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Fraud exposure is associated with payment stress and lost credit demand

Bank Policy Institute analysis of the CFPB Making Ends Meet Survey finds that people reporting fraud or scams were about 15 percentage points more likely to expect difficulty paying bills, nearly 7 points more likely to expect lower credit-card repayment, and about 13 points more likely to consider but abandon a credit application.

Analysis

Immediate: fraud-response teams should treat a confirmed incident as a possible household-liquidity shock, not only a transaction-loss event. Next quarter: lenders can test whether verified fraud cases predict hardship requests, repayment changes, application abandonment or call-center demand after controlling…

A 0% offer needs a full-lifecycle comparison

Four-pay BNPL, a 12-month merchant-subsidized loan and a revolving private-label card cannot be compared on headline APR alone. Compare financed amounts and expected loan lives alongside price.

Analysis

Normalize merchant subsidy, duration, prepayment, expected losses, fraud, servicing, capital and repeat value. A low customer APR can coexist with healthy economics when the merchant contribution and risk profile support it.

ACH funds-availability change is now in effect

A Nacha rule effective September 18 removes the prior-day 5 PM receipt condition for the 9 AM availability requirement on non-Same Day ACH credits. Receiving institutions may need changes for files arriving late the prior day or in the early morning.

Uncertainty

…concerns non-Same Day ACH credit availability, not the effective date of Nacha’s separate fraud-monitoring changes. Limited time-zone exceptions apply; consult the rule for exact coverage.

AI shopping agents change the authorization evidence packet

Bank warnings about AI shopping bots bring scams, privacy, steering and customer recourse into focus. Agent adoption creates a new question: can an issuer reconstruct what the customer actually authorized?

Source

Reuters https://www.reuters.com/legal/litigation/banks-warn-ai-shopping-bots-raise-scam-fraud-data-privacy-risks-2026-09-22/

Credit Acceptance settlement puts affordability and dealer add-ons under scrutiny

Utah announced its participation in a Credit Acceptance settlement providing $694 million in cash restitution and canceled debt nationwide. The headline amount is not all cash. Utah's announcement identifies 124 affected consumers and approximately $1.9 million in state-related relief, including amounts paid directly to the state. The states alleged unaffordable lending and inadequate oversight of dealer add-on products; those allegations should remain attributed.

FTC examines how advertising systems amplify impersonation scams

The FTC is seeking input on whether to change its government and business impersonation rule or take other action concerning platforms’ ad-optimization practices. The inquiry includes advertiser vetting, monitoring, investigation and removal of fraudulent ads.

Summary

…practices. The inquiry includes advertiser vetting, monitoring, investigation and removal of fraudulent ads.

Mortgage performance improves, while foreclosure starts also rise

The OCC’s second-quarter report found 97.7% of covered first-lien mortgages current and performing, versus 97.5% a year earlier. Servicers initiated 7,904 foreclosures, up both sequentially and year over year.

Salt Lake City hosts AI banking and fintech conference September 29

The Utah Bankers Association lists the AI-Native Banking and Fintech Conference for September 29, 9 AM–6 PM Mountain Time, at the Ken Garff University Club at Rice-Eccles Stadium.

Analysis

…whether reported savings include review and integration costs. Seek mature credit and fraud outcomes alongside adoption claims.