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Bankers Tell Lawmakers Fraud Is Growing Faster Than Defenses

  • PYMNTS--pymnts.com
  • published date: 2026-03-05 21:59:06 UTC

Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message. Financial fraud has become more sophisticated, more coordinated and more difficult to contain, even as banks pour billions of dollars into p…

Bank executives appearing before a House Financial Services subcommittee Thursday (March 5) delivered a blunt message.Financial fraud has become more sophisticated, more coordinated and more difficul… [+6866 chars]