Quavo Fraud & Disputes’ Post

Did you know that November is Fraud Awareness Month? We to help you be aware of the red flags that you should be familiar with to protect your financial well-being! A fraudulent scheme could be: 🚩 When you feel a sense of urgency to act immediately 🚩 A package notification for something you didn’t order 🚩 When someone asks you to buy gift cards or transfer over the phone, online, or to a strange location 🚩 If you hover over a link that directs you to a long hyperlink or different website Remember to stop, slow down, and think before you act! https://hubs.li/Q02Xc6B50 #fraud #fraudawareness #fraudprevention #money #financialfreedom

Agency Search Consultants: should they advise clients on what they need or simply fulfill what they ask for? Or is it a little of both? When looking for a consultant I advise clients to seek a partner that is sophisticated enough to be able to help you with what you need which is truly related to your ultimate business goals and the agency work product that will get you there—and less about the process and the direct client service requests with the assumption that it will be taken care of with a good partner. This also brings up the challenge that many of the consultant relationships are initiated and managed through lower level marketers and procurement. A lazy consultant will stick to process and services and not get close to work product which is often not assessed properly in a spec pitch presentation—how well do you understand the agency’s past work and its application has to go beyond ‘they have done this before’. The good ones understand the nature of the agency and what is a likely end product by having an intimate understanding of the firm and by using the right tools to assess, and present it to the client. Then a more successful match can occur which focuses on what you need and less on simply what you are asking for. With this in mind, consultant and agency will be focused on a work product that achieves your business goals. Advice: ask the agencies which consultant they like. That view is critical if you want them to put in the efforts required to truly evaluate them properly. Lisa/AAR does a great job. #creativitymatters

Your kids are most likely getting their identity stolen right now. Children are 50x more likely to fall victim to identity fraud than adults. This alarming statistic drove our passion and purpose throughout this project to protect the next generation and empower them with the tools they need to build strong futures. The coordinated launch of FreeKick introduced a financial product dedicated to helping young adults start their credit journey off on the right foot. #fintech #consumerprotection #identitytheft #consensus2024

[Explore our use cases now]   🌐 Discover our unwavering commitment to combating payment fraud. 💳   Our new website showcases concrete use case in the fight against payment fraud. If you're concerned, check it out here: https://lnkd.in/ef2tnrFe   Don't miss out! Request a demo today and delve into our various use cases. 🚀💻   Feel secure—request your personalized demo to witness how we can fortify the security of your transactions. 🛡️🔒   #SecureBanking #PaymentProtection #RetailBankingSafety #FraudPrevention #SecureTransactions 

Money20/20 is just around the corner, and Presten Swenson's preview gives fraud and identity professionals all they need to know ahead of the conference. Read more in our blog: https://hubs.li/Q02T_c7w0

The holiday season is here, and fraudsters are plotting to steal more than just cheer! Don't let them steal your customers' trust. 🛡️ At Quavo, we ensure a seamless dispute resolution process, helping you quickly and easily resolve fraud claims for your accountholders. Let us handle the complexities so your team can focus on delivering exceptional service and keeping the season stress-free! 🌟BONUS: Want a fun resource to share with your customers to help them identify potential fraud this Black 𝘍𝘳𝘢𝘶𝘥ay? Check out banksneveraskthat.com from American Bankers Association #FraudandDisputes #DisputeManagement #AutomatedDisputeManagement #FraudManagement #FinTech #BlackFriday

I've got a credit union board of directors presentation coming up, and, in doing some reading about the CU, came across this statement in the "About Us" section of its website: "Legend has it the credit union’s money was first kept in a cigar box." My first reaction: "Yeah, you and every other credit union out there." So I Googled "credit union money kept in a cigar box" and, sure enough, there were links to six credit unions who tell the same story. And that was only the first page of the search results. I didn't go to the second page because, well....nobody goes to the 2nd page of search results. Personally, I think credit unions (and banks, for that matter) should tell their members (and customers): "And we STILL keep your money in a cigar box because cyber criminals can't get to it. We know how to keep out the physical robbers. It's the cyber crooks we have no idea how to stop."

Beware of the spooky tricks this Halloween! 🎃 Just as costumes can hide someone's true identity, fraudulent documents can mask hidden risks. Document fraud is getting clever, but with the right tools and vigilance, we can uncover the "ghosts" lurking within 👻 This Halloween, let’s remember the importance of staying vigilant against financial “tricks” that may haunt businesses and clients alike. Let’s keep our due diligence sharp—no treats for fraudsters here! 🔍 #Halloween #DocumentFraud #FraudDetection #BankStatements #Fintech

With bank branches and brick and mortar businesses closing at a rapid pace, and the use of deepfakes and other online fraud attacks on the increase, has your business lost that personal touch, and a grip on who your customers are in the process? 🤔 Check out how VideoIdent Flex can help organizations tackle fraud and provide a premium, personalized verification experience at the same time. More information can be found here 👉 https://lnkd.in/erYvnD8A

Learn from industry experts and stay ahead of the curve. Check out the details below!