This is so sad! Continue to read the story below


Source:- http://www.lekkigists.com.ng/2018/10/75-year-old-man-loses-his-entire.html

Source:- http://www.lekkigists.com.ng/2018/10/75-year-old-man-loses-his-entire.html

Newboss:
The banking world is a complete failure if something as simple as creating a channel of communication that links all banks in the world (on a read only basis) is not in place

This is not Bitcoin for fūcking sake, these IT security idiots should get to work

Every bank should have a feature that allows a customer to instantly freeze any account that he/she has ever sent money to at any point in time The customer would upload electronic evidence (screenshots, receipt, chats, emails, etc) of fraud connected with the payment(s) he/she made to that account. The evidence will be reviewed by the bank within 24 hours If there was really a fraudulent transaction, the owner of the account would be blacklisted worldwide on every financial and immigration system (airports) All these reviewing would be handle by a standby fraud monitoring unit (which every financial institution should be mandated by law to have)

With that in place, only a slowpoke would dare run a fraudulent show via bank transfer

Synchronizing all bank transactions on a read only basis is something that should be in place by now Then we talk about being able to freeze accounts for at least 24 hours, by just pressing a button

jayinfo2:



Don't u think this fraudsters operate with various accounts and can easily move their transactions to other account that has not been blacklisted or open a new account for their nefarious activities.

I still think the banking sectors has a very big task ahead of them to mitigate the activities of this guys.

Day can do more than what we currently have.

Newboss:

If every bank customer has a unique identity on the global banking system, blacklisting the customer would automatically lock up all his accounts worldwide irrespective of the banks the funds are in

If he shows up at any bank to open an account or lay complain, he would be picked up by the bank's security operatives (since any banker would clearly see that he is wanted worldwide) Same also with trying to take a flight