It wasn't that long ago when the only way to deposit, transfer or withdraw money was to physically visit your local bank branch or ATM. Today, thanks to the wonderful world of technology, consumers have a full suite of options to choose from when conducting their financial transactions.With online and mobile banking on the rise, it's only natural that security be on the minds of both financial institutions and customers.So what's the deal? Is mobile banking a secure way to bank? In sort - yes. 1...
[More]
Tags: 1st Mariner Bank, Mobile Banking, Mobile Money, Mobile Security, Mobile Banking Security, 1st Mariner Products and Services, 1st Mariner Bank Mobile Banking, 1st Mariner's Mobile Banking, First Mariner Bank, Phishing, Mobile Fraud
Online/Mobile Banking | Security | Social Media
Check fraud has many ugly faces.
Check fraud does not discriminate. It doesn’t care if you’re a person or a business, wealthy or not, the customer or the Bank. Check fraud and those committing check fraud look for ways to deceive, manipulate, alter and perpetrate. Simply put, a way, any way, to illegally acquire, nay steal, funds that do not exist within an account balance or account holder’s legal ownership.
Want some stats? Of course you do.
According to FinanceNook, in one...
[More]
Tags: Check Fraud, What is check fraud, bad checks, check loses, counterfeiting, check fraud protection, 1st Mariner Bank, preventing check fraud, fraud, forgery, alteration, paperhanging, Positive Pay
Business Tips & Banking | Security
Positive Pay is, quite frankly, one of the best ways to prevent check fraud scams on a business checking account. Basically, a business owner writes checks and if there are any discrepancies between the checks written and the checks clearing the account, the business owner has the option to either pay or return the items. No check will clear the account without going through this process and thus limits the possibility of check fraud scams.
Most business owners understand and appreciate the secu...
[More]
Tags: Check Fraud, Checking Fraud, Positive Pay, Check Fraud Preventions, 1st Mariner Bank, Business Banking, Cash Management, What is check fraud, check fraud losses, check fraud example, fraudulent checks
Business Tips & Banking | Security