FCC proposes ‘robocall scorecard’ to rate voice service providers
The FCC is seeking public comment on creating a “robocall scorecard” to measure how voice service providers are protecting consumers...
Technology
Consumers share experiences with AI-enabled scams
More than two in five U.S. consumers said they have encountered a scam powered by artificial intelligence, either personally or...
State bankers associations support stronger FCC rules to combat illegal calls
Fifty-two state bankers associations expressed strong support for the Federal Communications Commission’s proposals to ensure that all voice service providers...
ABA Fraudcast: Why ‘know your advertiser’ matters in preventing scams
The value of digital identity, registry modernization and platform safeguards in stopping fraudulent financial services ads.
Survey finds many bank customers use gen AI, but don’t trust it
Deloitte survey finds that while most bank customers use generative AI to research bank products, they hesitate to share personal...
FSB chair urges financial institutions, tech providers to prepare for AI risks
With the rise of frontier artificial intelligence models, financial institutions and third-party technology providers should prepare for a cyber threat...
FTC seeks to enforce business disclosure of personalized pricing
Businesses that fail to disclose that they use consumer data to set personalized prices for goods or services are likely...
Investment account fraud: red flags and mitigation
The objective is not simply to stop a transaction. It is to help the customer recognize the deception and prevent...
Treasury announces Quantum-Readiness Task Force
The Treasury Department announced the launch of a new public-private initiative "to help accelerate the U.S. financial sector's transition to...
ABA: Proposed customer identification standards for stablecoin issuers need strengthening
A proposed rule to require payment stablecoin issuers to maintain customer identification programs must go further if it is to...
