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Fraudulent Unemployment Claims are Spiking: Is Someone Masquerading as You this Holiday Season?

It starts with an alert from your credit card company about a newly opened account. Then, perhaps you receive a distressing notice from your bank or other financial institution. Shortly after, your phone sends you a text notification about an unemployment claim you didn’t make. You might also be receiving a barrage of instant messages from existing connections on social media telling you they’ve received a new connection request from you. The next thing you know, reality has set in that you’ve been a victim of identity theft.

Podcast: The role of custodians in the age of alternatives and digital assets

Recently UMB’s Amy Small, Senior Vice President and Executive Director of Institutional Custody, joined Real Assets Adviser for a conversation about the role of the custodian for alternative assets. Topics included cryptocurrency and other product development trends in the alts space—and what those trends mean for managers as they seek to ensure safe handling of client assets.

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