Legislative Push: New Bill Seeks to Combat Resurgent Check and Wire Fraud
By PYMNTS | June 18, 2026 In an effort to stem the rising tide of financial crime, Representative Young Kim has officially introduced the "Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026" (STOP Payments Fraud Act of 2026). The proposed legislation aims to overhaul current regulatory frameworks that critics argue inadvertently tie the…
