Bankers' Hotline, Volume 24, Number 4
Feds to Banks: Bolster Cyber Defenses
Federal regulators are not just urging financial institutions to bolster their defenses against cyber warfare – they are now requiring them to do so.
Guide to Garnishing Federal Benefits
The OCC has issued guidance for garnishment of federal benefit payments that are direct deposited.
In The News
- Consumer Complaints on the Rise
- Reviewing CIP Safeguards
- Putting Prepaid Card Disclosures to the Test
Statistics, Facts, & Such
Technology Update
Windows XP Scam Alert
Training Page
Mail Room Safety
Training of secure mail handling procedures should be an included component of your physical security program.
Indictments Halt Fraud Operations
Fraud operations are halted when members of the rings are apprehended and face charges for their roles in the crimes.
FinCEN on AML Challenges
FinCEN Director Jennifer Shasky Calvery discussed current industry AML challenges with attendees at a recent financial crime conference.
Focus on Fraud
From the editor's desk
You Can't Fix Stupid
Sometimes regulators respond to stupid incidents by implementing a policy, procedure, or regulation that fails to fix the underlying problem.
War Stories
Questions & Answers
- Handling Marijuana-Related Business Accounts
- Circulation of $2 Bills
- OFAC Screening of Account Beneficiaries
- Listing of OFAC Sanctioned Countries
- Handling Mutilated Coins
Other Bankers
- Executive Director:
- Barbara Hurst
- Editor:
- P. Kevin Smith, CPP
- Contributing Editor:
- Genilee S. Parente
- Board of Advisors:
- John S. Burnett
Peter G. Djinis, Esq.
William Gearin
Lucy H. Griffin
Mary Beth Guard, Esq.
David McGuinn
Robert G. Rowe, III, Esq.
Barry Thompson
Dana Turner
Andy Zavoina