H.R. 9303 aims to amend the Electronic Fund Transfer Act by treating fraudulently induced electronic fund transfers the same way as unauthorized transfers. This bill updates definitions and consumer protections, ensuring better liability sharing between financial...
Simple Explanation
H.R. 9303 wants to make sure that when someone tricks you into sending money online, it should be treated the same way as if someone stole your money without you knowing, so banks have to help get your money back.