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Home Compliance and Risk

ABA Fraudcast: The challenge of synthetic identity

A longtime leader in the fight against fraud describes one effective addition to the banking industry’s commitment to innovation: partnership.

June 10, 2026
Reading Time: 1 min read
OCC’s Hsu suggests requiring banks, AI companies to reimburse customers for fraud

Ben Chance of Early Warning Services, the bank‑owned company that provides risk and fraud-prevention services and operates the Zelle network, joins host Paul Benda on this edition of the ABA Fraudcast to talk about not just the very recent history of fraudsters targeting banks and consumers, but how banks are learning to defend themselves effectively.

ABA offers resources to help banks prevent, identify, measure and report fraud, and to serve and protect consumers.

Follow the ABA Fraudcast on Apple Podcasts, Spotify or other podcast apps. If the player above is not visible, listen to this episode here.

Host of the ABA Fraudcast is Paul Benda, EVP, risk, fraud and cybersecurity at American Bankers Association.

Paul Benda

Tags: ABA FraudcastFraudScamsSystemic risk
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