News

Courier-Post on MSN5d
TD Bank employee got bribes to open accounts, feds say. Then clients committed check fraud
A former employee of TD Bank N.A. has admitted that he took bribes to open more than 100 bank accounts, some of which were ...
Think your bank account is protected from fraud? Here’s what the FDIC actually covers—and what it doesn’t
As financial scams continue to evolve, Alabama banking leaders want consumers to understand how fraud protection works and ...
American Banker42m
Bank groups encourage Treasury switch to digital payments
Three bank trade associations recommended phasing out paper checks to reduce government payment fraud in a joint statement ...
Nacha Supports Executive Order to Eliminate Federal Check Payments, Citing Cost Savings and Fraud Reduction
Nacha submitted formal comments in support of Executive Order 14247, "Modernizing Payments To and From America’s Bank Account ...
The Daily Hodl9d
Bank Fraud Crew Scheming To Steal $250,000 Using Counterfeit Checks Sentenced to Prison: Report
Nearly a dozen individuals have been charged for their role in a $250,000 organized check fraud and identity theft scheme.
American Banker5d
Former TD Bank employee pleads guilty to insider fraud
The Florida man admitted to opening over 100 fake TD Bank accounts in exchange for bribes, leading to $72,000 in fraud losses ...
Digital Transactions8h
Payments Industry Support Builds to Eliminate the Federal Government’s Reliance on Paper Checks
Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate ...
‘Pause. Think. Don’t click.’ Here is what you need to know to avoid scams
Scams are preventable. Here's everything you need to know about different kinds of scams and how to avoid them.
WDAM on MSN6d
Business owners learn how to avoid check scams
Organizers tell WDAM 7 the need came about after an uptick in people passing bad checks at local businesses. They said some ...
Bank Fraud: Are You Eligible For A Refund If Bank Officer Defrauds You? Check This Recent Case!
In the recent times, there have been different occasions when there have reports of bank branch managers and their ...
DWP start date for Eligibility Verification and ‘monitoring’ bank accounts to tackle benefit fraud
The Eligibility Verification Measure will not give DWP direct access to bank accounts or enable investigators to see how ...