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The Agile Workspace: The Undervalued Success Factor
TL;DR: Agile Workspace Means Choice Among a Diversity of Spaces If you want your organization to become agile, adding more whiteboards to the workspace will not suffice. You have to abandon the idea that the workspace is an assembly line for white-collar workers. You need to let go Taylorism. We are now in the age of t
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What I wish I knew about money when I was younger
To celebrate Financial Literacy Month, Old National Wealth Management team members share what they wish they knew about money when they were younger.
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5 Ways to Cut Costs in Your Business
Trimming costs can be as important to your business as boosting revenue. Here are 5 tips to help improve your bottom line
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Aligning security and business strategies
By Sean Duca, vice president and regional chief security officer for Asia Pacific and Japan at Palo Alto Networks Some economists predict that we
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What are financial scams I should be aware of?
What you need to know:
Scams fall into a couple of categories, Advanced Fee Scams & Bank and Financial Account Scams.- Advanced Fee Scams – based on the concept that the victim is promised a benefit (prize, lottery winnings, inheritance) but must pay in advance for some fee before the victim can receive that benefit. Variations of this scheme include business opportunity/work, credit card interest reduction, work from home online scams and romance schemes.
- Bank and Financial Account Scams – involve tricking individuals into providing their debit card, credit card or financial account information so that scammers gain unauthorized access to those account and siphon off funds. Some of these techniques include:
- Phishing – use of email and websites that pretend to be legitimate banks, financial institutions, credit card companies and manipulate the victim into disclosing personal and financial data
- Vishing – telephone equivalent of phishing; fraudsters call prospective victims and pretend to be the victim’s bank to trick them into disclosing details during the call
- SMiShing – texting equivalent to phishing
Types of Scams:
IRS Scams: Scammers call potential victims demanding cash payments for unpaid taxes via prepaid debit cards, money orders, Western Union/Money-gram or wire through their bank. According to the IRS, the agency will first contact taxpayers by mail, not by phone, concerning taxes owed and it will never as for payments using a prepaid debit card, money order or wire transfer.Online Dating Scams: Scammers troll media sites in search of romantic victims-usually claiming to be Americans traveling or working abroad. Here is how the scam works. You are contacted online by someone who appears interested in you. They may have a profile and email you pictures. For weeks, even months you may chat back and forth forming a connection. You may even be sent flowers or other gifts. Ultimately, your new “friend” will request money. There will be repeated hardships that only you can help alleviate. You may also be sent checks to cash or forward a package. In addition to losing your money, you may have unintentionally taken part in a money laundering scheme by cashing phony checks and sending the money overseas and by shipping stolen merchandise.
Grandparent Scam: A grandparent receives a call from a “grandchild”, typically late at night or early in the morning. The caller claims to be traveling out of the country and is in a bad situation (arrested for drugs, car accident, mugged) and needs money wired ASAP. The caller does not want his or her parents called. A variation is the caller claims to be an arresting police officer, lawyer or doctor and requesting money.
Online Shopping Scams: These can take many forms. Some scammers will pose as genuine sellers and post fake ads at much lower prices. After you pay, the items never arrive. Other scammers will pose as buyers and send a check for more than the required payment and ask for a refund. You send the refund and the check comes back as fraudulent. You are out the item and the amount of the refund.
What you need to do:
- Become familiar with common fraud scams
- Know who you are receiving checks from before you deposit them
- Never pay anyone to receive a deposit
- If someone calls you and attempts to obtain sensitive information or scam you, hang up
If you inadvertently provided personal information and feel your Old National accounts may be in jeopardy, please contact Client Care at 1-800-731-2265 Monday-Friday, 7am to 6pm or Saturday, 7am to noon CT.
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US Fed governor opens door to half-point rate hike in March
WASHINGTON (AP) — Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more than the traditional
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How To Scale Your Business In Tough Times
gettyTo say that Covid-19 has thrown businesses for a loop would be an understatement. Yelp recently reported that, of the more than 160,000 U. S. companies that have closed since the start of the Covid-19 pandemic, 60% are now shut down for good. With businesses across the country struggling to keep their doors open,
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3 401(k) Mistakes to Avoid During the COVID-19 Crisis
Millions of Americans have already been impacted financially by COVID-19, and if you're one of them, that could change the way you plan and save for retirement. But the more careful you are with your 401(k), the less likely you'll be to make a mistake that hurts you in the long run. Here are three specific 401(k) moves
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What are my options for contacting Old National?
We offer several convenient ways to connect with us.
- Visit a nearby location. (Note: Please check our locator for information about specific locations. All banking centers are accepting appointments for lobby transactions and will serve you at our drive-thru windows (where available). See our FAQ with information on scheduling an appointment.)
- Call our Client Care team at 1-800-731-2265. Phones are answered Monday through Friday, 7am to 6pm, and Saturday, 7am to noon (all Central time).
- Use our email form to submit comments or request a call.
- Sign in to to your Digital Banking account from the Old National home page, and choose Secure Chat from the top menu.
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How to Prevent ACH Fraud
Are your company business accounts susceptible to ACH and wire fraud? If you're not sure, now is the time to find out. By educating yourself on this