Payments fraud has been around for as long as humans have used payment tools for commerce. The key for financial institutions has been to stay a step ahead of fraudsters. Though check usage is down, consumers continue to write checks, and check fraud costs consumers and financial institutions more than $1 billion each year.¹
Discover what your branch staff and customers need to know about check fraud, including:
- Important check security features to look for on checks
- Common types of check fraud criminals use
- How to boost mobile deposit adoption
Download this guide to learn how to keep your institution and customers alert to
12020 AFP Payments Fraud and Control Survey.