PYMNTS
FEBRUARY 20, 2020
A recent academic study found that company CFOs are less likely to admit to fraud when they’re facing pressure to meet certain financial goals, according to Forbes. The study was done by researchers from North Carolina State University, the University of Missouri-Kansas City and the University of Chieti-Pescara in Italy.
PYMNTS
AUGUST 7, 2020
Brainard, Kansas City Fed President Esther George and Boston Fed First Vice President Kenneth Montgomery also noted that the FedNow system will provide another option in a landscape already populated by, for example, The Clearing House Payments Co. Combatting Fraud — And Addressing Competition And Costs .
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PYMNTS
DECEMBER 5, 2019
“Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City. The FPC will also provide education about faster payments and fraud mitigation.
Independent Banker
NOVEMBER 13, 2014
It’s called ATM cash-out fraud, and it’s a new data security threat where physical attacks and cyberattacks converge. The software might spy on an employee’s activity to steal his or her passwords to burrow deeper into the bank’s network and ATM management system. Current Tech. By Maria Korolov.
PYMNTS
DECEMBER 11, 2017
He will lead the Fed’s initiative to address payments fraud risk and boost the security of payments in the U.S. He is also a member of the Fed’s Financial Services Policy Committee and directs financial management initiatives for the Fed’s Financial Support Office. Treasury and financial market, among other responsibilities.
PYMNTS
AUGUST 10, 2016
John Huff, director of the Missouri Department of Insurance, said in a statement in the report that information on 411,786 members of Blue Cross Blue Shield of Kansas City was potentially taken. He encouraged customers to monitor their banking accounts and other financial accounts.
PYMNTS
SEPTEMBER 27, 2019
Despite some previous pushback, the Fed, represented by Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. While real-tine payments services may not be unified, she argued, the Fed should consider supporting a single, central utility to manage these standards and user identities.
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