In Nov. 2021, John William Pollard, a retiree who lives in Philadelphia, wrote a $84.83 check to Verizon to pay a phone bill. It was stolen in the mail. The amount was changed to $45,678.12, made out ...

A bad check is one drawn on a nonexistent account or with insufficient funds. Learn about potential legal consequences and ...

Despite a severe drop-off in check use, 61% of consumers continue to write paper checks and continue to face the threat of check fraud, says Abrigo, a financial-crime prevention and risk-management ...

The use of personal checks is fading toward obscurity. We pay our bills online and Venmo the babysitter. The plumber takes credit cards and your food delivery payments are automatic. So why has ...

Though only 61% of Americans wrote a check in the last year according to a 2024 survey, officials are still warning people about crime trends related to paper checks. It’s easy to see why; two men in ...

AUSTIN, Texas--(BUSINESS WIRE)--Abrigo, a leading provider of financial crime prevention and risk management solutions for U.S. financial institutions, today announced new survey results revealing how ...

Despite seeming retro, check fraud is experiencing a surprising resurgence, with criminals stealing billions of dollars through these schemes. According to the U.S. Postal Inspection Service (USPIS), ...

Bank account fraud comes in many forms including check fraud, P2P payment scams, ATM skimming, phishing and wire transfer schemes. Prevention is your first line of defense. Use tools like account ...

The FBI and United States Postal Inspection Service have issued a joint alert about an increase in check fraud due to mail theft; reports doubled from 2021 to 2023. The U.S. Treasury Department’s ...

In 2025, banks plan to make significant increases to their tech spending, and enhanced security and fraud mitigation are the top priority according to research released this month by American Banker.

Online information safety concept. Increasing the quantity of fraud issues. The word Fraud against going up red chart graph. 3D illustration about hacker attacks. American consumers face mounting ...

While it’s easy to simply swipe your debit card at the cash register or to pay your bills online, the paper check has not yet ...