House moves to expand financial‑exploitation protections to people aged 55 and older Lawmakers approved second reading of House Bill 5162, extending transaction‑hold authority and related safeguards to customers age 55+. Supporters said banks and credit unions back the measure; members asked about liability and good‑faith standards. The bill passed second reading 111–0.

South Carolina lawmakers have taken a bold step to protect customers aged 55 and older from financial exploitation, ensuring faster responses to suspicious activities in banks and credit unions.

Learn more here!

#SC #CitizenPortal #FinancialFraud #ConsumerProtection #BankingSafety

Canada needs an open finance roadmap, not just open banking | The-14 Canada’s 2026 open banking is a start, but a full open finance roadmap is needed to boost competition, affordability, and secure data sharing.

Canada needs an open finance roadmap, not just open banking
#Canada #Finance #OpenBanking #OpenFinance #ConsumerProtection #SmallBusiness #FinancialInclusion #DataSecurity #Banking #AffordableBanking #ModernFinance #PaymentsModernization #BankingSafety
the-14.com/canada-needs...

AI chatbots are becoming hackers' new favorite weapon against your bank account
Only 67% of banking links from AI chatbots are actually safe. Here's what you need to know?
Read: technijian.com/chatgpt/ai-a...

#AIRisks #CyberSecurity #BankingSafety #PhishingProtection #DigitalSafety

Protect your assets! 💻💳 Implement robust cybersecurity measures to safeguard sensitive information. Regularly update systems, educate staff on cyber threats, and conduct thorough security audits. #Cybersecurity #BankingSafety