Follow TopicFollow Contributor Share Feedback
The Coronavirus Crisis is Increasing the Risk of Bank Fraud. Here’s How Banks Can Play Defense

The Coronavirus Crisis is Increasing the Risk of Bank Fraud. Here’s How Banks Can Play Defense

by Stephen Scott, Mark Cooke, Gary Cohn

Jul 07, 2020

Thoughts

Banks have enjoyed something of an unlooked-for reprieve during the COVID-19 crisis. Over the last decade, the industry was subject to increased regulatory scrutiny and public scorn triggered by misconduct scandals. During the coronavirus shutdown, however, banks have been critical partners to policymakers struggling to prevent a full-blown depression. Amidst such efforts, regulatory supervision has been partly suspended, to allow the industry to focus on the provision of economic relief.

This content is available to Members. Registered Observers can also access this article with a free account.

Members have full access to all articles and related content from past Compendium and Starling's regular updates and reports.

Observers can access a limited number of articles and may purchase articles on an ala carte basis.

Click the ‘Join’ button below to join Starling Insights or register for free as an Observer.

Join The Discussion

See something that doesn't look quite right?

We strive to provide high quality and accurate content at all times. With that said, we realize that sometimes links break, new information becomes available, or there is something that you feel we may have missed.

If you see something that you think we should be aware of, we would love to hear from you. Feel free to drop us a note below and leave your name and contact info if you'd like to hear back from us.

Thank you for being a key part of the Starling Insights community!