A U.S. appeals court reversed a lower court's ruling in the ACH/wire fraud dispute between PATCO Construction Inc. and the former Ocean Bank, now People's United. What is next in this high-profile case?
The recent settlement between Village View Escrow and Professional Business Bank could set a new course for legal disputes involving account takeover, say the attorneys involved in the fraud case.
For United Bank & Trust, cost, efficiency and customer adoption were big considerations when it came to FFIEC conformance. How did this $1 billion institution determine the best authentication option?
Banks and credit unions say they are investing in enhanced fraud detection, monitoring systems and education. What other anti-fraud investments top their lists? See what our 2012 Faces of Fraud Survey revealed.
The out-of-court settlement reached in a dispute between Village View Escrow and Professional Business Bank shows it's getting more difficult for banks to avoid liability, experts say.
Online banking attacks are up, but financial losses linked to account takeovers are down. What does this shift say about the future of fighting ACH/wire fraud? The FS-ISAC's Bill Nelson weighs in.
A lingering legal dispute over a corporate account takeover incident at escrow company Village View has finally come to a close. Find out more about the details of the case and the settlement.
What are the top four malware-related issues that all organizations should focus on this year? Andreas Baumhof of ThreatMetrix shares insights based on five years of malware analysis.
Banking regulators and law enforcement are collaborating to reduce losses linked to account takeover fraud. They say employee training at the branch level is a critical piece in the fraud fight. Why?
Are institutions making the right investments in anti-fraud technologies? As they conform to the FFIEC's updated Authentication Guidance, many could miss the mark, warns Aite's Shirley Inscoe.
When it comes to curbing ACH fraud, banking regulators and law enforcement agencies have joined forces to keep institutions abreast of emerging best-practices. What are their top recommendations?
Too many banks and credit unions are being narrow-minded in their approaches to FFIEC Authentication Guidance conformance, by focusing on commercial accounts and neglecting retail accounts, one ACH fraud attorney says.
In Texas, banking leaders and law enforcement agencies have joined forces to attack ACH and wire fraud. Learn about the anti-fraud recommendations they've developed.
Are banks and credit unions focusing too much attention on authentication and not enough on layered security? In their efforts to conform to the FFIEC's updated Authentication Guidance, they could be missing the fraud-prevention mark.
How well do banks conform to the FFIEC's updated Authentication Guidance? Gartner analyst Avivah Litan says most have made progress, but they still struggle with the details.
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