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Poor Credit? You Can Still Get a Loan

The notion that a poor credit standing makes you ineligible for a loan is wrong. Anyone with bad credit does not have to stay that way. That person still has the chance to recoup his losses by getting a loan. What this basically means is that a person with poor credit does not have to […]

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Data Mining Helps Manage Bank Fraud

Nowadays, there is stiff competition among banks. This is why banks want to outdo each other by offering services that can appeal to clients. Now, banking institutions that still utilize old-fashioned marketing strategies and banking techniques will surely be left behind by the competition. In short, in order to compete with other banks, a bank […]

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Why Join a Credit Union?

What is a credit union? A credit union is a cooperative financial institution. It is a non-profit organization that is owned and controlled by the members. A good number of the people who belong to a credit union share a commonality  such as working in the same company or attending the same church or place […]

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Your Guide to Fraud Solutions: Down with The White Collars

White collar criminals are often viewed as sleek-talking, Ocean’s Eleven archetypes, or classier (maybe even handsomer) versions of the common street thief—a level of romanticism that Hollywood has afforded white collar crime. In fact, that’s pretty much what a white collar criminal is: a common thief in a fancy suit. If you’ve seen enough of […]

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Banks Use Software to Detect Financial Crimes

The techniques used for detecting financial crimes now luckily include software that can spot fraudulent activities. The software can be used to integrate anti-laundering activities into the traditional methods utilized by banks for security reasons. As of present, financial crimes are rising. Federal banks and local lending institutions have to ward off waves of money […]

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Detecting Bank Fraud to Keep Clients’ Investments Safe

The task of detecting bank fraud is difficult. It requires you to be constantly alert for fishing activity that fraudsters will try to do while you are not particularly paying any attention. However, with good fraud alert systems, you won’t have a really difficult task of detecting fraud. Even though fraud alert does not include […]

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Spotting Bank Fraud to Safeguard your Clients Investments

Spotting bank fraud is a difficult task that requires you to be on guard for fishy activity that fraud criminals will attempt to perform while you are not paying attention. But with quality fraud alert systems, the job gets much easier to detect. Although bank fraud does not usually include violence, it is still very […]

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