For many people, writing a cheque isn’t the first port of call when it comes to making a payment any more – but hundreds of millions of cheques are still written every year. The most recent data shows ...

Though only 61% of Americans wrote a check in the last year according to a 2024 survey, officials are still warning people about crime trends related to paper checks. It’s easy to see why; two men in ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. By integrating Mitek’s Check Fraud Defender, a consortium based check ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Despite the overall value of Unauthorised Cheque Fraud losses falling by ...

PADUCAH, Ky.--(BUSINESS WIRE)--In response to the rise in check fraud incidents across the country, CSI, a leading provider of end-to-end financial software and technology, today announced the launch ...

Online information safety concept. Increasing the quantity of fraud issues. The word Fraud against going up red chart graph. 3D illustration about hacker attacks. American consumers face mounting ...

SAN DIEGO--(BUSINESS WIRE)--Mitek Systems, Inc. (NASDAQ: MITK) today introduced MiControl, a comprehensive fraud management console that works with Mitek’s Check Fraud Defender. MiControl quickly ...

When writing cheques for a high-value payment, it's important to be aware of certain things to prevent misuse. To combat cheque-related frauds, the Reserve Bank of India (RBI) has implemented a system ...

While check fraud remains the most prevalent form of payments fraud and financial institutions including Regions Bank continue to report significant check-related losses, the spotlight is shifting to ...

If you're thinking about writing a check this holiday season, you may want to think again. While a convenient way to make a financial gift to a loved one, paper checks are also increasingly vulnerable ...

As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...

Financial experts are reporting an alarming rise in check fraud scams this 2023. At the time, crime rates in such instances increased to 400%. Thieves siphoned off a staggering $26.2 billion from ...