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Tech Tuesday: Phishing Emails By Hackers Cost Americans Over $675 Million Dollars & It's Only Getting Worse

Tech Tuesday: Phishing Emails By Hackers Cost Americans Over $675 Million Dollars & It's Only Getting Worse By: Kip Kirchberg, Cyber Security Specialist In 2018 over a billion dollars were lost to email phishing campaigns worldwide.The FBI estimates that criminals made off with over $675 million from phishing campaigns that… ....

United States , Only Getting , Kip Kirchberg , Cyber Security , Direct Deposit , Payroll Direct Deposit ,

Tech Tuesday: Phishing Emails By Hackers Cost Americans Over $675 Million Dollars & It's Only Getting Worse

Tech Tuesday: Phishing Emails By Hackers Cost Americans Over $675 Million Dollars & It's Only Getting Worse By: Kip Kirchberg, Cyber Security Specialist In 2018 over a billion dollars were lost to email phishing campaigns worldwide.The FBI estimates that criminals made off with over $675 million from phishing campaigns that… ....

United States , Only Getting , Kip Kirchberg , Cyber Security , Direct Deposit , Payroll Direct Deposit ,

Realizing the value of real-time payments for credit unions


Realizing the value of real-time payments for credit unions
2021 projected to be a watershed year for faster payments
January 28, 2021
by Kristen Jason, Alacriti
1SHARES
Real-time payments (RTP) have been discussed for decades, but they only achieved true momentum within the last few years. Industry changes, combined with the effects of the pandemic, have accelerated the trajectory for mass-market adoption of real-time payments. The U.S. payments industry is rapidly moving to a true digital payments era with a vast increase in new payment technology coming online. In 2017, The Clearing House (TCH) launched the RTP® Network, which was the first central clearing and payment system to come online in over 40 years. Also, FedNow is introducing its own RTP facility in 2024, and changes to the Fedwire system have provided longer windows with same-day ACH. At the same time, the COVID-19 pandemic has placed immense strain on cash flow, supply chain operations, ....

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