Bankers' Hotline, Volume 22, Number 8
Sometimes good people do bad things, even those in positions of trust or authority inside the financial industry. Managers and other mid-level employees should be monitored for insider fraud in financial organizations
in the fourth phase of its Next Generation Identification (NGI) program, the FBI's Criminal Justice Information Services Division is testing facial recognition biometrics.
In The News
- Paperless Crime Enforcement
- High Rolling Crime Spreading to the U.S.
- FBI Nabs Massive Carding Ring
- New Card Complaint Database
- Linking Cards Offers Best Rewards
- Mobile Most Important Innovation
- Credit Union Uses Biometrics for Employee Authentication
- Australian Bank Offers Payment Devices
- Banks Not Keeping Up
- Virtual Branches in Poland
ABA Bank Capture
Enhanced Due Diligence
When opening new accounts, if a customer is flagged as a potential high risk enhanced due diligence is needed during account verification, and the account monitored for suspicious activity.
Mobile phone use is predicted to surpass the rate of population growth in the next few years.
There's a new cash machine that does everything...but give out cash.
From the editor's desk
Avoid the Knee-jerk Reaction
Post event analysis is good practice, and a process that every security officer should foster, but it should not result in a knee jerk reaction that has unintended consequences.
Questions & Answers
- Executive Director:
- Barbara Hurst
- P. Kevin Smith, CPP
- Contributing Editor:
- Genilee S. Parente
- Board of Advisors:
- John S. Burnett
Peter G. Djinis, Esq.
Lucy H. Griffin
Mary Beth Guard, Esq.
Robert G. Rowe, III, Esq.