Finopotamus’ Post

In 2023, financial institutions faced unprecedented losses from check fraud, with one bank alone reporting a staggering $135 million loss. With this alarming trend, banks and financial institutions must stay vigilant against evolving threats. Check out our list of check fraud stats your bank can't ignore: https://lnkd.in/eF2BKdK4 #CheckFraud #BankSecurity

#Checkfraud is escalating rapidly. Luckily, so is awareness. Mitek Systems is pushing the agenda by keeping this #financialcrime top of mind. Check out our check fraud fact sheet, link below.

ICYMI: Our latest white paper examines how fraudsters are increasingly targeting regional and super-regional banks - those with less than $200 billion in assets. Learn more about the unique challenges these smaller banks face and how leveraging benchmark data can enhance fraud prevention strategies. Available for download here: https://lnkd.in/dJU_ysWu

What are the most common bank frauds to watch for? You may have guessed some right off the bat, others might take you by surprise. But all are equally serious threats. See how many you knew—here are the 12 most common bank frauds... #fraudtech #fraudstrategy #bankingfraud #fraudprevention

Inside West Bank: How We Combat Daily Fraud In this video, we uncover how West Bank tackles the growing issue of bank fraud. Join us as we share insights on how we assist customers in dealing with fraud on their accounts and what preventive measures are in place. #BankFraud #WestBank #FraudPrevention #CustomerSupport #FinancialSecurity #BankingTips #FraudAwareness #CustomerAssistance #FraudProtection #FinanceInsights

✔ Imagine a conference where fraud fighters from banks in #Germany, #Switzerland and #Austria meet. ✔ Imagine a conference where major banks from these countries talk #openly about how they #fight #fraud. ✔ Imagine a conference that is so #practical that you take pages of notes away from it. This is exactly what the #DACH #Fraud #Summit 2024 is. Join us and let's beat fraudsters together!

International Fraud Awareness Week is coming to a close, but the fight against check fraud is a ongoing battle. We've compiled resources for banks and credit unions as they look to strengthen their risk mitigation strategy. Get started here >> https://bit.ly/3Ohxdp5 #checkfraud #fraudweek #deposits #checkprocessing #banks #creditunions #paymentsolutions #digitalbanking

Fighting Fraud 101 - Tip to help you outsmart fraudsters! Enroll in push notifications, enable two-factor authentication, and ensure Central State Bank has your up-to-date contact information. Attentive account monitoring is a great way to detect fraud.

Excited to share my video for the CIB Phase 2 competition! Watch the video to learn important tips on how to protect yourself from bank fraud. #CIB_Summer_Internship_2024 #BankFraudProtection

Fraud in the Digital Age: Why Shared Intelligence is the Key to Staying Ahead - Banks and online retailers can enhance their ability to detect high-risk fraud by incorporating shared fraud intelligence into their risk assessments. https://zurl.co/6Kc2 #FraudPrevention