Back with a vengeance: The challenges of check fraud
Understanding the rules surrounding returns as the number of cases skyrockets.
Tag: Fraud
FinCEN issues alert for check fraud via USPS
Working with the U.S. Postal Inspection Service, FinCEN identified red flags to help banks detect, prevent and report suspicious activity ...
FTC: Consumers lost $8.8 billion to scams in 2022
Consumers lost nearly $8.8 billion to scams in 2022, representing a 30% increase from the previous year, according to Federal ...
Report: Skimming fraud exploded in 2022
U.S. card skimming grew by nearly 500% in 2022 and is showing signs it will grow even faster this year, ...
ABA expert: Banks can’t fight check fraud alone
Check fraud is big problem that’s getting worse, American Bankers Association SVP Paul Benda told CNBC for a recent news ...
Fake people, real threat: Banks scramble to strengthen digital verification
Banks seeking to strengthen their digital identification verification processes face complex challenges.
Mobile apps: Ensuring BSA and FFIEC compliance
Protections for mobile apps must have the capability to recognize and block the tools that criminals use and abuse to ...
Adaptable fraud strategies help banks lend with confidence in a down economy
Prioritizing a smooth customer experience while protecting against attacks.
ABA, associations support FTC proposal against impersonators
The American Bankers Association and five financial and health care industry associations last week expressed support for a Federal Trade ...
FTC data: Younger consumers more likely to report fraud
Consumers under 60 years old most often said scams originated from posts on social media.
