checks

Following tradition, we're taking a look back at your favorite articles from this year as we BID adieu to 2024. Check fraud was a hot topic this year, and this BID from February started our foray into the conversation. Despite advances in technology, check fraud is on the rise across the US. Given the significant impact on CFIs and their customers, we suggest ways in which CFIs can reduce exposure to fraudulent activity.

Despite advances in technology, check fraud is on the rise across the US. Given the significant impact on CFIs and their customers, we suggest ways in which CFIs can reduce exposure to fraudulent activity.

CFIs can help protect customers from check washing scams by offering practical tips and encouraging safer payment options. We detail how.