One reason this fraud is rampant: Open forums where anyone can buy checks that thieves have taken from the mail.
Tag: Banking and Financial Institutions
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Quiz: Would You Close This Bartender’s Bank Account?
Here’s what bank security employees might be thinking when deciding whether to shut down a customer account after detecting unusual activity.
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World Bank President Ajay Banga Addresses Climate Change
Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.
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Xi Jinping is Asserting Tighter Control of Finance in China
The Communist Party’s main theoretical journal has laid out a new ideological framework for the financial system that emphasizes the primacy of China’s top leader and Marxist principles.
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Jerome Powell Says It’s Too Soon to Guess When Rates Will Drop
The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.