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Peer-to-peer (P2P) payments have become increasingly popular over the last few years, and banking customers demand the ease of these services. Unfortunately, however, instant payments are also ripe for fraud, and when someone becomes a ... Read More »

Payment fraud presents a significant threat to financial institutions. Constant vigilance is critical if you want to protect your customers and your organization from this type of fraud, but what do you need to watch ... Read More »

When thieves take over a bank account, they may use it to make fraudulent purchases, deposit and cash forged checks, write checks to themselves, or for all kinds of other nefarious purposes. Account takeover is ... Read More »

Banks face a significant risk of payment fraud. They must contend with traditional types of payment fraud like check fraud, but they also need to deal with the growing threat of instant payment fraud. With ... Read More »

Check-washing scams are on the rise again. Across the country, thieves are stealing checks from victims' mailboxes, "washing" off the ink with a chemical solution, and writing out checks to themselves in larger amounts. Last ... Read More »

Fraud detection and prevention tools cannot always work on their own. To be as effective as possible, they need humans involved in the process. Humans review potentially fraudulent activities that have been flagged by the ... Read More »

Many signs indicate that the world is heading toward a recession. Economists have varying opinions on the severity and timing of the recession, but the majority say that it's coming. Rising inflation, falling stock prices, ... Read More »

Artificial intelligence has changed how we live. It permeates our everyday lives in countless different ways. AI dictates the playlists on our music apps, the posts in our social media feeds, and the results of ... Read More »

Bank fraud notably increased during the pandemic, but financial institutions aren't just facing more fraud, they're also paying more to deal with it. When Lexis Nexis interviewed over 500 risk and fraud management executives in ... Read More »

The longer fraud goes undetected, the more it costs and the more damage it creates. To protect your financial institution, you need strong detective controls. Here are nine critical controls that you should be using ... Read More »