Fraud

July 13, 2016

The Future of Mobile Banking Has Arrived

Some Citigroup customers can open ATM vestibules with their phones. Bank of America and JPMorgan Chase customers can retrieve cash more quickly from ATMs using codes […]
July 8, 2016

What Keeps Business Professionals Awake at Night?

The Wall Street Journal rounded up some recent surveys and reports dealing with payments, risk and security issues.  Here are some of the findings. Pay Up: A […]
July 6, 2016

Chip Cards May Bring an End to Some ATMs

By October of this year, ATM owners in the U.S. have to replace or upgrade their machines to accept chip cards or face liability for certain […]
July 1, 2016

Banks Court Hackers for Cybersecurity Jobs

Even though cybersecurity jobs can offer 6-figure salaries, generous signing bonuses and other perks, banks are struggling to find people to hire.  Part of it is […]
June 30, 2016

Most Consumers Will Take Business Elsewhere if Hacked

A recent study commissioned by Centrify found that 66% of adults in the U.S. are at least somewhat likely to stop doing business with a company […]
June 29, 2016

Bank Reputation: Regionals Score Tops; Big Banks Improve

The reputation of the banking industry as a whole nudged up to 67.1 on a 100-point scale, helped by an improving economy. The score is just […]
June 17, 2016

Small Banks Band Together to Fight Fraud

As the song goes, “I get by with a little help from my friends.”  That sentiment is truer than ever for banks, particularly when it comes […]
May 4, 2016

FTC Obtains $13.4M Judgment in Financing Scheme

A federal court found BlueHippo Funding LLC, BlueHippo Capital LLC and Joseph Rensin in contempt for operating an allegedly deceptive computer financing scheme in violation of […]
April 28, 2016

Some Merchants See Decline in Fraud with EMV

The new chip-enabled cards flowing into the U.S. marketplace have already made a dent in fraud, with some of the biggest merchants seeing a dip of […]