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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Advanced Fraud Solutions Celebrates 6th Appearance on Inc. 5000 Fastest-Growing Companies List
AFS is thrilled to share this shining achievement for 2023. Read below for the full media release on our Inc. 5000 accolade. Advanced Fraud Solutions, the foremost authority in payments fraud …
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 …
A Reflection on Fraud Trends in 2022
Looking back at fraud trends in 2022, we saw check fraud continue to be an issue. ACH and wire fraud have also seen an increase in the last year. Three key factors contributed to this growth: …
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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, …
