1) Spoofing, Smishing and Deepfakes: To Stop Scams, Consumers Need Stronger Protections Feb. 24, 2026 Americans’ savings are at risk as never before as new, technology-driven fraud and scams are surging across the U.S. Phone scams have become part of everyday life for American consumers, and they’re becoming more sophisticated and convincing, boosted by AI …

Bank impersonation scams inflict billions of dollars in losses on consumers annually, often exploiting telecom vulnerabilities to display spoofed caller ID information that tricks targets into trusting fraudulent calls. These imposter calls and texts are surging—up 124 percent from 2024 to 2025, according to our recent bank impersonation scam survey. Curbing this trend requires holding …

To Whom it May Concern: The Bank Policy Institute[1] and American Bankers Association[2] appreciate the opportunity to respond to the notice and request for comment issued by the Office of the Comptroller of the Currency regarding proposed reporting forms that permitted payment stablecoin issuers and foreign payment stablecoin issuers subject to the OCC’s jurisdiction would …

Dear Vice Chair Bowman: The Institute of International Bankers, American Bankers Association, the Bank Policy Institute, the Institute of International Finance, the Securities Industry and Financial Markets Association, and the U.S. Chamber of Commerce (the “Associations”) respectfully submit this letter to the Board of Governors of the Federal Reserve System (the “Board”) to continue the …