InfographicA Picture is Worth a Thousand FraudsGlobal check fraud is a $26.6B problem, and 80% of those losses occurred in the Americas. However, many suspicious check fraud typologies can be identified... |
BlogForged Endorsement: The Signature Aspects of the CrimeFebruary 27, 2025 by Nasdaq Verafin Checks stolen from the mail and fraudulently endorsed accounted for 20 percent of the check fraud reported in FinCEN’s recent Financial Trend Analysis. Known for its unsophisticated methodology, stolen checks deposited with a forged signature are incredibly difficult to identify... |
Slides2024 Fraud Trends & TechnologyProduct Expert Corey Lynch and Head of Product Marketing for Fraud Susan Park explore the financial crime management challenges of 2024, fraud trend considerations for... |
On-Demand Webinar2024 Fraud Trends & TechnologyOriginally Presented: December 11, 2024 In this special session Product Expert Corey Lynch and Head of Product Marketing for Fraud Susan Park explore the financial crime management challenges of 2024,... |
BlogCheck Fraud: Imitation is the Greatest Form of ForgeryNovember 26, 2024 by Nasdaq Verafin In today’s digital age, the old saying, “a picture is worth a thousand words,” takes on new meaning, especially in the realm of check fraud detection. Fraud investigators recognize checks as the payment method most susceptible to exploitation — and... |
BlogConsortium Analytics and Machine Learning: A New Frontier in Check Fraud DetectionJuly 11, 2024 by Colin Parsons The financial industry has been tackling the issue of check fraud for many years using outdated technology and siloed approaches. With the increase in check fraud, estimated at over $26 billion in losses globally, we need a new solution that... |
White PaperPayments Fraud: Collaborating to Combat an Industry ChallengeFinancial institutions are struggling to stay ahead of evolving scams on multiple payment rails, from wire to ACH, instant payments and check, with criminals leaning... |
On-Demand WebinarCheck Fraud: Innovating to Advance PreventionOriginally Presented: June 26, 2024 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... |
SlidesCheck Fraud: Innovating to Advance PreventionIn 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... |
On-Demand WebinarFighting FraudOriginally Presented: January 5, 2024 Fraud is growing increasingly complex. Amid sophisticated authorized push payment scams, surging check fraud, and limited visibility into illicit activity, collaboration between financial institutions is... |