Bank Fraud Detection Issues

Comments focus on banks freezing accounts, debiting money without permission, or failing to prevent fraud due to false-positive detections, poor security, and inadequate verification protocols.

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#5391
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Keywords

US E100K AML SIM BS ID again.html UI blogspot.com HSBC bank banks account money transaction 7k banking deposits branch receiving

Sample Comments

philderbeast Dec 5, 2021 View on HN

lets start with bank's for instance?how do you feel about getting locked out of all your money for a false-positive fraud detection?

2Gkashmiri Oct 3, 2022 View on HN

why can't banks have oath like authentication so this BS doesnt happen?

Mandatum Jun 6, 2021 View on HN

Your assumption of "normally banking has established protocols" is wrong

Tepix Nov 7, 2016 View on HN

Sounds like the bank got breached, not the customer.

bigape911 Feb 23, 2023 View on HN

didnt know companies can just take money from your account. broken bankings system

QML Sep 4, 2017 View on HN

Bank error or money laundering?

candiddevmike Nov 3, 2023 View on HN

Pretty sure banks get audited to prevent this exact scenario from happening.

desindol Sep 15, 2022 View on HN

From my experience it sounds like one of your clients or even you are considered for doing fraudulent transactions... a bank would do the same.

madshiva May 8, 2018 View on HN

Like your bank is not fraud too...

jakelazaroff May 1, 2023 View on HN

You don't think that your bank would get your money back if this happened to them?