Synthetic identity theft is a fast-emerging vector of financial fraud, reaching $8 billion and accounting for the majority of fraud on payment cards, according to expert estimates.

In response to an executive order today by President Trump, the U.S. Department of Justice launched a new task force on market integrity and consumer fraud.

To mark Elder Abuse Awareness Month in June, a bonus episode of the ABA Banking Journal Podcast explores how banks can successfully partner with law enforcement, Adult Protective Services agencies and other community partners to protect their senior citizen customers from elder financial abuse.

A coordinated effort by the departments of Justice, Homeland Security and Treasury, the U.S. Postal inspection service and other partners led to the arrest of 74 individuals in the U.S. and abroad in connection with recent business email compromise scams, the DOJ announced today.

Retailers that have completed their EMV chip card technology upgrades have seen counterfeit fraud drop 76 percent from the end of 2015 to the end of 2017, according to new figures released today by Visa.

With fraud on the rise, banks explore strategies for enhancing their cybersecurity efforts.

As fraud in the wholesale payments system becomes more complex and prevalent, the Basel, Switzerland-based Bank for International Settlement’s Committee on Payments and Market Infrastructures today released a strategy for managing wholesale payments fraud risk.

By a margin of more than four to one, Americans agree that the House should pass S. 2155, the bipartisan Senate regulatory reform bill, according to results from a new ABA/Morning Consult poll released today during ABA's Government Relations Summit.

ABA and six other financial trade organizations wrote to House leaders today underscoring the need for businesses across all industries to be held to the same data protection and breach notification standards currently adhered to by regulated financial institutions.

On this special holiday episode of the ABA Banking Journal Podcast, Colleen Tressler of the Federal Trade Commission and Corey Carlisle of the ABA Foundation join co-hosts Evan Sparks and Joan Gregory Saenz to explore the dark side of Valentine's Day: online romance scams