ABA Chair Kelly discusses growing fraud threat, need for banks of all sizes
ABA Chair Kenneth Kelly appeared on Bloomberg TV to discuss the banking industry’s fight against fraud and the need for ...
Tag: Fraud
ABA supports issuance of ‘know your customer’ proposal for originating providers
ABA expressed its support for FCC Chairman Brendan Carr’s decision to schedule a vote on issuing a proposal that would ...
Scam Center Strike Force targets Southeast Asian scam center network
The Treasury Department’s Office of Foreign Assets Control sanctioned a Cambodian senator and 28 individuals for their alleged roles in ...
Podcast: ABA’s ecosystem strategy to tackle fraud
On the latest episode of the ABA Banking Journal Podcast and ABA Fraudcast, Rob Nichols and Paul Benda provide several ...
FinCEN touts nearly $2B in interdicted funds related to cybercrime
FinCEN's Rapid Response Program has facilitated the interdiction of over $268 million in stolen funds on behalf of U.S. victims ...
ABA Foundation testifies on protecting older Americans from financial exploitation
During a Senate hearing, the ABA Foundation outlined the critical role banks play in protecting older Americans from fraud and ...
ABA, state associations: SCAM Act will reduce consumer fraud losses
Legislation to hold social media companies accountable for the scam ads appearing on their platforms would reduce consumer fraud losses ...
AARP survey finds widespread concern about fraud
Nearly four in 10 U.S. adults say they have been victims of fraud, while many more say they worry about ...
FCC proposes stronger penalties on voice service providers for KYC failures
The FCC is seeking to impose stronger “know your customer” requirements on voice service providers that originate calls, as part ...
ABA Fraudcast: Big tech’s ad business is fueling a scam ecosystem
Why accountability, ad transparency and KYC rules could begin to rein in platform-enabled fraud.
