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Not only BEC, the recovery rate for ridiculously named authorized push payment fraud fraud (i.e. craigslist car scams) is also very low. Reg E at least protect
by bbbbb5 4y ago
Not only BEC, the recovery rate for ridiculously named authorized push payment fraud fraud (i.e. craigslist car scams) is also very low.
Reg E at least protects consumers from some banking malware, but still does not provide protections for phishing victims (despite new non-binding CFPB guidance)