ABA - American Bankers Association
10/28/2025 | Press release | Distributed by Public on 10/28/2025 10:03
ABA Commends FCC on Proposals to Strengthen Fraud Protections and Modernize Calling Rules
"We commend Chairman Carr and the FCC for taking this important step forward in the fight against fraud. It is too easy for fraudsters to spoof real bank names on Caller ID, and today's FCC vote advancing a proposal to strengthen the call authentication framework will help protect consumers and legitimate businesses. We look forward to reviewing the proposal and working with the Commission to combat fraud.
"We also welcome the FCC's proposed updates to its telecommunications rules. Timely and secure communication is essential for banks to serve their customers-especially when delivering fraud alerts, data breach notifications, and servicing messages. For too long, regulatory barriers have hindered these efforts. Today's proposal includes common-sense reforms that would enable banks to communicate more effectively and better protect their customers."
"We also welcome the FCC's proposed updates to its telecommunications rules. Timely and secure communication is essential for banks to serve their customers-especially when delivering fraud alerts, data breach notifications, and servicing messages. For too long, regulatory barriers have hindered these efforts. Today's proposal includes common-sense reforms that would enable banks to communicate more effectively and better protect their customers."
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About the American Bankers Association
The American Bankers Association is the voice of the nation's $25 trillion banking industry, which is composed of small, regional and large banks that together employ approximately 2.1 million people, safeguard $19.7 trillion in deposits and extend $13.1 trillion in loans.
In Depth
- Fraud
Press Contact
Blair Bernstein
(202) 663-5468
Contact Blair
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