Reading Time: 2 minutesWith fraud losses among Americans estimated to be anywhere from $12 billion to $160 billion, it will take a coordinated effort to combat this dangerous threat.
Fraud isn’t only a risk to manage within financial institutions; it’s quickly becoming one of the most critical tests of trust between banks and their clients.
Reading Time: 2 minutesThe bank must be able to prove the customer authorized the payment order, and that its security procedures were “commercially reasonable.”
Reading Time: 2 minutesWhen it comes to fraud, it takes a village.
Reading Time: 3 minutesRule 1033 would require financial institutions and other data providers to help consumers access and share their data securely using application programming interfaces.
Is the notion of “faster payments, faster fraud” just a myth?
The story of a WWII vet falling victim to financial exploitation exposes system gaps and the growing sophistication of criminals.
Reading Time: 3 minutesThe exhaustion of FMLA leave is not the end of the analysis, but a turning point where ADA obligations take center stage.
Reading Time: 3 minutesWhile the IFPA is an Illinois state law, it applies to electronic payment transactions that occur in Illinois, regardless of whether the card issuer is an Illinois financial institution.
Reading Time: 2 minutesThe foundational strength and relevancy of the commercial banking industry have never been more resilient.
Reading Time: 2 minutesWe have so much to celebrate about our past and anticipate with our future, it’s difficult to choose where to start.
