How mid-market and small financial institutions can combat check fraud.
While check usage has been declining for some time, check fraud has been on the rise. Fraudsters have continued to devise fraud schemes, using new technology to their advantage and reinvigorating old methods.
With new and reconfigured check fraud schemes, FIs must stay vigilant and adapt quickly to prevent losses. Although an issue that all financial institutions face, smaller FIs are being hit harder with losses caused by check fraud. It is critical that smaller FIs take steps to combat check fraud.
Watch our recent webinar to discover strategies to mitigate and prevent check fraud.
In this session, we’ll cover:
- Prevalent check fraud schemes
- The impact of check fraud
- Strategies for preventing check fraud