Agencies seek comment on fighting payments fraud – Oklahoma Bankers Association

Agencies seek comment on fighting payments fraud – Oklahoma Bankers Association

The FDIC, Federal Reserve and Office of the Comptroller of the Currency issued on Monday a request for comment on potential actions to help consumers, businesses and financial institutions mitigate risks related to payments fraud, particularly check fraud. “Because payments fraud may involve multiple institutions and payment methods, no single agency or private-sector entity can address payments fraud on its own,” the agencies said in a joint st…