Check Return Schemes. Criminals will send what they claim is a paycheck or other payment by way of a check where they “overpay.” They ask you to deposit it, then return the “extra” money back before ...

The Nigeria Inter-Bank Settlement System (NIBSS) has identified five major fraud techniques that continue to dominate digital payment landscape, warning that fraudulent activities are becoming more ...

AI innovation is accelerating at a pace the world has never seen before and unfortunately providing just as many advancements for bad actors as it is for ...

In the fight against fraud, financial institutions are making concerted efforts to weed out vulnerabilities in their customer verification processes. But not all banks and credit unions are wholly ...

(StatePoint) The use of checks may be declining, but check crimes are actually on the rise due to new, creative criminal schemes. Once a check is stolen, it can be altered or signed on your behalf to ...

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 ...

A recently unsealed federal indictment in Oklahoma offers a detailed look into an alleged mail theft and check fraud conspiracy, highlighting methods fraudsters are increasingly using across the U.S.

Forbes contributors publish independent expert analyses and insights. Gary Drenik is a writer covering AI, analytics and innovation. Is Artificial Intelligence a friend or foe when it comes to fraud?