“Banking is rapidly becoming more omnichannel, and FIs need to be sure they can safeguard customers across all the products through which they access their financial services,� according to the May 2020 FI Fraud Decisioning Playbook, produced by PYMNTS and sponsored by Simility. Consumers now demand choice, flexibility and convenience...
Unemployment Fraud In Michigan Could Bump Legit Jobless Claims
Unemployed Michigan residents ought to be wary of a scam in which fraudsters are using stolen personal information to apply for unemployment benefits, according to Michigan-based news site MLive.com. The Michigan Unemployment Insurance Agency (UIA) has since instituted more steps to verify peoples’ identities and make sure an application was...