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
Nancy WeirIndustry Principal at Pegasystems
Fabio UrsoDirector - Industry principal - CLM and KYC at Pegasystems
Adam KrugCLM Ambassador at Pegasystems
Chiara GelminiIndustry Principal Director - Customer Risk & DD at Pegasystems
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