Bankers' Hotline, Volume 24, Number 3
The legalization of marijuana sales presents both benefits and risks for "pot shops" and the financial services industry.
Government agencies and payment processors focus on more stringent card security measures following multiple high-profile data breaches.
In The News
The FBI Needs Your Help
FinCEN Guidance on Marijuana Businesses
FinCEN provides guidance for financial institutions seeking to provide services to marijuana-related businesses.
The CFPB has taken its first enforcement action against one of the largest for-profit educators.
As the tax filing deadline approaches, consumers can get tax help and tips from the CFPB.
Focus on Fraud
- FDIC Orders Banks to Beef Up BSA Measures
- IRS Cracks Down on Financial Crime
- Cybercrime Targeting FIs
From the editor's desk
Don't Be Afraid To Use Your Data
Gathering and analyzing customer and employee data is an instrumental component of any successful fraud prevention strategy.
Questions & Answers
- Risks Associated with Virtual Currency
- Rejecting Funds Transfer Transactions
- Abandoned Safe Deposit Boxes
- Outdated ATM Software
- 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.