News Fraud & Disputes Eight Risk Factors That Can Predict Identity Theft 3/8/2023 Fraud expert Frank McKenna has uncovered the eight risk factors that can predict identity theft. Read more Tags: Fraud & Incident Management, Fraud, Fraud Mitigation, Identity Theft
News Fraud & Disputes Slam the Scam During Consumer Protection Week! 3/1/2023 National Slam the Scam Day, March 9, 2023, helps raise awareness and prevent scammers from succeeding in their crimes. Read more Tags: Fraud & Incident Management, Fraud, Government Payments, consumer protection, Scams, government, FTC, Fraud Mitigation, Federal Trade Commission, Social Security
News Fraud & Disputes FinCEN Issues Alert on Surge in Mail Theft-Related Check... 2/27/2023 FinCEN has isssued an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail. Read more Tags: Fraud & Incident Management, Check, Fraud, fincen, money laundering, Fraud Mitigation, check fraud, AML
News Payments Strategy Fraud & Disputes FedNow Will Raise the Bar on Fraud Management 2/22/2023 Fraud management features, a high priority for financial institutions, are being tested along with transaction flows in the countdown to the launch of... Read more Tags: Fraud & Incident Management, FedNow, Fraud, Fraud Mitigation
News Avoid Romance Scams This Valentine’s Day 2/8/2023 If someone you meet online needs your bank account information to deposit money, they are most likely using your account to carry out other theft and fraud... Read more Tags: Fraud & Incident Management, Fraud, Scams, FTC, Fraud Mitigation, FBI, Federal Trade Commission, romance scams
News Fraud & Disputes Identity Theft Awareness Week Helps You Fight Back 1/25/2023 As unique as we each are, we all look the same to identity thieves: like good targets. Read more Tags: Fraud & Incident Management, Fraud, Cyber, Cybersecurity, Cybercrime, crime, FTC, Fraud Mitigation, Identity Theft, Federal Trade Commission
News Fraud & Disputes Ten New Year’s Resolutions to Fight Fraud 1/3/2023 Fraud.org offers some novel fraud-fighting resolutions to ring in the new year! Read more Tags: Fraud & Incident Management, Fraud, Fraud Mitigation
News Fraud & Disputes Fraud on P2P Networks Hits 12% of Bank Customers in the U.S. 12/28/2022 Some 12% of U.S. customers have lost money to fraud on a peer-to-peer payment network, while 11% have seen it happen to a family member. Read more Tags: Fraud & Incident Management, Zelle, Fraud, p2p, PayPal, Venmo
News Payments Strategy Fraud & Disputes Phixius Processes 2 Millionth Transaction 12/21/2022 Nacha's Phixius service has announced that financial institutions and service providers have processed more than 2 million payment-related... Read more Tags: Risk, Risk Management, Fraud, Nacha, API, Phixius
News Fraud & Disputes Avoid Charity Scams During the Holidays 12/21/2022 The holiday season is a time for cheerful giving, but make a donation plan that includes spotting and avoiding scams. Read more Tags: Fraud, Charitable, Scams, FTC, charity
News Fraud & Disputes ’Tis the Season to Avoid Gift Card Scams 12/14/2022 Keep your hard-earned money safe from scammers this holiday season by spotting and avoiding gift card scams. Read more Tags: Fraud & Incident Management, Fraud, Scams, FTC, Fraud Mitigation
News Fraud & Disputes FedPayments Reporter Service Reduces Check Fraud Risk 11/30/2022 Checks continue to be the payment method that fraudsters use most often to infiltrate organizations, according to the Association of Financial Professionals... Read more Tags: Check, Fraud, Fed, Federal Reserve, Fraud Mitigation, check fraud
News Fraud & Disputes New Module Added to Synthetic ID Fraud Toolkit 11/23/2022 The latest addition to the Federal Reserve's Synthetic Identity Fraud Mitigation Toolkit, Module 9: Fraud Mitigation Service Providers, offers... Read more Tags: Fraud, Federal Reserve, Fraud Mitigation, Synthetic Identity Fraud
News Fraud & Disputes The War on Check Fraud is Led by a $2 Pen 10/25/2022 Check fraud is booming, but the answer may be a $2 pen that thwarts attempts at chemically removing the ink! Read more Tags: Check, Fraud, check fraud
News Fraud & Disputes Protect Yourself During Cybersecurity Month and Beyond! 10/5/2022 October is Cybersecurity Awareness Month so we are sharing these five things that you and your customers or members can do to protect yourselves... Read more Tags: Fraud, Cybersecurity, Cybercrime, FTC
News Fraud & Disputes Only Scammers Demand Utility Payments in Cryptocurrency 8/18/2022 It’s never a good time to have your utilities shut off. But during the hot summer months, the threat of having no power can be especially miserable:... Read more Tags: Fraud & Incident Management, Digital Currency, Fraud, consumer protection, crypto
News Payments Strategy Fraud & Disputes Evaluate Your Fraud Management Approach as You Prepare... 8/10/2022 As with any type of payment, the potential for fraud exists with instant payments. Financial institutions are the first line of defense against instant... Read more Tags: FedNow, Faster, Risk Management, Risk Mitigation, Fraud, Assessments
News Fraud & Disputes Key Practices to Reduce Improper Payments through... 7/28/2022 A group of federal agencies working under the Joint Financial Management Improvement Program (JFMIP) has released a report identifying verification... Read more Tags: Risk Management, Risk Mitigation, Fraud, Government Payments, unemployment, Scams, government, covid
News Fraud & Disputes New Interactive Assessments for Synthetic ID Fraud 7/20/2022 Synthetic identity fraud can pose serious consequences for both organizations and individuals. To mitigate this type of fraud, we must first be able... Read more Tags: Fraud, Synthetic Identity, Cyber, Cybersecurity, consumer protection, Assessments, Cybercrime, Scams
News Fraud & Disputes Fraudsters Take Advantage of High Gas Prices 7/20/2022 Scammers use consumers’ financial anxieties to lure them in, and high gas prices are no exception. Specifically, criminals are posting ads on social... Read more Tags: Fraud & Incident Management, Fraud, consumer protection, "Unauthorized", Scams
News Get Ready for Cybersecurity Awareness Month Now! 7/14/2022 The National Cybersecurity Alliance's Cybersecurity Awareness Month in October amplifies the importance of digital security and empowers everyone to... Read more Tags: Fraud, Cyber, Cybersecurity, Cybercrime
News Fraud & Disputes FinCEN Issues Advisory on Elder Financial Exploitation 6/15/2022 Today is World Elder Abuse Awareness Day, and the Financial Crimes Enforcement Network (FinCEN) is issuing an advisory to alert financial institutions to... Read more Tags: Fraud, Elder Abuse, fincen
News Fraud & Disputes Fake Identity, Real Problem 6/8/2022 As the threat of synthetic identity fraud continues to grow, the Federal Reserve is committed to supporting the payments industry in its fight against this... Read more Tags: Tools, Fraud, Synthetic Identity, Fed, Federal Reserve
News Fraud & Disputes June is Elder Abuse Awareness Month 6/2/2022 Elder Abuse Awareness On-Demand Webinar Available in ePayU. Elder abuse is a growing problem across our country, so much so that in 2011 the United Nations... Read more Tags: Fraud, Elder Abuse, webinar, on-demand, ePayU
News Fraud & Disputes New Resources to Combat Synthetic Identity Fraud 5/4/2022 Often miscategorized, and in turn, underreported, synthetic identity fraud is a high priority for the U.S. payments industry. To help support organizations... Read more Tags: Tools, Fraud, Synthetic Identity, Fed, Federal Reserve
News FTC Reports Top Frauds of 2021 3/1/2022 Every year, people report fraud, identity theft, and more to the Federal Trade Commission and its law enforcement partners. In 2021, 5.7 million people... Read more Tags: Fraud, crypto