Matt Overin, Manager of Fraud Risk Management at the credit union, has extensive experience in the industry, lends a distinct perspective on the challenges and solutions necessary for effective fraud …
Your Check Fraud Training Investigation Checklist
Here at AFS arming banks and credit unions with the tools to investigate and prevent check fraud is the name of the game. Check fraud is a growing challenge for FIs, despite the modifications in …
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Communication Federal Credit Union Prevents Millions in Fraud Loss Thanks to Advanced Fraud Solutions
Communication Federal Credit Union (CFCU), originally Pioneer Bell Credit Union, was founded by employees of Southwestern Bell Telephone in downtown Oklahoma City in 1939. CFCU is a full-service …
The Alarming Rise of Check Washing Scams
Check washing scams are experiencing a frightening resurgence. Across the country, fraudsters are stealing checks and altering them to steal large sums of money. The number of reported cases in 2022 …
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Combatting Fraud: The Crucial Role of Financial Institutions in Contributing Deposit Data to Anti-Fraud Databases
In this guide, we'll explore the basics of using contribution data to enhance fraud prevention efforts. Specifically, we'll cover the following: By the end of this guide, you'll have a better …
What Can Banks Do To Protect Remote Deposit Capture As Mobile Banking Booms?
More U.S. consumers than ever are swiping and tapping to check their bank account balance, to transfer money or deposit a check. The result has been a mobile banking boom. To keep up with demand, …
