Financial Exploitation Prevention with Albert Bulson & Evan Richards

The number of financial exploitation crimes has progressively grown over the past couple of years; whether it’s due to COVID-19 or the growing number of new online banking practices, this form of exploitation steals hard-earned cash from banking customers across all ages and demographics. Because of this, bank owners and managers are looking to take additional measures to protect their customers and businesses. But what is enough?

That’s what MBA Today will be asking Albert Bulson, M&T’s Consumer Operations and Risk Manager, and financial exploitation prevention expert, during this week’s episode. Bulson has appeared in a number of articles focused on this very issue and has outlined essential strategies for banks to use when combating exploitation.

Evan Richards, MBA’s Government Affairs Manager, will also make a guest appearance to:

• Highlight the importance of developing relationships with exploitation investigators.
• Discuss the increasing involvement of P2P payment apps in these scams.
• And to share the resources MBA provides to members in educating and preventing financial exploitation.