Sun.Sep 20, 2020

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Why Burnout Should be a Topic at Your Next Board Meeting, and What to Do About It

Tomasz Tunguz

The Economist ran a story about the future of work this week. Working remotely, we have reduced meeting length by about 15% and increased our total time at work by 2 hours per day. We might declare we have found an extra 10 hours in the workweek from nothing. This productivity boost might seem universally positive, but there’s a catch. One of the critical topics in many boardrooms today is managing employee burnout.

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Banking during a pandemic means making accommodations

Innovation 2 Enterprise

By Scott Meacham. We can get the national perspective of the pandemic’s current and after-effect on the banking and finance industries from the Wall Street Journal, but to get an Oklahoma banker’s perspective on the industry post-pandemic, I reached out to Darryl Schmidt, CEO of BancFirst. BancFirst is the largest state-chartered bank in Oklahoma with more than 100 service locations in 60 Oklahoma communities.

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[BioCatch in Business Wire] Experian and BioCatch Provide a Global Financial Services Provider With a 73% Lift in Fraud Detection

OurCrowd

Amidst the pandemic, consumers have progressively shifted more and more of their activities online. Concurrently, there has been a surge in fraudulent attempts – industry data suggests that, since the beginning of the COVID-19 pandemic, there has been a 33 percent increase in account opening (AO) fraud 1. Furthermore, 57% of businesses have reported higher losses from account opening and account takeover fraud in the past year, per 2020 Experian Global Identity and Fraud Report.

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