'PA Money Talks' Launched to Address Finance, Consumer Protection, and Regulatory Issues and Trends

HARRISBURG, Pa., Jan. 10, 2018 /PRNewswire-USNewswire/ -- Secretary of Banking and Securities Robin L. Wiessmann today announced the launch of a blog, "PA Money Talks," which will help consumers and businesses become better informed about the financial services marketplace.

"This new communication tool will harness the department's resources to deliver pertinent, timely, and useful information to consumers and stakeholders," said Wiessmann. "'PA Money Talks' will provide research, perspective, and insight that help consumers better understand financial services, products, companies, and transactions; help businesses better understand compliance and financial services industry issues; and to help media and elected officials better understand the issues facing financial services regulators."

The inaugural blog post focuses on a topic that continues to be a top priority of the department and one that Wiessmann has been addressing since her arrival at the department in 2015: cybersecurity.

"We are living in an age where technology has made simple tasks easier and complex functions more convenient. However, along with these advances in technology, the associated risks to consumers have evolved and become more challenging," writes Wiessmann. "People's identities can be stolen, their bank accounts drained, and their credit ruined by criminals in distant lands over the course of weeks, months, or even years."

Wiessmann said she expects "PA Money Talks" to address a wide range of issues in bi-monthly posts, including homeowner challenges, protecting senior citizens from financial abuse; financial technology trends, fiduciary duties of investment advisers, women in finance, financial challenges facing the military community, and the challenges facing people without access to traditional financial services.

The blog can be accessed through the department's Facebook, Twitter, and LinkedIn, or directly on the department's website: www.dobs.pa.gov/PaMoneyTalks/Pages/Blog.aspx

Anyone can contact the Department of Banking and Securities at www.dobs.pa.gov or 1-800-PA-BANKS (or 1-800-600-0007) to ask questions or file complaints about financial transactions, companies, or products.

MEDIA CONTACT: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking and Securities