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.