Senators Press Banks for Better Defenses Against Wire Fraud
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The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers. On Thursday (April 18), in a letter to the CEOs of JPMorgan Chase, Bank of America, Wells Fargo and Citi, Sens. Sherrod Brown, D-Ohio, Chairman of the Senate Committee on Banking, Housing, and […]

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