Protecting Against Check Fraud: How SENTRY: FraudSuite™ Safeguards Community Banks Like Guaranty Bank Check fraud remains a persistent and evolving threat for banks and financial institutions, often causing significant financial losses and customer dissatisfaction. Fraudsters ... Read More »
How the ABA Check Fraud Directory is Helping Banks Combat Rising Check Fraud Introduction: Check Fraud’s Rising Threat Check fraud continues to be a growing threat to financial institutions and their customers. According to industry ... Read More »
Mail Theft, Dark Web Sales, and Counterfeits: Combating Today’s Check Fraud Threats Check fraud is on the rise, and community banks and credit unions are frequently in the crosshairs. While digital payments have transformed the ... Read More »
How to Shift From Detection to Prevention Bank fraud is increasing, and bad actors are constantly refining their techniques so they can steal more money with less effort. Modern criminals don't need to learn coding ... Read More »
Fighting fraud requires data and insights, but it also requires collaboration. Unfortunately, bad actors often focus more on collaboration than banks. Criminals share their data and insights to find the most effective ways to commit ... Read More »
Just after the beginning of the year on the evening of January 16th, 2024, an armed man held up a postal worker. He demanded the worker's keys for public and apartment mailboxes along several routes ... Read More »
The right analytics are the foundation of a successful fraud detection and prevention strategy. By collecting and analyzing data about fraud incidents, you gain insights that you would not have if you looked at each ... Read More »
The digital age of banking is well established. Banking customers can open accounts online, make digital payments to nearly anyone, and even sign mortgage documents from their phones. To stay competitive, banks must offer digital ... Read More »
The American Bankers Association reports that the US Postal Service recovers more than $1 billion in fraudulent checks and money orders each year. The most significant threat right now is the rise of mail theft ... Read More »
The as-a-service (aaS) model is everywhere. You can get software, infrastructure, platform, disaster recovery, cyber-security, and countless other items as a service. This model gives customers access to products that they traditionally couldn't afford on ... Read More »