Investment account fraud: red flags and mitigation
The objective is not simply to stop a transaction. It is to help the customer recognize the deception and prevent ...
Tag: Scams
The voice fraud threat to banking
How AI-generated impersonation is reshaping the risk landscape as the voice channel remains an important customer-contact method for the banking ...
White House announces new push to combat cybercrime, fraud
President Trump directed federal law enforcement to create a new program that partners with the private sector to target transnational ...
ABA, associations express support for FCC ‘know your upstream provider’ proposal
ABA and 12 associations expressed strong support for the FCC’s latest proposal to ensure that voice service providers in the ...
Carr staffer nominated for FCC commissioner
President Trump nominated Danielle Thumann, senior counsel to Federal Communications Commission Chairman Brendan Carr, to serve as commissioner on the ...
Washington state attorney general advises caution when donating to help wildfire victims
The Washington Attorney General’s Office issued guidelines for donating to reputable charities, as scammers will likely try to take advantage ...
The evolution of financial scams
What a century of fraud can teach banks about the next generation of risk.
State attorneys general voice support for ‘know your customer’ communications requirements
In a joint letter, 50 state and territorial attorneys general said they support a FCC proposal to bolster “know your ...
ABA’s Benda shares policy recommendations for fighting AI-enabled scams
Generative AI has made scams more convincing, personalized and scalable while enabling criminals to exploit trusted identities and communications channels, ...
ABA highlights banker comments seeking stronger ‘know your customer’ rules for originating providers
In a new comment letter, ABA highlighted the dozens of bankers who wrote to the Federal Communications Commission in support ...
