FinCEN urges financial institutions to help identify federal student aid fraud
FinCEN issued an alert urging financial institutions to be vigilant in identifying and reporting suspicious activity connected to fraud schemes ...
Tag: Scams
FCC issues warning about bank impersonation scams
The Federal Communications Commission has published an advisory warning consumers about bank impersonation scams and offering tips for avoiding them.
House Republicans propose whole-of-ecosystem approach to combat fraud, scams
Republicans on the House Financial Services Committee published a report calling for a coordinated national strategy to combat financial fraud ...
FCC proposes strengthening Robocall Mitigation Database
The FCC voted 3-0 to issue a proposal to strengthen the Robocall Mitigation Database. ABA expressed support for the proposal ...
ABA expresses support for strengthening FCC’s Robocall Mitigation Database
ABA expressed support for the Federal Communications Commission’s draft proposal to strengthen the Robocall Mitigation Database in a letter sent ...
Survey finds many U.S. adults were scammed in 2025
Six percent of U.S. adults report they were personally scammed last year, with those scams costing an estimated $68 billion, ...
ABA joins with consumer rights group to protect fraud alerts
ABA joined with the National Consumer Law Center and ACA International in proposing to the FCC a rewrite of the ...
ABA supports FCC ‘Know Your Customer’ proposal for originating providers
ABA expressed strong support for the Federal Communications Commission’s proposal to impose specific “know your customer” requirements on voice service ...
FinCEN takes further steps to sever Cambodian firm from U.S financial system
FinCEN proposed taking additional actions to cut off U.S. financial access to a Cambodian firm that allegedly serves as a ...
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 ...
