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What happens if someone commits debit or credit card fraud? What are the penalties for card fraud? People who commit credit or debit card fraud can face jail time and fines, but the exact penalties ... Read More »

To understand credit and debit card fraud, you need to be aware of all the different words used to talk about credit cards, financial institutions, and fraud. If you bump into words you don't know ... Read More »

When credit or debit card fraud occurs, financial institutions generally take a few steps to investigate and report the fraud. Although the exact steps can vary, the process is relatively similar in most situations. Whether ... Read More »

If someone makes unauthorized charges on one of your customer's credit or debit cards, your customer may be responsible for some of the charges. However, in most cases, your financial institution is also liable for ... Read More »

At its simplest, credit card fraud can involve stealing someone's physical credit or debit card and using it to make purchases. However, that type of credit card fraud is becoming rarer by the day. In ... Read More »

Counterfeit checks include any checks that have been created fraudulently with the purpose of stealing money from someone. This category can include fake cashier's checks, money orders, personal checks, and business checks. In some cases, ... Read More »

Fraudsters use a variety of different types of check fraud to steal money from people and businesses. These are some of the most common types of check fraud that may impact your financial institution or ... Read More »

Thieves alter checks by changing the amount or the payee name. Then, they cash the check over the counter, deposit it into a new account and withdraw the funds before anyone detects anything or find ... Read More »

When you run a financial institution, you inevitably hear about money order and cashier's checks scams, and eventually, some of your customers may fall prey to these scams. Theoretically, your customers are responsible for losses ... Read More »

Savvy scam artists take advantage of the sense of security banking customers feel around cashier's checks and money orders, and they use fake money orders or cashier's checks to steal money from victims. In most ... Read More »