EFTGuard provides fraud loss reimbursement up to USD 100,000 per commercial bank account and up to USD 500,000 per customer. To qualify, customers must download and activate the Trusteer Rapport anti-malware software AND enroll in EFTGuard.
Account takeover occurs when fraudsters install malware on a business’s computers and use it to break into an online banking session, create new payees and send illegal wires, ACH and bill payments to accounts under their control.
Citizens provides businesses with a variety of cash management, deposit, and loan services, as well as personal banking products and services including checking, savings, certificates of deposit, credit cards, personal loans and mortgage loans.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now