Risk Management Preventing Payments Fraud with a Multi-Defense Strategy In our fast-paced digital world, payments fraud has become a ubiquitous component of everyday business operations. In fact, 79 percent of organizations have experienced fraud attempts, according to Truist’s 2025 AFP survey. It’s an unfortunate reality, and while it may seem like an insurmountable challenge, there are measures
Risk Management Identifying Fraud Red Flags at Your Financial Institution Artificial Intelligence (AI), synthetic identities and in-person fraud at financial institutions are just a few of the schemes that are popping up in today’s climate, according to Experian’s Fraud Trends 2024 – Experian’s Future of Fraud Forecast. While these specific scams may be new, the concept of fraud
Payments International Fraud Awareness Week: Credit-Push Fraud Spooky season is behind us, but that doesn’t mean there aren’t still people masquerading themselves as someone they’re not. In fact, people disguising themselves and pretending to be someone else is quite common, especially when there is an opportunity for financial gain. According to the Federal Trade
