Owen, Bowman discuss bank technology adoption, fighting fraud
As AI and other technologies evolve, banks need to adopt new technology in a responsible way that protects customers, and ...
Tag: Fraud
Waters, Casten outline proposed agendas for House Financial Services Committee
Top Democrats on the House Financial Services Committee are pledging to place greater emphasis on housing policy and tackle financial ...
ABA Fraudcast: The legacy of The Tinder Swindler
A victim of the fraud detailed in the popular Netflix documentary now fights romance scams every day.
SEC charges two entities in $130 million fraud scheme using false filings to boost investor confidence
The SEC encourages investors to use Investor.gov to check the background of anyone offering or selling them an investment.
ABA survey: Americans trust banks most in the fight against fraud
U.S. adults overwhelmingly trust banks more than any other entity to protect them from fraud, according to a new survey ...
Studies gauge fraud costs for banks, financial services
Every $1 of fraud now costs U.S. financial services firms $5.47, up from $4 in 2021, according to new research ...
Google to use ABA resource to verify financial services ads
Google announced the upcoming U.S. rollout of a verification program for financial services ads appearing on its platform, with the ...
FinCEN identifies alleged student aid fraud following alert
FinCEN has identified more than $270 million in suspicious financial activity potentially linked to fraud against federal student aid programs, ...
Robertson, Boyer receive Distinguished Service Awards for AML/CFT and fraud management
ABA announced that Rebecca “Becky” Schauer Robertson at Blue Ridge Bank and Karen Boyer at M&T Bank have received the ...
Pirro urges bankers to work closely with law enforcement to stop scams
U.S. District Attorney for D.C. Jeanine Pirro urged bankers to be “proactive” and work closely with law enforcement to fight ...
