How to gain more from operational risk management practices.
Modern risk management technology solutions improve efficiency and provide greater visibility into risks. Today’s tools provide real-time visibility, action plans, enhanced reporting and business intelligence, and proactive notifications for operational risk. Real-time data empowers banks and financial services organizations to proactively manage risks and instantly detect and mitigate emerging issues. Click here to learn more.
Stimulus payments on prepaid debit cards
The Bureau has posted a link to a video informing consumers that they may receive their Economic Impact Payment (EIP) on a prepaid debit card starting this week. The payments, to provide relief from the economic results of the COVID-19 pandemic, are made possible by the CARES Act.
Approximately 4 million EIP debit cards are expected to be received in the mail this week. The cards can be used at Plus, Interlink and Star ATMs and anywhere Visa debit cards are accepted.