Bill would extend time for banks to review suspicious checks, wire transfers
Rep. Young Kim (R-Calif.) has introduced legislation to allow financial institutions to place extended holds on suspicious checks and wire ...
Tag: Fraud
A national campaign to fight impostor scams targeting seniors
By participating, banks can help ensure that more consumers are better prepared to recognize and avoid fraud.
FinCEN updates guidance for financial institutions on sharing information about fraud
FinCEN issued an updated fact sheet to clarify how financial institutions can share information with each other about suspected fraud ...
ABA Fraudcast: The challenge of synthetic identity
A longtime leader in the fight against fraud describes one effective addition to the banking industry’s commitment to innovation: partnership.
ABA to FCC: Restrict number resale and number ‘cycling’
ABA expressed support for the FCC’s proposals to strengthen its numbering policies — which govern how phone numbers are distributed ...
Proposed bill seeks to establish federal regulation of AI
Two lawmakers have released a draft bipartisan bill to establish a national regulatory framework for artificial intelligence, including increased penalties ...
ABA: Regulation of foreign call centers will not combat fraud
ABA urged the Federal Communications Commission not to impose additional regulation on foreign call centers belonging to banks and other ...
Chair’s View: Uniting to stop scams
ABA has led the call for a comprehensive, whole-of-government approach to fighting fraud.
FCC votes to issue ABA-supported ‘know your upstream provider’ proposal
The FCC voted to issue an ABA-backed proposal that would impose stronger “know your upstream provider” requirements on voice service ...
Largest Bitcoin kiosk operator files for bankruptcy
The largest operator of Bitcoin kiosks in the U.S. is shutting down amid increased regulatory scrutiny of the role of ...
