HERNDON, VA, January 18, 2022 – Advanced Fraud Solutions is now a Nacha Preferred Partner for Account Validation. In becoming a Preferred Partner, Advanced Fraud Solutions joins a select group of …
Main Content
TrueChecks® has been a positive addition to the teller line. It is simple to use and alerts our tellers to possible fraud right at the time of presentment. TrueChecks® is one of our new favorite tools in fighting fraud!
Since implementing TrueChecks®, Yakima Federal Savings has all but eliminated losses due to counterfeit checks. TrueChecks® makes it much easier for staff to make the decision about whether or not to accept a check.
We are ecstatic about how TrueChecks® enables our tellers and identifies unusual banking behavior at the point of presentation.
2022: Changing Landscape Of Check Fraud
Paper checks remained relatively unchanged, but the methods for check deposits have not. Over the past two years, digital payments and deposits have become ubiquitous. In parallel, fraud, too, has …
Continue Reading about 2022: Changing Landscape Of Check Fraud →
Payment fraud’s holiday hangover
By Lawrence Reaves, President and CEO at Advanced Fraud Solutions The most wonderful time of the year is also the most dangerous for payments. Fraudulent payments and payment scams …
