The advent of check images has married the check to the online channel. Experts advise banking institutions to set limits on check amounts, automate monitoring for anomalous check behavior and integrate check-fraud into anti-money-laundering controls and systems. Experts warn the industry can soon expect similar hacks waged against mobile RDC threats. Check fraud trailed only credit and debit fraud when it came to the number of incidents banking institutions said they dealt with last year, according to BankInfoSecurity’s fraud survey.”]
Source: https://www.cuinfosecurity.com/check-fraud-next-generation-a-4761