Learn how bank account verification enhances transaction security and prevents fraud. Explore various verification methods, ...

Alacriti, a leading provider of cloud-based payment technology, announced today the launch of its Orbipay Bank Account Validation & Verification Service (BVV), offering businesses and financial ...

The DWP will be able to check some benefit recipients' accounts under new fraud powers, but one group is explicitly exempt.

The DWP has issued an update on new powers to check benefit claimants' bank accounts. A bill is about to be passed into law ...

Tribunal remands the matter after finding that bank records showing cash withdrawals were not examined. The key takeaway is that cash-in-hand cant be treated as unexplained without proper factual ...

Alacriti, a leading provider of cloud-based payment technology, announced the launch of its Orbipay Bank Account Validation & Verification Service (BVV), offering businesses and financial institutions ...

The Reserve Bank of India has laid out new guidelines to help customers with inoperative/dormant accounts. The regulations ...

Banks label an account as dormant when there has been no customer-initiated activity for ten consecutive years ...

The Department for Work and Pensions (DWP) has been granted new powers to directly deduct money from payslips and bank ...

Reactivate Dormant Bank Account: A bank marks an account as dormant when the customer does not use it for ten full years.

The proposed legislation aims to tackle multibillion-pound benefit fraud and includes provisions allowing the DWP to recoup ...

The Ladakh administration flagged the growing complexity of cyber investigations, driven by rampant social media misuse, fake ...