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Category: Fraud Prevention

#BanksNeverAskThat: A Primer to Stay Safe

This October, the American Bankers Association and Regions Bank are focused on helping customers avoid becoming victims of fraud.

By Doug Segrest | October 20, 2021

You want your bank to let you know when something is amiss with your account.

But the text, email or phone call you just received … well, something doesn’t seem right.

  • Because your bank isn’t going to threaten you if you don’t act immediately.
  • Your bank isn’t going to ask for your account number and password out of the blue.
  • Your bank isn’t going to ask you to visit an unfamiliar website. Or call a number that doesn’t match the one you’ve always used before.

So, what’s going on? Maybe someone with bad intentions is trying to scam you.

Just keep this in mind: Throughout the month of October, we’re trying to help you stay safe. Thanks to the American Bankers Association, Regions Bank and financial institutions across the country are working to teach consumers that #BanksNeverAskThat.

Just keep this in mind: Throughout the month of October, we’re trying to help you stay safe. Thanks to the American Bankers Association, Regions Bank and financial institutions across the country are working to teach consumers that #BanksNeverAskThat.

Why? Because every day, people fall prey to unscrupulous fraudsters, who use emails, texts and phone calls to claim personal information and access to bank accounts. Unfortunately, fraud is big business. According to the ABA, Americans lost $3.3 billion to fraud in 2020.

Often, these schemes are perpetrated by someone pretending to represent your very own bank.

Expand your knowledge by visiting the ABA’s #BanksNeverAskThat website. Then test your knowledge with this quick and easy quiz.

Since its inception, Doing More Today has worked vigilantly with Regions Bank fraud experts on helping you avoid the latest fraudulent schemes. You can keep up with the latest scams – and solutions – with advice here:

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The information presented is general in nature and should not be considered, legal, accounting or tax advice. Regions reminds its customers that they should be vigilant about fraud and security and that they are responsible for taking action to protect their computer systems. Fraud prevention requires a continuous review of your policies and practices, as the threat evolves daily. There is no guarantee that all fraudulent transactions will be prevented or that related financial losses will not occur. Visit regions.com/STOPFRAUD or speak with your Banker for further information on how you can help prevent fraud.
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