Monthly Coffee Break: Roundup of Industry News

This is a roundup of industry news and links for the month of March that have informed, entertained, and inspired us.

Here’s our monthly roundup of industry news:

The CFPB continues to help consumers make informed financial decisions with up-to-date information and resources – Despite the nationwide disruptions being caused by the coronavirus, or COVID-19, we continue our daily work to help consumers. One way we do that is by providing you with up-to-date information and resources to protect and manage your finances during this difficult time. Another is by continuing to take complaints about consumer financial products and services.

Tips to manage the threat of COVID-19 related phishing attacks – Criminals are leveraging fear over the COVID-19 (Coronavirus) to scam your financial institutions and consumers. By disguising themselves as a group or organization seeking financial support to help individuals or communities in need at this time. More and more of these phishing attacks are being reported, and it is important your staff and consumers know what to look for and what to do to protect themselves from giving out private information to these criminals.

Fintechs getting a boost from coronavirus outbreak – The coronavirus pandemic could be devastating for many companies, but it’s also shining a spotlight on the power of fintechs. They seem to be responding to the sudden challenge, though uncertainties lie ahead.

Could the Coronavirus Be a Catalyst for Fintech? – Could the coronavirus outbreak potentially act as a boon for fintech companies who can act efficiently and thoughtfully?