Bank and Credit Union fraud teams should be on the lookout for the rise in Bank Identification Number (BIN) Attacks. Fraudsters are using a new technology that allows them to “decrypt” bank/debit [...]
Electronic payment systems are constantly evolving to keep up with the ever-changing landscape of how we do business. This is especially true for real-time payments, which are growing in [...]
The friction between banks and their clients over fraud and account takeovers has reached the boiling point for one Truist banking customer. Perran Davis says his deceased father’s estate account [...]
$550k credit union fraud exposed A Clarksville, Tennessee auto dealer is alleged by the Feds to have applied for over a half-million dollars in loans from eight different credit unions… for the [...]
Feds still trying to determine if this credit union (named inside) was a victim. An ex-judge and Municipal Credit Union Board Chair, Sylvia Ash, has been sentenced to 15 months in federal prison, [...]
