Check fraud is escalating – but what is the real barrier to stopping it? Criminals are using advanced technologies to alter stolen checks, making fraudulent checks harder to detect and significantly more expensive if overlooked.
This white paper, which draws insights from American Banker’s survey of more than 120 banking risk and fraud professionals, presents a powerful solution.
You’ll learn:
- The most significant challenges to effective check fraud prevention
- How alert overload reduces banks’ ability to respond effectively
- Common missteps banks make when enlisting customers in fraud prevention
- Proven methods for effectively engaging customers to help them become a key part of the fraud defense
