Modernizing Omnichannel Check Fraud Detection

Visa is fighting fraud at the network level-banks must match that scale Criminals share data across rails; fraud defenses need to do the same OrboGraph’s check image intelligence closes a critical blind spot for banks In a recent interview, James Mirfin, SVP, Head of Risk and Security Intelligence Solutions at Visa, spoke with PYMNTS CEO Karen Webster about Visa’s network-level…

Financial fraud is no longer a rare event; for many consumers, it is a persistent risk that shapes how they interact with their financial institutions. The emotional fallout from scams–shame, fear, and loss of trust–directly influences customer behavior, and that behavior is precisely where banks and credit unions must focus to strengthen deposit fraud defenses.…

Payments fraud remains widespread, with a slight decline from prior years Checks are still the most targeted payment method for fraud attacks Organizations plan to keep using checks, demanding stronger layered fraud defenses This week, The Association for Financial Professionals announced the release of their 2026 AFP Payments Fraud and Control Survey report. The report,…

Positive Pay still relies on manual file uploads, overburdening business customers & limiting adoption Banks lean on complex PDF “quick guides,” turning Positive Pay setup into an IT project TMonit’s CheckSync & OrboGraph solutions automate & modernize Positive Pay to strengthen fraud prevention Positive Pay, as currently deployed by many financial institutions, is stuck in…

Scams now hit an estimated 57,000 Americans every day, driving tighter fraud controls Nacha’s 2026 near real‑time ACH monitoring rule is accelerating fraud-AML convergence True FRAML value comes from shared data and joint focus on scams and mule networks A recent BankInfoSecurity article by Suparna Goswami highlights how scams now hit an estimated 57,000 Americans…

Survey shows consumers overwhelmingly trust banks as their primary fraud defenders Respondents want stronger government action forcing social media & telecoms to fight fraud Stopping check fraud means banks must pair consumer education with advanced analytics & forensics A new infographic — based on research conducted by Morning Consult and published by American Bankers Association…

Every B2B payment type faces rising fraud risk, demanding vigilant CFO oversight Paper checks remain fraudsters’ favorite target AI-driven controls and automated verification help enterprises detect sophisticated scams across all channels. Fraudsters are known to be relentless in their search for vulnerabilities within any technology or process. Many financial institutions are keenly aware of this;…