BIS Outlines Strategy for Improving Risk Management in Wholesale Payments
As fraud in the wholesale payments system becomes more complex and prevalent, the Basel, Switzerland-based Bank for International Settlement’s Committee ...
Tag: Fraud
ABA/Morning Consult Poll: Majority of Consumers Support Regulatory Changes
By a margin of more than four to one, Americans agree that the House should pass S. 2155, the bipartisan ...
Financial Trade Groups Write to House Leaders in Support of Data Breach Notification Bill
ABA and six other financial trade organizations wrote to House leaders today underscoring the need for businesses across all industries ...
Podcast: The Dark Side of Valentine’s Day
On this special holiday episode of the ABA Banking Journal Podcast, Colleen Tressler of the Federal Trade Commission and Corey ...
Report: Total Number of Fraud Victims Tops 16 Million
The number of fraud victims in the U.S. rose by eight percent in 2017 to total 16.7 million, according to ...
IRS Issues Warning about Tax Scam Targeting Preparers’ Data
With the 2018 tax filing season kicking off this week, the IRS today issued a warning about an emergent identity ...
New Infographic Highlights Tips for Avoiding Online Dating Scams
A new infographic published by the ABA Foundation and the Federal Trade Commission alerts consumers to the growing threat of ...
Regulators Order Halt to Activities of Purported Cryptocurrency ‘Bank’
Federal and state regulators have ordered a halt to activities by a Dallas-based entity known as “AriseBank” that has targeted ...
ABA Report: Banks Stopped Nearly $17 Billion in Fraud Attempts in 2016
The nation’s banks stopped nearly $17 billion in fraudulent transactions in 2016 -- a figure that represents a substantial increase ...
