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.
Tag: Check fraud
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 ...
ABA: Collaboration key to combating check fraud
Fighting check fraud will require greater collaboration and cooperation between federal, state and local agencies alongside private sector stakeholders such ...
Podcast: Inside ABA’s new Treasury Check Verification System API
ABA's new Treasury Check Verification System platform is live. ABA anti-fraud experts Paul Benda and Hannah Ibberson discuss the platform ...
ABA launches online Treasury check verification platform
ABA launched a new online platform that will enable member banks to easily verify government checks and their payee information ...
Banking agencies seek public comment on strategies to combat payments fraud
The FDIC, Federal Reserve and OCC issued a request for comment on potential actions to help consumers, businesses and financial ...
Public comment sought on plan to phase out U.S. Treasury paper checks
The Treasury Department is taking public comment on plans to implement President Trump’s executive order directing it to no longer ...
