Oyin Adedoyin
speaker
1,572 appearances
36 recordings
1 series
first heard Mar 2023
last heard Feb 2025
Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.
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Appearances
There are a few things that they can do.
It kind of goes back to what Justin just mentioned, which is the education.
So being aware that this is something that's happening, that this is an epidemic that's really sweeping the banking industry and limiting the number of checks you write.
Try to maybe, you know, only send checks to people that you know, or maybe write smaller amount checks rather than huge amounts.
It's also recommended that folks watch their bank accounts for unusual transactions and
If something like this does happen, you want to catch it as soon as possible so that hopefully the bank or the police department can investigate it.
So make sure you're regularly checking your bank account.
Sometimes you're signing, sometimes you're not.
So some businesses have more updated point of sale systems.
You might be used to seeing those toast or square pads where you can make your purchase on.
In those types of things, businesses can actually choose to not have the signature portion as part of the transaction.
Well, signatures, at least in the day-to-day sense for things like shopping at the grocery store or buying a drink, are not as relevant today.
And they haven't been relevant at least in the last couple decades, actually.
Once upon a time, merchants used to have to collect your card information manually and imprint those numbers onto a piece of carbon paper when you made a transaction.
Oh, you remember that?
Well, yeah, they used to use these devices called knuckle busters, I think.
Do you remember those?
Exactly.
And the signature in that case was really important because we didn't have an electronic way to authorize that transaction.
And so when someone would sign it, you were also supposed to look to make sure that that signature matched the signature on file for that account.
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