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Fed economists suggest a centralized independent public entity to create e-payments security standards
- Davis Wright Tremaine LLP
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- USA
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- January 31 2012
With the growth of e-commerce and m-commerce, remote payments fraud has grown in response
Court of Appeals ruling may broaden bank liability for unauthorized internet funds transfers
- Davis Wright Tremaine LLP
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- USA
- -
- July 16 2012
On July 3, the U.S. Court of Appeals for the First Circuit overturned a district court ruling and allowed a lawsuit by Patco Construction Co. (“Patco”) to proceed against Peoples United Bank (the “Bank”) over $345,000 that was stolen from Patco’s bank accounts through internet fraud in 2009
