Sun.Sep 06, 2020

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Payments are blocked as banks' new security check becomes a name game

TheGuardian

Confirmation of Payee was designed to tackle online fraud, but it’s leaving customers unable to transfer funds When the sale of Heather Lord’s house completed, her conveyancing solicitor attempted to transfer funds to her bank account. An automated message warned him that her name did not match the name on the account he was paying into, and that the transfer would therefore be at his own risk.

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2020 home buying season is approaching. Are you ready?

Qudos Bank

Spring is traditionally a busy time for buying and selling homes.

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Digital Word of Mouth Marketing Sells Banking Products Post-Pandemic

The Financial Brand

The satisfied voice of family, friends and peers still exerts strong influence on people's decisions about who to bank with. The post Digital Word of Mouth Marketing Sells Banking Products Post-Pandemic appeared first on The Financial Brand.