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Online EducationABA Banking Journal: Lawmakers introduce deposit insurance reform billsMarch 25, 2026
The Main Street Depositor Protection Act would raise the deposit insurance coverage limits for noninterest-bearing transaction accounts from $250,000 to $5 million for certain banks and credit unions. The legislation was reintroduced in the Senate by Sens. Angela Alsobrooks (D-Md.), Bill Hagerty (R-Tenn.) and others, and introduced in the House as a companion bill by Rep. Frank Lucas (R-Okla.). The legislation was previously introduced last year in the Senate, although that bill proposed raising the limit to $10 million. In addition, Republicans on the House Financial Services Committee announced the introduction of three related bills. They are:
Back to TopABA Banking Journal: Tech industry giants sign voluntary agreement to fight scams, fraudMarch 24, 2026
The seven-page document lists several voluntary principles and actions the signatories agree to take to fight fraud, including enforcing anti-scam policies in a “timely manner” and increasing public education efforts. The accord also calls on governments to formally declare scam prevention a national priority. The American Bankers Association has called on social media companies to do more to protect their users from scams, and it supports the SCAM Act, which would require social media companies to verify advertisers’ identity, implement systems to detect fraudulent advertisements, and investigate and remove fake ads. ABA has noted that while banks have taken numerous measures to protect consumers, social media companies do little, if any, vetting of the ads that appear on their platforms. The accord urges policymakers to “review and harmonize” existing regulatory frameworks. However, it also seeks “Good Samaritan” liability protections to shield companies “acting in good faith to prevent or disrupt scams from undue civil or criminal liability or regulatory penalties.” Other signatories include Adobe, OpenAi, Microsoft, Target and LinkedIn. Back to TopABA Banking Journal: ABA HSA Council supports legislation to help lower costs for family caregiversMarch 25, 2026
The bipartisan legislation would allow a family caregiver who has a health savings account, flexible spending account, health reimbursement account, or Archer medical savings account to use account funds for the qualified medical expenses of a parent or parent-in-law, in addition to an individual’s spouse and dependents, as currently permitted by law. According to the letter, which was signed by ABA’s HSA Council, U.S. family caregivers spend more than $7,200 out of pocket annually, on average, caring for a loved one (about 26% of their income). Nearly half of family caregivers have experienced at least one negative financial impact, such as stopping saving or using up short-term savings, taking on more debt, leaving bills unpaid or paying them late, borrowing money from family and friends, or struggling to afford basics expenditures, the letter said. “This legislation would be an important step to help alleviate the financial challenges that millions of family caregivers experience every day, particularly those in the ‘sandwich generation’ who are caring for both their parents and their own children,” the signatories wrote. Full ArticleBack to TopCISA News: Researchers: Meta, TikTok Steal Personal & Financial Info When Users Click AdsTracking pixels let social media companies spy on their users even after they click over to advertiser sites, gleaning credit card info, geolocations, and more, according to an analysis.March 18, 2026 | Nate Nelson
Social media companies are weaponizing ad tracking pixels to collect extensive personal information about users when they visit advertisers' websites, even if those users expressly request that those sites do not share their data, researchers are warning. Cybersecurity professionals call software programs infostealers when they steal victims' information — like their personally identifying information (PII), credit card details, and more — without their consent. Then, usually, hackers will use that information to make money. By that definition, if new research from Jscrambler is to be believed, the two most prolific information stealing operations on the planet are not nominally cybercriminal; they're legal corporations like Meta and TikTok. "The main difference between pixel scripts and 'real' infostealers is that pixel scripts have a privacy policy and some configuration settings, so the description isn't far off," says Jscrambler head of security research Gareth Bowker. The world's largest social media companies use the guise of advertising analytics to exfiltrate sensitive information about anyone who clicks ads on their platforms. Not only is the extent of it gluttonous — full names, locations, credit card numbers, behavioral data, and much more — but according to the cybersecurity company's report, it happens regardless of the victim's explicitly defined data sharing preferences. That, the researchers argue, could be a serious violation of multiple data privacy laws, not just by Meta and TikTok, but by any advertisers that consent to run these malicious scripts.
In a statement to Dark Reading, a Meta spokesperson characterized Jscrambler's report as self-promotional clickbait. Without addressing any specific findings, they argued that it "misrepresents standard digital ad practices and how the Meta Pixel works — and ignores Meta’s privacy controls and that our policies prohibit sharing sensitive data with us."
Meta, TikTok Spy on Their Users
To make the most out of their social media marketing, many companies are willing to sign a deal with the devil. Beside just paying companies like Meta and TikTok to run their ads, they'll also incorporate those companies' tracking pixels into their own websites, which scoop up user data helpful for tracking the results of those ad campaigns. According to W3Techs, 9% of all websites run the Meta pixel, and 0.7% the TikTok pixel.
Tracking pixels are snippets of Javascript code linked to transparent, single-pixel images injected into a website. Whenever a site loads the invisible image, the script runs and exfiltrates the user's data to the service provider's servers. The service provider then packages this data into profiles of individual Web surfers, and uses it to allow advertisers to perform more invasive microtargeting. Because website owners consent to this arrangement, and because social media users blindly accept interminable-by-design privacy policies, it's widely considered controversial, if short of malicious. [...]
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Lawmakers in the House and Senate today announced the introduction of four bills to revise the deposit insurance framework, with a focus on noninterest-bearing transaction accounts.
Google, Meta, Amazon and other tech industry giants recently signed a voluntary accord pledging to take “proactive actions” to fight fraud and scams on their platforms and increase cooperation with law enforcement to identify financial fraud.
A group of 95 organizations, led by AARP, recently 
