Establishes the Financial Crimes Intelligence Center to combat payment fraud in Texas.

The bill establishes the Financial Crimes Intelligence Center within the Texas Department of Licensing and Regulation. The center aims to coordinate law enforcement and governmental agencies in combating payment fraud, including through the use of skimmers. It can collaborate with federal, state, and local agencies, assist various entities in developing fraud prevention strategies, and release non-sensitive information to affected parties. The center can also collect and share information on payment fraud, provide training, and conduct public outreach.

Establishes the Financial Crimes Intelligence Center to combat payment fraud in Texas.

The bill establishes the Financial Crimes Intelligence Center within the Texas Department of Licensing and Regulation. The center aims to coordinate law enforcement and governmental agencies in combating payment fraud, including through the use of skimmers. It can collaborate with federal, state, and local agencies, assist various entities in developing fraud prevention strategies, and release non-sensitive information to affected parties. The center can also collect and share information on payment fraud, provide training, and conduct public outreach.