14, 2022 /PRNewswire/ -- The Association of Certified Fraud Examiners (ACFE) estimates that occupational fraud costs businesses more than $4.7 trillion worldwide each year. Companies large and small lose untold billions more to external bad actors annually – and so do ordinary people. No one is impervious to the wide array of consumer fraud threats, from account takeover to identity theft to phishing schemes and many more.

Key Points: 
  • #FraudWeek
    To further global anti-fraud resilience, SAS again teams with the ACFE for International Fraud Awareness Week, Nov. 13-19.
  • SAS will share relevant resources on its social media channels throughout the week and offer these engagement opportunities:
    ACFE webinar: 2023 Top Trends in AML and Fraud: Sanctions Screening, Crypto, Synthetic ID, Payments and More .
  • Exclusive to ACFE members, experts from SAS and Aite-Novarica Group explore the paramount fraud and anti-money laundering (AML) trends on the horizon.
  • Join the conversation online: Follow #FraudWeek on Twitter for real-world expertise from SAS on payments fraud, identity and digital fraud, AML, financial crimes analytics, claims fraud, unemployment fraud, health care fraud and cost containment, and other fraud topics.

Backbase Partners with Blue Federal Credit Union to Revolutionize Members’ Retail and Business Banking Experiences

Retrieved on: 
Tuesday, December 14, 2021

Engagement Banking technology provider Backbase announced today that it is partnering with Blue Federal Credit Union (Blue), a leading credit union headquartered in Wyoming and serving communities throughout the Western United States, to reinvent the digital experience for all of Blues retail and business banking members.

Key Points: 
  • Engagement Banking technology provider Backbase announced today that it is partnering with Blue Federal Credit Union (Blue), a leading credit union headquartered in Wyoming and serving communities throughout the Western United States, to reinvent the digital experience for all of Blues retail and business banking members.
  • The partnership will see Blue adopt Backbases Digital Banking, Digital Sales and Digital Assist solutions for both lines of business.
  • "Backbase is a game-changer for Blue," adds Kent Richard, Chief Information Officer at Blue Federal Credit Union.
  • Blue Federal Credit Union is a not-for-profit financial institution serving communities across Wyoming and Colorado as well as members worldwide.