Federal data points to need for united response to fraud

Recent data on scams and fraud from the Federal Trade Commission and the FBI is, to no surprise, trending in the wrong direction. But there is confusion around such national reporting, and that is part of the problem. "There is no central figure leading this fight," says ABA's Paul Benda, who describes important challenges to addressing scams and fraud on a national scale on this week's edition of the ABA Fraudcast.

ABA offers resources to help banks prevent, identify, measure and report fraud, and to serve and protect consumers and their financial data.​