|Thomson Financial Publishing (TFP) has announced the launch of new
versions of two Web sites, http://www.fraudban.com
FraudBAN.com is a nationwide information clearinghouse that facilitates
real-time data sharing among banks, thrifts, and credit unions to thwart
check fraud and other white-collar crimes.According to the announcement,
perpetrators of fraud frequently use similar phony identification and account
information at multiple institutions. Through FraudBAN.com, fraud cases
are aggregated, compared, and used to assist law enforcement with the prosecution
of criminals, resulting in the reduction of future fraud-related losses.
Institutions can have access to this service 24/7. New features on the
site include partnership links, free registration to receive e-mail updates,
and up-to-date headline briefings from Pratt's Letter Online.
TFP's corporate Web site has also been enhanced to include weekly mergers
and acquisitions activity; OFAC Corner, with information, guidelines, and
links to comply with government regulations such as FinCEN's Suspicious
Activity Report Software; and Track the Terrorists, which offers the latest
updates and information about the fight against terrorist financing.
Source: Thomson Financial Publishing, Skokie, IL, 847/676-9600; http://www.tfp.com.