Insights from Catalyst
Welcome to Catalyst's blog, where thought leaders share their insights on news, trends and events. Have a blog idea? Contact the Communications Team.
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July 11, 2022 | Glenn Wheeler
Human exploitation, lost/stolen credentials or scams that compel consumers to divulge or expose personal information keep payments fraud on the rise. Fraud via lost and/or stolen credentials alone increased nearly 80% over 2020, according to a 2022 Identity Fraud Study from Javelin Strategy & Research. With the addition of scam-related fraud, losses totaled $52 billion and affected 42 million U.S. adults.
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June 24, 2022 | Casey Peterson
The Federal Open Market Committee (FOMC) raised the Fed Funds rate by 75 basis points on June 15 in an aggressive move to tamp down inflation that has weaved its way into the economy. The FOMC also signaled they may increase the overnight target rate to a range of 3.00-3.50% by the end of the year.
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June 06, 2022 | Paul Shorkey, CFA, FRM
Whether it’s at the gas pump or in the supermarket, consumers are already feeling pressed by higher prices on daily necessities. What will this mean for your deposit offering rates over the same period? Given the upcoming credit and interest rate challenges, selective credit lending and a well-balanced investment ladder could help stabilize the anticipated uncertainty.
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May 24, 2022 | Jeff Hamilton, CFA
Jeff Hamilton, Catalyst Corporate Vice President of Member Credit, spoke at the recent CUNA Finance Council Conference at Caesars Palace in Las Vegas, Nevada. His session, on Monday, May 23, focused on loan participations as a winning strategy for credit unions.
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May 16, 2022 | Tuesday DerMargosian
I attended the Young Professionals Conference at the Hyatt Regency in Frisco, Texas, May 9-11. The YP Conference, hosted by Cornerstone Credit Union League (CCUL), was my first conference to attend, so I didn’t know what to expect. I was optimistic that I was going to bring many insights back to the Marketing team at Catalyst Corporate, while also learning leadership techniques I can implement in my everyday life.
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