Bankers' Hotline, Volume 32, Number 5

The Perils of Faster Payments

by Teri Wesley

Technology has driven the demand and the availability of faster payments, but it's also giving criminals easier and faster access to consumer and business accounts.

In The News

• Fed Issues Final Rule Governing FedNow Transfers
• The CFPB on Competition, Big Tech, and Open Banking
• The FDIC Focuses on Use and Misuse of Name and Logo

Statistics, Facts, & Such

Tech Update
Guardians of Fraud Prevention

Spotlight on What's Happening

Training Page
Risk Assessment vs Vulnerability Study

by Barry Thompson, CRCM

Protecting your institution against increased risks requires more than just checking review items off a list.

A Push for AML Reform

A group of lawmakers are pushing FinCEN to move faster on money laundering reforms.

Focus on Fraud

• A Synthetic ID Fraud Detection Tool
• Bank-backed Zelle Under Fire for Fraud
• KYC Systems Vulnerable to Deep Fakes

From the editor's desk
There is no Silver Bullet to Stop Violence

by Teri Wesley, Contributing Editor

In the wake of recent events, the rise in gun-related violence – and opinions on what to do about it – is on everyone's minds. While we can all agree something needs to change, there is no silver bullet to stop violence.

War Stories

• A Trail of Crime Crumbs
• Lunch Money?

Regulatory Roundup

Questions & Answers

• Active Shooter Training Resources
• Physical Security Assessments

Other Bankers

• Neighbors Helping Neighbors
• Helping Hands for Community Revitalization
• Banking on Economic Growth
• Supporting Local Education