Industry Verticals · FinTech & BankingstructuralFraud PreventionPayments Billing

Bank denies any right to contest fraudulent mobile-deposited checks

A fraud victim who mobile-deposited scam checks had them returned by the bank, triggering a credit card overdraft advance. When the customer tried to contest the returned checks, the bank told them no contest process was available.

2mentions
1sources
5.6

Signal

Visibility

5

Leverage

Impact

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