Prove Fraud & Cybercrime Executive Advisor Mary Ann Miller on Bank Info Security | Check Fraud: New Approaches to Solving an Age-Old Problem
.webp)
I recently spoke with Suparna Goswami of Bank Info Security about the recent surge in an older fraud vector: check fraud. Read the full story to learn why rates of check fraud have increased an astounding 84% between 2021 and 2021, what actions The Treasury Department is taking to stop check fraud, and what new technology banks can leverage to protect their assets from fraudsters.
Read the full story here.
Additional Resources on Check Fraud:
- What is Check Fraud and How Can Banks Prevent It?
- Shotgunning Bad Checks: How Banks Can Protect Themselves
Keep reading
Read the article: The Death of the OTP: Why Legacy MFA is Failing the Modern ConsumerDiscover why legacy MFA is failing and how Prove Unified Authentication provides a smarter, frictionless alternative. Learn how to replace insecure SMS OTPs with continuous, multi-layered identity assurance that prevents fraud while boosting conversion rates.
Read the article: Prove Launches ProveX℠, the Internet’s First Digital Trust ExchangeProve launches ProveX, ProveX, a new digital trust exchange that enables enterprises to instantly access verified data and credentials from partners, while preserving trust through every interaction
Read the article: Beyond the OTP: Why SMS-Based 2FA Is Failing and What Comes NextExplore the classic conflict between security measures and user friction.
