A bad check is one drawn on a nonexistent account or with insufficient funds. Learn about potential legal consequences and ...

For about the past five years, Phoenix-based benefits consultant Jill Preston has been noticing something odd happening to her Tucson clients, in the course of her work helping elderly people and ...

In October 2025, the European Union will mandate the implementation of Verification of Payee (VoP) — a mechanism requiring payment providers to check whether the account name entered by the sender ...

Research finds that friendship is less of an exchange of giving and receiving, and more of a support system for unpredictable times. Decades of research suggest that the quality of our social ties ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. July 2025 saw Australian banks unveil their version of scam ...

In July 2025, the Milwaukee Journal Sentinel reported on a Wisconsin woman whose family feared her representative payee might have misused her funds. Representative payees are responsible for aiding ...

This content is contributed or sourced from third parties but has been subject to Finextra editorial review. Five years ago, the UK's financial landscape underwent a profound transformation with the ...

Louis May lost his $109,000 first home deposit to scammers. Now Australia's banks are taking measures against the security flaw the scammers used, via a system called "Confirmation of Payee". An ...

A new confirmation of payee service, designed to help thwart financial scams, launches Thursday. Duncan Robertson CEO of GetVerified, a company established and owned by New Zealand banks to implement ...