Browsing: fraud

Federal Reserve Vice Chair for Supervision Michelle Bowman.Bloomberg News Federal bank regulators are considering regulatory and supervisory changes to address the yearslong uptick in check fraud…

Medallion Financial must pay a multimillion civil money penalty as part of a settlement it has reached with the Securities and Exchange Commission, which accused the…

Alex Karp, CEO of Palantir Technologies, speaks during the Digital X event in Cologne, Germany, on Sept. 7, 2021.Andreas Rentz | Getty ImagesQuasi-governmental financial firm Fannie…

Unlock the Editor’s Digest for freeFraud is a “blight” on the nation that requires a “systemic” solution, warn UK industry figures, as new data reveals that…

CHRISLEY KNOWS BEST — Season:6 — Pictured: (l-r) Chase Chrisley, Grayson Chrisley, Julie Chrisley, Todd Chrisley, Chloe Chrisley, Savannah Chrisley and Faye Chrisley.NBCU Photo Bank/NBCUniversal via…

Western Alliance Bank has co-developed technology that helps thwart fraud in class action lawsuits.The project, which the bank calls Triangle of Fraud Protection, began during a…

A report released Monday by a major cybersecurity cooperative for banks underscores the persistent and evolving cyber threats facing the U.S. financial sector.The annual threat report…

Unlock the Editor’s Digest for freeAn ex-UK tax adviser at BGC Group who admitted taking part in a £24mn scheme to defraud the broker-dealer has been…

A recently unsealed federal indictment in Oklahoma offers a detailed look into an alleged mail theft and check fraud conspiracy, highlighting methods fraudsters are increasingly using…

When mortgage “fraud” becomes the headline, real solutions for America’s housing crisis get pushed to the margins. The FHFA should be using its considerable powers to…