DEFEND Webinar: Effective Strategies to Fight the Rise of Check Fraud

While there are numerous payment options and everyone’s going digital, checks are still a big part of the American financial ecosystem. Since the pandemic, there has been an alarming rise in check fraud. Check fraud doubled in 2022 as FIs filed over 680,000 check fraud SARs and the same pace continued to 2023. In February 2023, FinCEN issued alerts and guidelines aimed at bolstering the financial sector’s defenses against mail theft-related check fraud. As perpetrators continuously refine their tactics, it is imperative for organizations to fortify their defenses and adopt proactive measures to mitigate the risk of falling victim to check fraud. 

This webinar is tailored for businesses and financial institutions seeking to enhance their fraud prevention strategies and protect their financial assets. Participants will gain valuable insights into the various forms of check fraud, including counterfeit checks, altered checks, and forged signatures, accompanied by pertinent case studies highlighting the detrimental impact of such schemes on organizations.

You’ll learn: