TransUnion: Financial Services Fraud Increases This Year
The financial services industry has seen digital fraud attempts increase in 2021 compared to last year as more consumers go online for banking and other financial transactions, according to new research from TransUnion. TransUnion found that U.S. financial services...
Bank Manager Stole $560K from Dead Customers
A bank branch manager has pleaded guilty to stealing or attempting to steal more than $560,000 from a New Hampshire bank, instructing employees to open accounts in the name of deceased customers, and withdrawing money from them. According to court document and...
Six Locals Indicted in Bank Fraud Scheme
Six New Hampshire residents have been charged with financial crimes stemming from what prosecutors called a “virtual currency exchange business.” Ian Freeman, Colleen Fordham, Renee Spinella, Andrew Spinella and a 52-year-old Keene resident named...
Lenders Look to Remove Friction from Online Fraud Fight
With many branch lobbies closed during the early months of the pandemic, banks and credit unions leaned on existing online banking tools, while also accelerating plans to adopt new technology, including platforms for opening accounts online. But this digital...This Week’s Paper: Digital Edition
