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To afford their holiday purchases, 72% of shoppers will make financial trade-offs while only 31% intend to use a credit card
Consumer protection law enforcers will now require banks to show evidence of opt-in agreements
Fixed-rate mortgages moved even lower this week
The federal judge rejected the challenge, which was backed by the American Bankers Association
Study reveals 58% of consumers use cashback cards
Shifting risk composition caused greater risk credit cards to be issued
Gen Z faces financial dependence with 52% not earning enough for their desired lifestyle
Consumers are also cutting back on essential and nonessential spending to cover costs
Growth attributed to increased demand for convenient and flexible payment methods
Figures included 35% who believe they will never achieve financial security
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WEBINAR

Mitigating loss: Understanding the fraud triangle

Time/Date: Wednesday, December 11th, 2024, 2:00 ET

Fraud continues to be top of mind for bank executives, with hard dollar losses growing at an all-time high.

In this session, we will discuss the fraud triangle and gain valuable insights into the psychology behind fraud, and the tangible and intangible losses incurred due to fraud schemes.

You will come away with a comprehensive understanding of how the fraud triangle applies to your customers, various types of fraud affecting community banks, and actionable steps to mitigate their impact.

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