March 1 - 7 is National Consumer Protection Week, a nationwide initiative focused on fraud awareness and prevention sponsored by the Federal Trade Commission. 2026 is the 28th year of the FTC joining with partner organizations to amplify the importance of consumer protection.
We're taking this opportunity to spotlight the growing threat of wire transfer scams and their increasing impact on our industry. Wire transfers are fast, efficient, and irrevocable, making them a prime target for fraudsters. As wire fraud schemes grow more sophisticated, it’s critical for financial institutions and their accountholders to stay informed and vigilant. Our latest Fraud Forum blog article details the most common scams today and how institutions can stay ahead of the curve by recognizing red flags and implementing sound practices.
Click Read More below to access the complete article from Krystle Bucci, Manager, Payments Education (Fraud Forum login required).