Check Fraud: Innovating to Advance Prevention​

In 2023, $21 billion, or 80%, of global check fraud took place in the Americas, primarily the U.S. As complex fraud scenarios such as washed and altered checks grow increasingly prevalent, financial institutions need an innovative solution that is continuously improving, using consortium data to enable machine learning and insight into deposit-side risk.

This slide deck covers the challenge of check fraud today, and the power of a multi-faceted approach to prevention — leveraging images, behavioral transactions, and insights into customer risk on both sides of a transaction for more effective detection with fewer false positives.

  •   Check Fraud
  •   Collaborative Frameworks
  •   Deposit Fraud
  •   Fraud

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