Latest Security - Interest Reporting Topics

Interest Bearing Account for Foreign w/o SS#

12/24/2012

Can a foreign person without a Social Security Number have an interest bearing account? How would you report the interest earned?

Correct Way to Title Account (Rep Payee)

08/06/2012

When opening an account with a rep payee, what is the correct way to title the account and who would be considered primary account holder?

Opening a Minor's Savings Account

02/21/2011

In Florida, when a minor's account is opened, is the account reported under the minor's social security number or the adult's? This is not a FUTMA account, only a minor's savings account.

Opening a Representative Payee Account

05/24/2010

Other than a signature card, are we required to get any other legal documents when opening a representative payee account for an adult?

Death of CD Owner - Interest Reporting

08/03/2009

We have a CD with a father as the primary owner and his two children as co-owners. The father passed away. Does the interest get reported to the father’s social security number up until the date of death?

LLC: TIN or SSN?

04/07/2003

I have a customer who has an LLC set up with one owner. They would like to use their own social security number. Would I set this up any differently? Do I use his name or the name of the LLC first on our computer system? I was concerned with the interest reporting.

Vendor Guru Q&A - Security

Proactive Protection: Readiness and Resources for Crisis Response

Deepfake Deception: The New Face of Financial Fraud

Bitcoin ATMs: The Rise, the Fall, the Risks

Staying ahead of check fraud during tax season

Weathering the Storm: Disaster-Proof Your Operations

Counterfeit Cards are Still in Play in the U.S. Banking Arena

Internal Intrusions: Safeguarding Against Employee Fraud and Data Theft

Keeping Up With the Fraudsters

Telephones in Vaults

Navigating the Next-Generation Wave of Check Fraud

Proactive Protection: Readiness and Resources for Crisis Response

04/20/2025

On April 10, 2025, in the city of Louisville, KY, communities gathered for StoryFest - a celebration of resilience and healing through storytelling.

Deepfake Deception: The New Face of Financial Fraud

04/20/2025

As financial institutions accelerate their digital transformation, an increasingly sophisticated threat has taken on the new face of financial fraud: deepfake technology.

Bitcoin ATMs: The Rise, the Fall, the Risks

04/13/2025

The increased attention on cryptocurrency since President Trump returned to the White House is shining the spotlight on Bitcoin ATMs as part of the broader crypto ecosystem.

Weathering the Storm: Disaster-Proof Your Operations

04/06/2025

Spring ushers in the heightened risks of volatile weather that can disrupt lives, businesses, and entire communities.

Staying ahead of check fraud during tax season

04/06/2025

How can IQA and IUA, combined with AI technologies, support fraud prevention?

Latest Security - Interest Reporting Topics

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