Allyssa Beird

Allyssa Beird

Identifying 4 Types of Mobile Payments Fraud

mobile payments fraud

With the rise of mobile technology, enterprises and institutions are rapidly creating mobile apps to enable consumers to conduct e-commerce transactions conveniently and efficiently. From digital payment processing, investing, and money transfers, billions of dollars are exchanged on these mobile-friendly…

What is Safe Harbor in the Bank Secrecy Act?

Bank-Secrecy-Act

Depending on who you are, the first rule of the Bank Secrecy Act is “don’t talk about the Bank Secrecy Act.” Secrecy is a key feature of the law’s requirement to submit Suspicious Activity Reports in certain cases. In fact,…

How Do Debit Card Disputes Work?

Debit-Card-Dispute

Money comes and, sometimes even more quickly, it goes. In today’s expanded age of one-click shopping and in-app purchases, the power to claw back cash is like a magic key for buyers. One such buyer in our orbit lately said…

How Authentication in Internet Banking Works

Authentication-in-Internet-Banking

Once considered unique to each individual, artificial intelligence has shown the human voice to be convincingly cloneable. In banking, this means that voice-based biometric passwords are no longer the fail-proof layer of unhackable authentication bank users hoped they would be.…

What is Asset Liability Management?

Asset-Liability-Management

Imagine you were put in charge of billions of customer dollars, but you lost them. Congratulations, you are a decision-maker at Silicon Valley Bank. SVB’s inability to manage both interest rate risk and liquidity risk sent them into a painful…

Guide to ACH Risk Assessment and Management

Risk-Assessment-And-Management

Account takeover, business email compromise, and impersonation fraud. Each of these terms describes a threat to financial institutions described in a joint paper published by Nacha and the Global Resilience Federation. Financial institutions should care because Nacha, or the National…

What is an ACH Return? An Explainer

ACH-Returns

When you initiate an electronic transaction using the Automated Clearing House (ACH), you assume it’s complete as soon as the information in your electronic system is sent off into the World Wide Web. However, ACH does not guarantee instantaneously settled…

What is Capital Risk in Banking?

Treasury Management

Small regional banks and large investment banks alike face capital risk. Similar forces drive both risk networks, but robust tools and preparation can help finance professionals predict their interactions, regardless of bank size. Aims at such preparation arrive in the…