Pop culture figure Andy Cohen shared a harrowing experience on the Today Show, opening up about falling victim to a sophisticated scam. His ordeal serves as a painful reminder that fraudsters are …
The Warning Signs and Growing threat of New Account Fraud
In the world of deposit fraud, new account fraud is a frequent flyer because without an established history it can be easier for new account holders to sneak through. Fraudsters use existing people's …
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Watch Out for the Latest Treasury Check Fraud Tactics [Updated for 2024]
In the wake of the pandemic of 2020, the CARES Act represented a crucial financial lifeline for millions grappling with economic instability. However, this surge in government assistance also …
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How Logix FCU Safeguards Members and Optimizes Operations with Advanced Fraud Solutions
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 …
