ABA Fraudcast: How the Secret Service fights imposter scams

ABA supports the OCC’s proposed approach to treat stablecoin issuers like financial institutions for Bank Secrecy Act and sanctions compliance, but believes further changes are needed for equal treatment of all regulated entities.

FinCEN issued an alert urging financial institutions to be vigilant in identifying and reporting suspicious activity connected to fraud schemes targeting Office of Federal Student Aid programs.

ABA joined other financial sector associations to release a guide for financial institutions in determining which data shared with federal regulators should be subject to heightened security standards, as the banking agencies recently announced new policies for handling...

An up-to-date simulation incorporating more current data may allow the FDIC to meet its goals of covering the industry with a different ratio.

The Federal Communications Commission has published an advisory warning consumers about bank impersonation scams and offering tips for avoiding them.

Brian Johnson, the nominee to lead the CFPB, told lawmakers that he would promote accountability at the agency by ensuring it acts within statutory limits, and that he would keep an “open mind” about the bureau’s staffing.