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Home Compliance and Risk

ABA Fraudcast: Developing a hybrid approach to fighting check fraud

A mid-size bank hunts for the sweet spot with training, software and plenty of patience.

March 20, 2025
Reading Time: 1 min read
CFPB: Paycheck advance products subject to Truth in Lending Act, Reg Z

What does fighting check fraud cost banks? How do banks find success in that struggle? In the latest episode of the ABA Fraudcast, ABA’s Paul Benda continues to explore the challenges of a metastasizing problem for banks, with his guest Sam Drennen, EVP and COO of First American Bank and Trust in Georgia. Drennen discusses ways his bank has learned hard lessons defending against criminals focused on a payment mode that has resisted extermination.

The ABA Fraudcast will be published every three weeks, on this site, in ABA Daily Newsbytes and wherever you listen to and subscribe to your favorite podcasts.

  • If you can’t see the audio player above, click here to listen to this week’s episode.

Check out important ABA resources on this topic for banks at aba.com/checkfraud. The recently remodeled ABA Communities provide opportunities to share insights and resources with fellow bankers. 

Paul Benda
ABA EVP
Host, ABA Fraudcast

 

Tags: ABA FraudcastCheck fraudFinancial crimes
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