Banking 2020

SEPTEMBER 10, 2015

According to the Federal Trade Commission, only 26 percent of stolen identities are used for credit fraud. Hackers steal your customers’ identities for a variety of reasons: utility fraud, employment fraud, etc. Do your customers know about these other types of fraud?

Cyber Security 40

Cyber Security Security Fraud Software 40

Banking 2020

NOVEMBER 24, 2015

First the good news – banks in Britain stopped nearly £1 billion in attempted fraud in the first six months of 2015. Banks prevented £7 in every £10 of attempted fraud, according to Financial Fraud Action (FFA) UK, which reports that losses on payment cards, online and telephone banking and cheques totalled £325.3

Fraud 40

Fraud Cards Cyber Security System 40

Banking 2020

NOVEMBER 8, 2015

XS2A means banks have to build an API structure that any company registered with a ‘competent authority’ can use to provide services, so long as the customer consents. The Finextra study found that 88 per cent of bank respondents believe that data protection and risk to reputation are significant issues.

Cyber Security 40

Cyber Security Payments Security Regulation 40

American Banker

JUNE 15, 2020

Peoples Bank in Arkansas and Main Street Bank in Massachusetts are getting smarter about spotting suspicious transactions tied to unemployment benefit fraud as well as warning customers what to watch out for.

Arkansas 41

Arkansas Massachusetts Maine Fraud 41