I just read an interesting article around responsibility and liability for check fraud. The following text especially caught my eye.
Relevance for FinTech?
As financial service providers turn increasingly to technology solutions (“FinTech”), startups and legacy institutions alike are wrestling with anti-fraud initiatives on electronic platforms. The risks involved are arguably much higher than the risks of check fraud, due to the potential for instantaneous speed, global scale and rapid technical innovation.
Read the entire article written by Timothy Jones, here: https://bit.ly/2jk3wE8
John Kittell – Founder/Owner