06/02/2026
“We want to give banking institutions, as well as folks who have accounts at banks, the ability to protect against fraud, really through the means of early detection,” said Senator Zach Duckworth.
He says his bill, Senate File 4652, is a common-sense anti-fraud measure. It allows banks to establish ‘trusted contact’ programs.
“If a bank were to see something that seemed to be potentially fraudulent and they try to contact the owner of that account and they weren’t able to get a hold of them - the bill allows the owner of that account to also name somebody else that can be contacted by the bank to then notify that person say, ‘We think that something might be happening with this account that you should be aware of.’”