Month: November 2012

HERE TO STAY: CHECKS REMAIN AN IMPORTANT METHOD OF PAYMENT FOR U.S. CONSUMERS AND BUSINESSES

Credit: cumminsallison.com1 AUGUST 14, 2012, MT. PROSPECT, IL— Although electronic banking has become increasingly popular in recent years, checks remain a common and highly used method of payment in the United States. A 2010 Federal Reserve Payments Study estimates that there are still 24.4 billion checks written in the United States annually. In fact, checks written …

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Fake Brock Cheques Used In Bank Scam

Credit: stcatharinesstandard.ca By Dan Dakin, St. Catharines Standard Thursday, November 8, 2012 12:06:12 EST PM It’s his first week on the job, but Brock University’s new head of finance has already had to deal with a money emergency involving corporate identity theft. Brian Hutchings, the school’s vice-president for finance and administration, was alerted Wednesday that the school’s …

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