ABA Fraudcast: The challenge of synthetic identity

The number of noncash payments more than tripled since 2000, with credit cards now outpacing debit cards in growth in use, according to initial findings from the Federal Reserve's triennial payments study.

ABA joined with the National Consumer Law Center and ACA International in proposing to the FCC a rewrite of the “revoke all” rule. The rule is set to take effect on January 31, 2027, but the FCC is...

'It's asking questions like: Have you been coached? Is someone telling you to do this? Is this going into an account that you opened or authorized to be opened?'

The House Financial Services Committee advanced legislation that would align Fair Credit Reporting Act liability with other financial consumer protection laws, reform the Securities and Exchange Commission and give banks more time to verify suspicious checks. The three...

FinCEN issued a supplemental alert for financial institutions on suspicious activity connected to Cartel de Jalisco Nueva Generacion and other Mexico-based transnational criminal organizations smuggling fuel from the U.S. into Mexico in schemes involving Mexican tax evasion known...

A lesser-known part of the story of the founding is the critical role that banks played in securing American independence.