Bankers' Hotline, Volume 31, Number 10

Banking on Faster Payments

by Teri Wesley

There have been rapid advancements in the faster payments trend and SMBs are banking on (and with) financial providers who offer faster payments.

In The News

• Controversy Surrounds New OCC Chief
• OCC's Bank Supervision Operating Plan for 2022
• Industry Trade Groups Blast Postal Banking Program

Statistics, Facts, & Such

Tech Update
Physical Security Risk Analysis Software by Hawksight

Spotlight on What's Happening

Haven't registered yet for the Bankers’ Hotline 27th Annual
Bank Security Conference?
October 26-27, 2021 (Virtual)
There's still time! Look inside this issue for a SPECIAL OFFER for Bankers' Hotline Subscribers Only!
www.bolconferences.com/bsc

Training Page
Virtual Kidnapping Schemes – A New Twist on an Old Crime

by Jim Beveridge

Technology has enabled criminals to expand their capabilities. Many "traditional" crimes are now being committed virtually – including kidnapping.

CFPB Probes Big Tech on Financial Data Use

Consumer watchdog agency, the CFPB, wants to know on what consumer financial data big tech firms are collecting and how they are using it.

The Top AML Compliance Concern

Human trafficking has become one of the top AML concerns for compliance specialists in the financial industry.

Focus on Fraud

• FinCEN Reports Surge in Ransomware
• FTC: Spotlight on Elder Financial Abuse
• Using AI to Fight Financial Crime

From the editor's desk
Stopping the Violence

by Jim Beveridge

Part of the bank security officer's role is managing staff members who may be victims of domestic violence or bullying. There are steps you can take to promote safety and well-being in the workplace.

War Stories

• The Perils of Texting
• Time for a Career Change

Regulatory Roundup

Questions & Answers

• Responding to Angry Customers

Other Bankers

• Giving for the Greater Good
• Dollars for Doers
• Community Support from Community Bank
• Giving $20K for 20 Years of Support