Bankers' Hotline, Volume 16, Number 1
January 27, 2006
Agencies to Develop Anti-Money Laundering Strategy:
Report Focuses on New Dangers
Agency officials published the MLTA, an inter-agency report designed to zero in on vulnerabilities and develop a comprehensive anti-money laundering strategy.
FinCEN Warns About Korea
FinCEN and the U.S. Treasury concerned about possible illicit activities from North Korea.
In The News
- Retirees Unrealistic About Income, Survey Finds
- Visa Begins European Debit Program
- Small Business Invoicing Goes Electronic
- NCIF Releases Guide and Info on Reaching Underbanked
- Recycling Machines Allow New Configurations
- Vein Verification Systems Catching Japan's Attention
Statistics, Facts, & Such
Training Page
Planning for Vacations
Not only does the FDIC's vacation policy, which outlines that employees in sensitive positions be absent from their duties for two consecutive weeks, give those working in key positions a break, this vacation procedure is also an excellent crime prevention tool.
Banks Will Surge Ahead in Online Bill Pay
An increase in online bill paying reaps benefits for banks.
MBNA Issues Radio Frequency Chip Cards
Contactless payment cards will soon be provided to MBNA's new and existing customers.
From the editor's desk
Needed: One More Government Form
Is adding yet another government form the answer to satisfying examiners?
War Stories
Questions & Answers
- Passbook Account Withdrawal Limit
- Safe Deposit Box Access by Executor
- Checks Returned Missing Endorsement
- Record Retention Guidelines
- Checks Payable to TOD
Other Bankers
- Executive Editor:
- Barbara Hurst
- Editor:
- P. Kevin Smith, CPP
- Contributing Editor:
- Genilee S. Parente
- Board of Advisors:
- John S. Burnett
Peter G. Djinis, Esq.
William Gearin
Lucy H. Griffin
Mary Beth Guard, Esq.
David McGuinn
Robert G. Rowe, III, Esq.
Barry Thompson
Dana Turner
Andy Zavoina