Fi911

JUNE 9, 2025

Attackers compromise vendor email accounts, then send updated banking instructions just before scheduled payments. By the time anyone notices, funds have moved through multiple accounts and jurisdictions. Vendor impersonation schemes specifically target accounts payable departments.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

PYMNTS

FEBRUARY 9, 2017

adults have money invested in stocks, mutual funds and/or some form of self-directed retirement account. Back then, there were a handful of SECs — the three letter identifiers used to identify various types of ACH payments — and rules were often based on the type of account that was involved, be it business or consumer.

Reg E 46

Reg E Security Transactions Third-Party Sender 46

PYMNTS

OCTOBER 13, 2017

Chalk it up to not asking enough questions,” said Hennessy, or perhaps the bank is in a hurry to get an account open, in place and on the books. As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. Misclassification?

Risk 46

Risk Consumer Financial Protection Bureau (CFPB) Due Diligence Third-Party Sender 46