{"id":190,"date":"2023-05-06T21:05:39","date_gmt":"2023-05-06T21:05:39","guid":{"rendered":"https:\/\/rembrandt.virtuabrands.com\/?p=190"},"modified":"2023-09-25T20:46:46","modified_gmt":"2023-09-25T20:46:46","slug":"the-dark-and-dangerous-secret-the-banking-and-credit-card-industries-have-kept-hidden-from-consumers-is-now-all-over-cnbc","status":"publish","type":"post","link":"https:\/\/rembrandtai.com\/news\/the-dark-and-dangerous-secret-the-banking-and-credit-card-industries-have-kept-hidden-from-consumers-is-now-all-over-cnbc\/","title":{"rendered":"The Dark and Dangerous Secret the Banking and Credit Card Industries Have Kept Hidden From Consumers\u2026 Is Now All Over CNBC"},"content":{"rendered":"
Financial institutions may be in big trouble. For years now, the industry has been trying to keep a dangerous secret away from the public. It\u2019s a secret that could cause a major shakeup in the banking, credit card and credit union industries.<\/p>\n
But now, CNBC, the largest financial tv and web network on earth, has just exposed the terrifying facts. And once consumers realize the potential ramifications (which have already begun), account holders at certain institutions may begin to flee for more secure ground.<\/p>\n
However, while some banks and credit unions may fall victim to massive depositor outflows, others who are properly positioned, right now, may stand to see depositor inflows and a growth in capitalization.<\/p>\n
It all depends on how the facts are handled, and if the proper precautions are immediately put in place.<\/p>\n
Receive a Full Demonstration on How RembrandtAi Can Help Avert Depositor Outflows and Better Protect Against Fraud, HERE<\/strong><\/a><\/p>\n Before we discuss the CNBC expos\u00e9, how the public may handle it, and how certain financial institutions may actually benefit from it, a little background information is needed.<\/p>\n In 2017, Equifax announced a data breach that affected 147 million people.<\/p>\n Last November, TransUnion announced a data breach that may have affected 200 million people.<\/p>\n And in January, Experian announced it had a major hole in its security system that allowed criminals to access an unknown number of consumer credit reports.<\/p>\n Combined, these three major credit bureau hacks may have allowed for the personally identifiable information (PII) of potentially every adult American consumer to be exploited by criminals.<\/p>\n As a result, billions of dollars have already been lost to fraud, and billions more are expected, as the problem is only growing worse.<\/p>\n Now, thanks to a major story by CNBC, the American consumer has finally become aware of the full gravity of the situation\u2026<\/p>\n And because of this, banks and credit unions should be on high alert.<\/p>\n And now they have questions. Questions your institution better be prepared to answer.<\/p>\n Questions like:<\/p>\n Should I be worried?<\/p>\n Are you still using an ineffective, outdated fraud prevention system?<\/p>\n Or are you using RembrandtAi, the world\u2019s most advanced, real-time, artificial intelligence-backed fraud detection and prevention system?<\/p>\n The system that\u2019s already proven to prevent hundreds of millions in fraud losses?<\/p>\n Is my money safe with you?<\/p>\n If it\u2019s not, can you tell me which institutions have deployed RembrandtAi?<\/p>\n \u2026 And how do I move my deposits to them?<\/p>\n
\nReads the headline of the CNBC expos\u00e9. CNBC had over 169.5 million visitors to its website in March, the same month it published the story. That\u2019s a massive number of eyeballs exposed to a massive problem, and nearly all of these visitors likely hold assets at a bank, credit union, or both.<\/p>\n