Exactly David, I had the same thought. If I withdrew cash and gave it to someone who turned out to be a fraudster, how is that the banks' job to stop? If they really want to stop this, they would force the RECEIVING bank to return the funds. I'm sure more due diligence/holds/etc would be taken then!
18 Nov 2021 15:06 Read comment
Manish Jainindustry principal at Infosys Ltd
Naresh BhanotraIndustry Principal at Infosys Limited
Steve MorganBanking Industry Market Lead at Pegasystems
Ryan WhitePrincipal Domain Architect at Pegasystems
Chiara GelminiIndustry Principal Director - Customer Risk & DD at Pegasystems
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