Modernizing Check Fraud Detection Blog

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 ...

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 ...

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 ...

Acquisition brings three decades of AI and machine learning expertise to integrate fraud detection capabilities across Kinective's client base of more than 4,000 financial institutions PHOENIX (March 31, 2026)-Kinective, the company delivering intelligent banking to over 4,000 banks and credit unions every day, today announced its acquisition of OrboGraph, an ...

Download PDF Copy of the Newsletter OrboGraph Publishes New Analysis of Suspicious Activity Reports (SARs) Trends For years, the industry relied on the American Bankers Association's (ABA) Deposit Account Fraud Survey as the central source for fraud trends. However, with the last report being published back in 2020 based on 2018 data, ...

Recognition honors measurable impact in combating check and deposit fraud through advanced AI BURLINGTON, MA - March 26, 2026 - OrboGraph is pleased to announce it has been named a winner in the 2026 Artificial Intelligence Excellence Awards in the category of Fraud Detection and Prevention. Presented by the Business ...

Visa reports checks drive nearly one-third of U.S. fraud losses, outpacing digital Criminals now blend check washing and social engineering with faster payment scams AI image forensics plus behavioral analytics help banks contain cross-channel check fraud In a new PYMNTS post, Visa's Michele Herron warns that even as digital payments ...

Lawmakers again spotlighted soaring fraud as banks warn defenses lag behind Trump's new executive order mandates an aggressive, coordinated national anti-fraud strategy Banks should not rely on government alone; invest in advanced AI defenses On March 5, 2026, the industry saw banking executives appear in front of the United States ...

Miami Gardens crew used stolen USPS arrow keys to steal, alter, and deposit checks Police uncovered $1.7M in stolen checks, drugs, weapons, and victim data after gunfire call The case underscores rising arrow-key mail theft, expanding check fraud risk nationwide Recently, we posted a blog on the topic of lower ...