08/18/2026
Since the founding of Byte Federal, we’ve taken a very hard stance against fraud. Protecting our customers and the integrity of our network has always been the number 1 priority.
Byte Federal’s Five-Layer Defense
While regulators debate upstream solutions, we’re protecting customers right now.
60%
of 60+ Customers Do Not Conduct a Transaction
Through proactive outreach, we conduct extended due diligence via live recorded calls with all customers aged 60 and older, in compliance with the USA PATRIOT Act. Current results, as of June 2026, indicate that 60% of these customers do not conduct a transaction.
KYC & Identity Verification
Government-issued photo ID verification with liveness detection for every transaction. No anonymous usage permitted.
Trained BSA Officer Monitoring
Dedicated BSA-trained compliance officers and support staff review transactions for signs of duress, coaching, or phone-guided behavior. Rule-based transaction monitoring flags unusual patterns for human review.
Mandatory Kiosk Warnings
Age-sensitive, on-screen scam education displayed before every transaction. Customers over 60 see enhanced warnings about common government impersonation scams.
Anti-Fraud Terms of Service
Terms explicitly prohibit coerced transactions. Customers must affirmatively confirm they are not being directed by a third party.
Live Outreach Calls to 60+ Customers
Byte Federal conducts extended due diligence via live recorded calls with all customers aged 60 and older, in compliance with the USA PATRIOT Act. As of June 2026, 60% of these customers do not conduct a transaction.