The changing landscape of check fraud is fraught with criminals leveraging cheap, low-tech tactics.
In 2020, check fraud was down, due in part to branch closings and the migration to digital payment methods. However, checks were still the payment method most impacted by fraud. A new report from Advanced Fraud Solutions, The Changing Landscape of Check Fraud, explores how fraud operators in 2021 continue to take advantage of inexpensive technology, social engineering tactics, and remote business practices to engage in illegal and deceptive fraud practices. Learn how financial institutions can better protect themselves and their customers and members from fraudulent checks. Download the report below.
What You’ll Learn
- New types of new and evolving fraud tactics that are used to scam a company, or its employees, clients or associates and ways to spot them;
- Best practices for financial institutions and businesses to mitigate the risks of payments threats proactively and continuously; and,
- How TrueChecks® — the industry’s largest check fraud database and leading check fraud prevention solution — can help mitigate fraud.
Download the White Paper