# Financial Agencies Expand Fraud Prevention

Federal financial agencies are expanding fraud prevention through interagency data sharing, identity verification, and broader use of the Treasury Department’s Do Not Pay system. The article reported that participation had reached 99% of government programs at the time of publication. It identifies no specific solicitation or contract, but points to demand for technologies and services that help agencies detect fraud earlier while managing data-sharing and privacy considerations.

- Contractors can position fraud analytics, identity and document verification, interoperable APIs, and dashboards around agencies’ stated prevention and data-sharing needs.
- Solutions should support appropriate use of shared data and Privacy Act-compliant processes, as these are central considerations in the collaboration described.
- Because no procurement or solicitation is identified, businesses can use this signal to shape capabilities and agency engagement rather than treat it as an active bid opportunity.

**Jurisdictions:** federal
**Industries:** Information Technology
**Topics:** Digital Infrastructure, Regulatory Compliance
**Published:** October 23, 2026

### Government Entities
- U.S. Department of the Treasury (Treasury)
- Federal Deposit Insurance Corporation (FDIC)
- Export-Import Bank of the United States (EXIM Bank)
- Social Security Administration (SSA)
- Office of Management and Budget (OMB)

### Key Quotes
> Once [the data is] shared, [agency leaders need to make sure] it’s used in the right way.
> — Hussain Jabalpurwala

> And that little API, in and of itself, has stopped tens of millions of dollars in fraud, but also loss of lifeline payments to Social Security recipients.
> — Justin Marsico, Executive Director of Financial Integrity

> It’s all about prevention, and I think that has gotten into the forefront of the conversation about fraud.
> — Eric Rivera, Assistant Inspector General for Audits

### Sources
- [Fighting fraud at financial agencies is ‘all about prevention’ and collaboration | FedScoop](https://fedscoop.com/financial-agencies-fighting-fraud-treasury) - FedScoop