In 2025, banks plan to make significant increases to their tech spending, and enhanced security and fraud mitigation are the top priority according to research released this month by American Banker.

Banks reported that they have far more protections against fraud in digital channels versus branches or call centers, according to survey research.

Celebrating United Community Bank’s 75 years of business, Galvao said classes like these are a great way for to make connections and help protect community members.

Chase Bank holds fraud prevention seminar to help avoid scams Fraud cost consumers more than $12 billion in the United States last year, a 25% from 2023.