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Check Fraud: A Growing Problem

63 percent of surveyed U.S. financial institutions say they experienced check fraud in 2010. Only 34 percent say they are well equipped to fight these crimes. Check fraud is one of the top three fraud forms banking institutions face. The world is going to have to figure out how to keep check fraud, well, in check. Real-time check processing calls for more real-time detection, especially as more checks are imaged. It also means institutions need to ensure the check images they store are protected.”]

Source: https://www.inforisktoday.com/blogs/check-fraud-growing-problem-p-884

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