As payments fraud continues to grow and impact individuals and organizations, the Federal Reserve has released two new toolkits to support education and increase awareness. The Scams Mitigation Toolkit and Check Fraud Mitigation Toolkit can help the payments industry to better identify and fight fraud and scams.

This release of the toolkits focuses on building foundational knowledge, the tactics and human vulnerabilities that enable these schemes to succeed, and common scenarios that financial institutions, service providers and other groups may encounter.

Stay informed about the Fed’s collaborative industry efforts on check fraud and scam mitigation at FedPaymentsImprovement.org. Click Read More below for more information and to access the toolkits.