The following are articles relevant to the Professional Investigator. Click on the title to make a comment or join the conversation.
Big banks’ fraud detection provider linked to man with criminal past – 9 July 2018
The Reserve Bank is among financial regulators globally seeking to ensure payment systems that handle retail transactions are more resilient and secure as people move away from cash towards electronic payments. This is particularly important due to increased commercialisation of consumer data and interest in people’s personal banking data.
‘Security vulnerabilities’, risk of fraud in electronic payments: RB – 8 July 2018
The Reserve Bank is among financial regulators globally seeking to ensure payment systems that handle retail transactions are more resilient and secure as people move away from cash towards electronic payments. This is particularly important due to increased commercialisation of consumer data and interest in people’s personal banking data.
Danske Bank’s money laundering scandal spinning faster – 8 July 2018
Denmark is facing a massive scandal with banking champion Danske Bank accused of helping to launder $8.3 billion through an Estonian subsidiary.
https://au.news.yahoo.com/danske-banks-money-laundering-scandal-spinning-faster-062237707–spt.html
Banking royal commission: Finance program helps Aboriginal people vulnerable to scams – 8 July 2018
The banking royal commission heard evidence about financial scams, misconduct and practices which impact — and in some cases may have even been deliberately targeting — Aboriginal and Torres Strait Islander people. Report was published by Flinders University in partnership with CatholicCare NT.
