Senate Bill 451: Understanding the Differences Between Credit Unions and Banks
The Wisconsin State Senate is currently considering a bill to help modernize some language that no longer applies in today’s financial landscape, and therefore causes some administrative hassles for credit unions, specifically. To be clear, we are in support of the majority of the bill. However, there are four provisions that blur the lines between credit unions and banks that we believe should be removed.
Nationwide, businesses and individuals have seen an uptick in fraudulent theft attempts this year, and we want to help your business be vigilant and avoid losses. Even though you may be busy facing the challenges of supply disruption and inflationary pressures this year, don’t miss an opportunity for a quick system check of your security procedures to make sure you catch any vulnerabilities before someone else finds them.
As a business owner, the security of your operation is likely never far from your mind. Trouble is, when it comes to safeguarding your business against fraudsters, scammers, and other external threats, it can be difficult to know where to start. To that end, we’re sharing a blog published by the Federal Trade Commission that provides some foundational support for any business owner looking to stay safe and keep their enterprise running smoothly.
Thanks to advancements in payment-processing technology, the practice of physically writing checks is on the wane. Despite this, check fraud continues unabated. Positive Pay is a business's best defense.
Some of the most popular and effective scams being run today center around the practice of phishing, whereby fraudsters trick victims into divulging sensitive personal information that can then be used to exploit their identity and bank account. A while back, the Federal Trade Commission put together an article on the subject that contains information as relevant today as ever. We're sharing it here in its entirety.
On the heels of last week’s Identity Theft Awareness Week, we thought it timely and appropriate to share the following article, which contains good information on how you can tell whether your identity may have been jeopardized, and what you can do to keep it safe.
Lots of times, the security and fraud-related articles we share are scam-focused – that is, they involve fraudsters tricking victims into voluntarily, and unwittingly, sharing their sensitive personal information. Sometimes, though, there's an even more devious way that schemers get what they're looking for, and its targets are frequently none the wiser until it's too late. The following article contains good advice for how to make sure the wolves never make it through the door.
With all of the welcome distractions that this time of year provides, scammers typically up their game and try to take advantage people who may take their eye off the ball, so to speak, when it comes to safeguarding their finances. The following article lays out a new scam that’s increasingly being run, and how to stop it in its tracks.
Cryptocurrency is, in a lot of ways, the new Wild West of finance. The following PSA details one of the newer scams out there, and how to avoid it.
We’ve written about gift-card scams in this space before, but there’s a new one going around that’s taken a novel approach to the time-tested strategy. The following article discusses what that approach looks like in more depth, and can help you make sure that your money stays where it belongs: in your pocket.
A quick update on reported identity theft, and a reminder of the importance of updating your employer identification number (EIN).
Phishing is one of the most common, and effective, scamming methods in use today. We see it every day. The following article provides tips on how to identify an increasingly prevalent phishing scam that's being used to defraud people around the country, and what you can do to ensure you don't fall victim yourself.
Summer is in full swing, and, unfortunately, scammers are working overtime to bilk less scrupulous travelers out of their money during before and during vacations. This article is full of useful advice and links for anyone who's planning some time away this season.
Many people are using cryptocurrency as a strategy to diversify their investment portfolios. But investor, beware: Scams abound. Here's how to stay safe.
Scammers are preying on our dependence on tech, offering phony support services. Here’s what you should know about tech support scams.
Our fraud mitigation techniques can also improve your business's efficiency and reduce costs. It’s a win-win-win!
This is a timely read that can help you protect your operation from schemers seeking to exploit those who've received business relief from the government.
With the immunization roll-out in full swing, many are eager to get their vaccine shot. That eagerness can leave people vulnerable to fraudsters.
Scammers typically target the most vulnerable, and often most trusting, members of society. In this case: the emotionally vulnerable.
The holidays are a time for celebration. Unfortunately, for scammers, they're also the ideal time to prey upon unsuspecting consumers.
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