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Bank Technology News May 2007 Glen Fest |
Identity Fraud: Banks Offer ID Theft Resolution Services A Tennessee bank gets surprising demand for an ID theft resolution service it is private labeling from Worldwide Assistance. Customers are even willing to pay for the luxury. |
Bank Technology News January 2003 Mark Bruno |
A New Breed Of Criminals Identity heists could drain $500 million this year. Staying ahead of the thieves may be the only way to curb the rise of identity thefts. |
Bank Systems & Technology March 7, 2005 Cynthia Ramsaran |
ID Theft Hits Paper Harder Despite growing fears of online fraud related to Web-based banking services, the increase in identity theft is hitting consumers closer to home than in cyberspace. Identity theft crimes are more often committed off-line rather than online. |
U.S. Banker May 2004 |
Counterfeit Checks are The Forgotten Fraud With all the attention on ID theft, old-fashioned check fraud is getting easier than ever. It may actually account for the majority of cases categorized as identity-related crime. |
Bank Systems & Technology November 7, 2007 Nancy Feig |
Bank of America Tops Large Banks in Combating Identity Fraud Bank of America ranked the highest in identity fraud protection, detection and resolution, according to a Javelin Strategy & Research study of the top 25 U.S. banks. |
Bank Systems & Technology April 7, 2006 Peggy Bresnick Kendler |
Security Outlook A plethora of high-profile data breaches and concerns about identity theft have put the banking industry on high alert. To secure their information assets, banks must implement a cross-channel, multilayered approach that extends beyond technology. |
U.S. Banker October 2007 Lee Conrad |
Privacy Push: Banks Chafe Against Move To Block Use of SS Numbers Two major federal efforts to curb the widespread use of Social Security numbers are putting banks-the largest private-sector users of those nine sensitive numbers-on defense. |
Bank Systems & Technology March 7, 2005 George Hulme |
May I See Some ID, Please? Identity theft continues to be consumers' top complaint, and ID theft-related complaints are on the rise. Bank-related identity theft comprised 18 percent of all ID theft complaints. |
InternetNews February 12, 2010 |
Study Puts Identity Theft Cost at $54B in 2009 Research firm Javelin estimates that more than 11 million Americans were victims of identity theft last year, a 12 percent increase that led to tens of billions of dollars in costs. |
Bank Technology News April 2006 Glen Fest |
Fraud Prevention: Engaging More Than The Enemy Banks could improve anti-fraud measures if they provided tools that draft customers into the battle. But it's not that simple for an industry still rife with soft spots. |
U.S. Banker February 2006 |
ID Theft Insurance: Community Banks Seek To Protect Themselves Banks are taking out new insurance policies to protect themselves against the financial losses stemming from identity fraud. |
Bank Systems & Technology May 8, 2007 Deena M. Amato-McCoy |
Fear Of Identity Theft Discourages Consumers From Banking Online Proactive security measures increase online banking confidence and use, study says. |
Bank Technology News January 2008 Glen Fest |
ID Theft: Assessing the Impact of An Odd ID Theft Survey The FTC's latest survey seems to prove the difficulty, and maybe futility, of measuring identity theft crime. Will it be used to set back prevention efforts? |
Bank Technology News March 1, 2008 Glen Fest |
Thwarted On-Line, Crime Looks to Past A new identity theft report survey finds a continuing overall decline in fraud numbers and victims, but unfortunately a rapidly rising number of "vishing" and other hands-on alternatives to catching consumers off guard. |
Bank Technology News April 2004 Michael Grebb |
Forgotten Fraud: Counterfeit Checks Banks lost $698 million from scams in 2001 |
InternetNews March 11, 2005 Jim Wagner |
New Service to Put ID Protection in Your Hands Amid a flurry of data theft issues, Intersections readies an in-depth service to police who's trying to use all your data. This can help you spot identity theft. |
Bank Technology News February 2007 Glen Fest |
Identity Fraud: ID Theft Victims, Losses Take Welcome Nosedive New account vulnerabilities are toughened, but 'vishing,' limited alerts practices, and consumers' misguided personal trust in acquaintances still leave the doors wide open. |
Bank Systems & Technology December 1, 2005 Eileen Colkin Cuneo |
Dealing With Data Theft After the Fact When a security breech occurs, a company handling it right can flip the negative into a positive and earn customers' respect and appreciation. If they handle it wrong, and the business will fight the stigma of being an untrustworthy organization indefinitely. |
The Motley Fool December 30, 2004 |
Types of Identity Theft Learn what to look out for, and protect yourself! |
InternetNews May 26, 2005 Tim Gray |
BofA Steps up Authenticity Plan Bank of America moved quickly to restore its reputation this week, announcing a new online authentication service it says will help prevent online fraud and identity theft. |
Bank Systems & Technology August 30, 2004 Ivan Schneider |
Who Was That Masked Man? MSU professor talks about the problem of fighting ID theft and the Identity Theft Penalty Enhancement Act. |
PC World April 29, 2008 Dan Tynan |
Identity-Theft Protection: What Services Can You Trust? New online services offer to protect you from identity theft, and some claim to help you undo damage after it happens. But when we tested the services, we found that many fall short. |
InternetNews November 11, 2005 Jim Wagner |
Report: ID Theft Haunting Bank Customers Banks need to address the growing concern among their customers over ID theft, or risk losing them. |
AskMen.com Michael Hirsch |
How To: Deal With Identity Theft You probably don't think about it, but transactions you take for granted every day put you at risk for identity theft. |
InternetNews July 19, 2007 Roy Mark |
DoJ Sends ID Theft Bill to Congress The Bush administration sent proposed legislation to Congress today that aims to update and improve federal identity theft laws. |
BusinessWeek July 3, 2006 Dean Foust |
ID Theft: More Hype Than Harm Law enforcement officials say the criminals tend not to follow through after stealing personal data. |
PC Magazine June 21, 2006 Robert Lemos |
Defending Your Identity Hardly a week goes by without companies and universities losing digital identities. What can be done? |
InternetNews July 5, 2005 Roy Mark |
Finance Firms To Give FTC ID Theft Data The financial services industry is pooling its own data on identity theft victims with the Federal Trade Commission and law enforcement groups. |
U.S. Banker July 2005 Holly Sraeel |
Want to Make a CEO Wince? Talk About Fraud. When bankers refer to fraud in public, it often comes off as if the theft does not involve a human being. Behind the financial losses and data breaches are people-on both sides of the problem. |
Inc. August 2003 Robert X. Cringely |
They've Got Your Number Identity theft using a combination of computer technology and government information is a major crime just waiting to happen. |
InternetNews January 25, 2006 Roy Mark |
ID Theft Reports Down, Losses Up Internet-related identity theft and fraud complaints may be leveling off, but overall financial losses are growing from the security breaches, new data from the Federal Trade Commission reveals. |
Bank Technology News March 2004 Karen Krebsbach |
The Other Victims of ID Fraud Banks ID fraud is morphing into a throbbing migraine for financial services firms charged with twin challenges of increased responsibility to protect consumers and greater pressure to defend their own bottom line. |
The Motley Fool November 21, 2006 Dan Caplinger |
Get the FACTs, Jack: Part 2 Here is how to fix mistakes or fraud on your credit report. |
InternetNews January 23, 2004 Ryan Naraine |
FTC: Online Fraud Losses Hit $437M Using stolen identities, fake Internet auctions and fraudulent shop-at-home schemes, online swindlers robbed Americans of a whopping $437.5 million in 2003. |
Bank Systems & Technology August 2, 2005 Phil Britt |
Fighting the New Face of Fraud Technology plays a critical role in banking fraud, both in creating new opportunities for fraud and offering new methods to defend against it. Financial services institutions must take a holistic approach to combating fraud. |
Bank Technology News January 2008 Michael Sisk |
Compliance: Raising Red Flags On ID Thievery New regs aim to clamp down on ID theft by mandating that banks look for certain "red flags." A noble enough goal, but will bankers be able to comply by next November's deadline? |
Bank Systems & Technology December 1, 2003 Jim Middlemiss |
Fifth Third Stays Seven 'Steps' Ahead of Fraud Bank implements seven new fraud-detection systems to fight check and ID fraud. |
Bank Technology News February 2005 Holly Sraeel |
Hot on the ID Theft Trail: Will the Real Jane Doe Stand Up? Welcome to the world of identity theft, where the snatch of an individual's social security number begins that unsuspecting individual's downward financial spiral. |
PC World March 2006 Anne Kandra |
Banking on the Web: Risky Business? The reality behind the risks, plus how to keep your online transactions secure. |
Bank Systems & Technology February 10, 2010 Penny Crosman |
ID Fraud Grew 12% in 2009, But Wells Fargo's Fraud Losses Are Down Javelin Research's latest fraud survey finds identity fraud continues to rise, but losses are down at some banks due to fraud detection technology improvements. |
InternetNews March 31, 2010 |
FBI, DOJ Identity Theft Programs Fall Short A new report from the DOJ's Office of the Inspector General says the government is making a big mistake by not making ID theft prevention and prosecution a top priority. |
Bank Technology News March 2005 Matthew de Paula |
Privacy Versus Profits: For Consumers, Not Sharing Is Caring Fear of ID theft along with new regulation are compelling banks to reconcile the conflicting goals of protecting privacy and optimizing information for marketing purposes. |
PC World October 2002 Anne Kandra |
Don't Let Them Steal Your Good Name Identity theft is skyrocketing -- and it's even being used to fund terrorism. The Web can be a real boon for identity thieves, helping them find information about victims and profit from the crime. |
InternetNews January 18, 2006 Clint Boulton |
E*Trade to Cover Fraud Victims E*Trade Financial Corp. is reaching out to customers who may be leery of online banking and investing, promising them full coverage in the event their personal information is used for fraud. |
The Motley Fool December 30, 2005 |
The Upside of Credit Card Theft If your card gets swiped -- literally -- you're only on the hook for $50. But you still need to protect yourself from identity theft at home. |
Bank Technology News July 2005 |
Securing Customer Data Gets Tougher Each Day When bankers refer to fraud publicly, it often comes off as if the theft does not involve human beings. But behind the recent spate of data breaches are people-on both sides of the problem. Want to make a CEO wince? Talk about fraud in real terms. |
Bank Systems & Technology February 22, 2007 Michael Singer |
To Keep Consumer Trust, Try Tokens and Smart Cards Banks and other financial institutions should adopt stronger authentication measures, such as security tokens and smart cards, if they want to increase customer satisfaction with Internet banking, according to a panel of industry analysts. |
Financial Planning December 1, 2006 Todd Davis |
Practice Tips Here are some ways to avoid becoming another identity theft statistic. |
Bank Technology News October 2004 Holly Sraeel |
Fraud is Rising, But Victims, Banks are Fighting It Talk about fraud in banking circles and one will inevitably hit a nerve. |
Bank Technology News December 2008 Holly Sraeel |
ID Fraud Resolution? Yes. But Banks Need To Prevent It. But a greater focus on prevention, detection and resolution of ID fraud over the past four years has translated into big advances for banks. |