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Apparently fans of a certain TV show, the FTC launched Operation Game of Loans in October 2017, an initiative targeting student loan debt relief scams. The latest two companies to be caught in its snare were accused of charging consumers illegal upfront fees and falsely promising to help reduce or forgive student loan debt. [6/1/18]
Losses to senior citizens from financial abuse are estimated to be $3 billion last year alone. Banks and credit unions are on the front lines when it comes to detecting and reporting suspected instances of abuse. At the same time, they have an obligation to protect the privacy of their customers and respect their wishes to conduct lawful transactions. Amy Wargo of CU Solutions Group presents how financial institutions can navigate this delicate balance through effective employee training. Click here to watch now.
What makes the patented AffirmX Risk Intel Platform different than anything else out there? Take the next 3 minutes to see what this revolutionary tool can do for your financial institution. Watch Video