Fed seeks public input on potential changes to its check services
The Federal Reserve is seeking public input on potential changes to the check services it provides to banks and credit ...
Tag: Check fraud
Fraud Watch: Verifying Treasury checks before they’re cashed
With ABA’s every-increasing anti-fraud resources bankers can save their banks and their customers a lot of money.
ABA’s Treasury check verification tool allows banks to report counterfeit checks
The new reporting system will allow ABA to collect real-time information on counterfeit Treasury checks.
ABA Fraudcast: Taking the fraud prevention message directly to lawmakers
'Banks cannot fight this battle alone. Other stakeholders must step up.'
ABA, banks relaunch fraud-fighting education campaigns
ABA announced the 2025 relaunch of its award-winning consumer protection campaigns, #BanksNeverAskThat and #PracticeSafeChecks, aimed at helping consumers and small ...
Treasury Department creates resource page for federal paper check phaseout
The Treasury Department has debuted a new resource webpage about the looming phaseout of paper checks for most federal disbursements.
ABA responds to OCC RFI on potential actions to address payments fraud
According to ABA, “the growing prevalence and sophistication of fraud in today's financial ecosystem underscore the urgency of this inquiry ...
ABA’s Benda testifies before House subcommittee on escalating fraud threats
Banks are working every day to protect their customers from fraud, but they cannot stop criminals by themselves, ABA's Paul ...
Updated: Treasury Department: Switch to electronic payments before looming paper check phaseout
The federal government has stated that it will launch a media campaign to encourage the transition away from checks toward ...
FTC warns consumers about social media check fraud scam
The Federal Trade Commission is warning consumers that social media posts sharing an alleged checking account “hack” is actually a ...
