Wire fraud, including Business Email Compromise (BEC), is a growing threat during the COVID-19 crisis as criminals exploit disrupted business processes, cloud-based email services and more. Financial institutions must vigilantly...
Defying the Digital Revolution: Conventional Check Fraud Continues to Challenge Financial Institutions
November 26, 2019 by Verafin
Despite the current prominence of digital banking channels, check fraud remains a popular means for criminals to exploit financial institutions and their customers. Fraudsters’ options in this vein are...