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07/25/2024
Nacha’s Upcoming Rules Take a New Approach to Fighting Fraud
PaymentsJournal
Facing a continuing rise in fraud and fraud attempts against financial institutions, Nacha has announced new rules to help organizations mitigate these risks. These new rules will take time to implement, so institutions should begin preparing now rather than waiting until the rules go into effect.
07/25/2024
Woman bought 80 vehicles, 31 properties with millions in stolen Army funds, officials say
Bradenton Herald
An Army employee accused of funding her extravagant lifestyle by stealing more than $108 million from a grant program designated for military families was sentenced to jail time, officials said.
07/24/2024
Scammers target young adults on social media with fake check scam
FTC
Did you get a message on social from an “artist” asking to pay you for permission to paint your photo? It’s a scam. They don’t want to pay you — they want to take your money.
07/24/2024
Fed Fines Green Dot $44M for Consumer Compliance Violations
Green Dot
The Federal Reserve Board has fined Green Dot $44 million for deceptive and unfair consumer practices and deficient compliance risk management.