Payments fraud in 2024, as reported in the findings of the 2025 AFP Payments Fraud and Control Survey, was down overall vs. the previous year - by a narrow margin. Meanwhile, “classic BEC” (Business ...

These lenders are flush with cash, but the lack of buyouts is depressing pricing and activity.

UniCredit SpA has sent congratulatory letters to the new German government offering talks, according to people familiar with ...

PHILADELPHIA, May 1, 2025 /PRNewswire/ -- Doral Renewables LLC ("Doral") has successfully closed a $100 million corporate Letter of Credit facility. The Letters of Credit are expected to primarily ...

A special CBI court in Mumbai convicted a senior Vijaya Bank manager, a company owner, and an agent for a Rs 10 crore fraud against Bank of India involving forged letters of credit issued in 2012.

An International Monetary Fund (IMF) team, led by Ms. Suchanan Tambunlertchai, held meetings in Moroni from April 29 – May 13, to discuss progress on economic and financial policies and reforms in the ...

A letter of explanation for a mortgage is a document that addresses red flags that might derail a mortgage approval, such as a period of unemployment or an unpaid credit balance. A letter of ...

“And how do you ensure the steel industry gets the credit it needs?’’ asked my guest, the deputy head of Gosbank, the state bank of the USSR, in 1987. He was on a visit to the Bank of ...

LONDON — A lettercard penned by one of the Titanic’s most well-known survivors from aboard the ship, days before it sank, has sold for $399,000 (300,000 pounds) at auction. In the note ...