AARP’s Jilenne Gunther has advice for banks on elder fraud
Release Date: 11/19/2024
American Banker Podcast
, CEO of Maspeth Savings Bank worries about the growing crisis of low savings among millennials and Gen Z. He believes banks like his can help reverse this trend with financial literacy and innovative savings tools.
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The bank, which is , had to quickly switch to remote work for many employees and come up with relief programs for customers whose homes and businesses were destroyed by fire.
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, head of Citi Ventures, shares where he and his team see opportunities and how they vet tech startups.
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A lack of resources is one common cause of AML penalties, says consultant .
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Some banks are “punching above their weight,” according to chief research officer at The Financial Revolutionist. Here’s how they do it.
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, founder of The Noble, an organization that works with law enforcement and with banks to fight human crime trafficking, explains some of his group’s recent work and why banks need someone dedicated to human crime.
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Elder financial exploitation has been a problem for banks for years, and it’s getting worse. offers practical suggestions for what banks should do when they suspect an older customer is a victim.
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financial institution has an ambitious goal of making $500 million worth of mortgages in rural, minority and low-income neighborhoods.
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The technology will take on routine, dull work, says , principal analyst at Celent.
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Financial institutions have dramatically increased their investment and trust in large language models since 2023. , Capgemini’s deputy CEO of Financial Services and head of banking and capital markets, shares the results of a recent report that analyzed these changes.
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