Check fraud is growing at a shocking pace. In 2022, banks filed 680,000 check-fraud reports—nearly doubling the 350,000 reports filed in 2021.1
While check fraud is an age-old threat, its resurgence is catching even the most forward-thinking financial institutions (FIs) off guard.
In this guide, we explore what check fraud looks like in the age of digital banking, the impact on banks and credit unions and effective check fraud prevention best practices.
Validating account ownership for financial institutions, corporate, and government entities.
Consortium Data Sharing: A Valuable Tool in Fighting Fraud and Abuse explores the benefits and considerations of the use of consortium data in fraud prevention.
This blog has been updated. Originally published February 6, 2024.
Get a pulse on the current state of financial fraud attacks and prevention in this groundbreaking report with info and insights from 75 FI fraud execs.
Download this Case Study and learn how IncredibleBank benefited with an increase in customer retention after they adopted Zelle® as part of their customer experience.
Zelle® partners with Queer Eye star to bring together special guests and give away a total of $75,000 to contest winners via Instagram on December 17, 2020.