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SHAZAM Blog

  • Debunking FedNow Service Misconceptions

    posted by Dan Kramer on Thursday, November 30, 2023

    Dan Kramer, Executive Vice President, Government and Community Affairs, shares some misconceptions about FedNow® Service.

  • Be a Fraud Fighter for your Financial Institution

    posted by Ryan Dutton on Wednesday, November 15, 2023

    As we wrap up International Fraud Awareness Week, fraud continues to be a major pain point for financial institutions. Here's what our SHAZAM fraud specialists are noticing and what financial institutions can do to protect their cardholders.

  • Beware of Social Media Phishing and Impersonation Scams

    posted on Wednesday, October 18, 2023

    October is Cyber Security Awareness Month, and it's a good reminder to brush up on the basics and learn about new threats. Recently, there have been reports of fraudsters using social media messaging platforms to carry out phishing and impersonation scams.

  • Six Ways to Gauge Your Core's Performance

    posted on Monday, October 9, 2023

    Your core is a major investment for your financial institution. A strong core helps your financial institution compete. If your core no longer keeps up with your bank's needs, here are six things to consider to help you run with the big dogs.

  • How Financial Institutions Can Focus on Financial Literacy This School Year

    posted on Thursday, September 7, 2023

    School is back in session. As students are learning the basics of reading, writing and math, another important subject may be overlooked — financial literacy. Good news is it's never too late for banks or credit unions to start teaching current, and potentially future accountholders, the fundamentals.

  • Ten Tips to Protect Against Peer-to-Peer Payments Fraud

    posted on Thursday, August 24, 2023

    In an increasingly digital world, peer-to-peer (P2P) payment methods simplified how many individuals handle financial transactions. P2P apps made it convenient to pay friends and family, split bills and conduct business transactions with the click of a button. However, with the convenience comes the risk of becoming a victim of fraud.

  • How to Create a Strong Password

    posted on Wednesday, August 9, 2023

    Passwords protect our sensitive data. However, not all passwords are created equal. The right combination of password length and complexity can keep your password out of the wrong hands.

  • Identifying and Avoiding Card Skimmers

    posted on Wednesday, July 26, 2023

    By now, most of us have heard of card skimming, a big business for thieves. According to the FBI, card skimming costs consumers and financial institutions more than $1 billion each year.

  • Maturing Your Cybersecurity Program

    posted by James Boyd on Thursday, June 8, 2023

    As cybersecurity risks continue to increase, your financial institution's cybersecurity program should continue to mature to keep the bad guys out.

  • Hang Up on Vishing Attempts

    posted on Thursday, May 25, 2023

    As our lives become increasingly digital, we're exposed to more and more cybersecurity threats. Two common methods cybercriminals use to gain access to victims' personal information are vishing and spoofing.