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There is more concern about real-time payments than the data justifies Adoption of RTP has been slow thus far Nevertheless, many believe RTP will eventually replace check payments When it comes to payment fraud, fear and reality aren’t always aligned-a fact highlighted in the August 2025 report from PYMNTS Intelligence and The Clearing House, “Fact…

Fraud fears are slowing real-time payment adoption despite lower actual fraud rates. Most RTP fraud incidents are minor, thanks to modern detection systems. Advanced AI tools are making RTP safer and boosting confidence in adoption. Widespread anxiety about fraud is hindering the full-scale adoption of real-time payments (RTP) in the U.S., according to a recent…

“Money mules” are a much-used tool in fraud operations “Mule operators” are evolving along with technology Behavioral analytic systems are key for detection mule activity Money mules are a major component of fraud operations of organized crime rings. From opening legitimate accounts at financial institutions to depositing and extracting funds, they can be characterized as…

Social media is promoting a “deposit hack” This “deposit hack,” unfortunately, is simply check kiting Consumers must be careful about financial advice via non-credentialed sources Social media is known for resurrecting old trends, bringing nostalgia to the older generations and exposing them to the newer generations. Unfortunately, social media appears to be resurrecting some old…

A Valid Systems webinar explores Fighting Check Fraud in Real Time Session guests include Frank McKenna (FrankonFraud), Ronald Praetsch (About Fraud), La Shonna Sharp and Nickolas Ledford (VALID) Positive Pay can be “supercharged” for increased effectiveness Among those in tune with the check fraud landscape, there are some who strongly advocate Positive Pay as the…

the United States Federal Reserve has created and published two valuable new resources The Fed are proponents of a multi-layered tech approach Educating the industry is vital Recently announceed via LinkedIn, the United States Federal Reserve has created and published two new resources – the Check Fraud Mitigation Toolkit and Scams Mitigation Toolkit. Both are…

There are several security symbols on checks that can help detect fraudulent checks. These include microprinting, multi-colored backgrounds, and chemical reactive check stock OrboGraph’s upcoming Innovation Conference and Check Fraud Roundtable explore these issues, among many others A few weeks ago, we took a look at the re-emergence of check security symbols, noting that fraudsters…

FOX News recently covered the topic of check fraud The segment examined emerging techniques, including AI Some of FOX’s information requires clarification In a recent article, FOX News informs its readers on the dangers of check fraud, going through the basics of how it’s committed, while also explaining how AI is being utilized by fraudsters…

Have financial institutions waited too long to address check fraud? There has been a sharp increase in check fraud over the past two years A majority of bankers want regulators to outline clearer rules While various publications and other media point out the sharp increase in check fraud over the past few years, many industry…