ABA today joined three financial trade associations in pushing back against a report issued by Sen. Elizabeth Warren (D-Mass.) examining fraud related to instant payments sent via the Zelle network.
As the industry observes Cybersecurity Awareness Month in October, ABA President and CEO Rob Nichols announced the launch of the third annual #BanksNeverAskThat campaign, the latest iteration of ABA’s award-winning campaign geared at educating consumers about the persistent threat of phishing scams.
The American Bankers Association urged the Federal Communications Commission to take steps to stop the illegal ‘spoofing’ of outbound calls placed by banks in comments filed with the Federal Communications Commission on Sept. 16.
As part of its Safe Banking for Seniors campaign, the ABA Foundation today released seven new videos intended to help raise awareness about the top scams targeting older Americans.
The latest incarnation of ABA’s award-winning #BanksNeverAskThat anti-phishing campaign returns in October. The season premiere of the ABA Banking Journal Podcast features a banker’s perspective on participating in the campaign and a sneak preview of new creative.
More than half of mobile subscribers reported losing money to phone scam calls in a recent survey on the prevalence of the problem, with young people the most likely to fall for the scams.
The American Bankers Association Foundation and the Federal Trade Commission released an infographic with information to help consumers protect themselves when using mobile payment apps and services.
Romance scams are on the rise, with consumers losing $547 million to them in 2021 alone, according to new data published by the Federal Trade Commission today.
With the pandemic and other factors triggering growth in — and new dimensions of — “money mule” scams, how what should bankers watch out for?
The Federal Trade Commission’s Consumer Sentinel Network took in more than 334,000 fraud reports filed by Americans age 60 or older, with reported losses of more than $600 million, the commission reported in its annual report to Congress on protecting older consumers.