CFA - Consumer Federation of America

09/19/2025 | Press release | Distributed by Public on 09/19/2025 09:44

CFA Comment to Interagency RFI on Potential Actions to Address Payments Fraud

The Consumer Federation of America submitted the following comment to an interagency RFI on fraud prevention.

Last year, consumers reported losing more than $12 billion to fraud. As markets and technology evolve, fraudsters have demonstrated their ability to pivot and exploit vulnerabilities in our financial infrastructure.

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