Despite the prevalence of digital alternatives, checks continue to be a preferred payment method for many organizations. PYMNTS Intelligence research underscores this trend, revealing that...
Fraud and risk platform DataVisor says it has launched a partnership with identity verification provider Mitek. The collaboration gives financial institutions (FIs) a single-platform check fraud protection service, the...
For the bad actors, check fraud is en vogue. For consumers, and for banks, the rising embrace of disbursements may have a positive knock-on effect:...
Despite the growing adoption of digital payment solutions worldwide, financial institutions (FIs) continue to process billions of checks each year, setting the stage for a...
Digital payments may be growing in popularity, but the use of paper checks persists. So too does check fraud, which reached record levels in 2023....
B2B payment platform OnlineCheckWriter.com has launched a new security feature. The automated Positive Pay service streamlines cash management and boosts fraud detection for businesses, the company said in a...
The Financial Crimes Enforcement Network (FinCEN) is warning banks of a nationwide surge in check fraud. “Criminals have been increasingly targeting the U.S. Mail and...
The old-fashioned check looms as a 2023 flashpoint in the battle vs. the fraudsters. Criminals steal checks from mailboxes. Enter the search term “check washing”...
Everything’s digital now, and paper check fraud hails from a bygone age, right? Wrong. Data finds the exact opposite, as the glaring problem...