ACH holiday fraud: Check your lists and check them twice
This holiday season, you jolly well better be prepared for more fraud.
1. What is the risk? Financial fraud and holiday scams
Fraudsters love holiday season. It’s the perfect time to take advantage of busy online shoppers. Financial institutions need to get ahead of fraudsters executing their holiday scams.
In this contactless payments era, members are getting even more comfortable with digital banking, wallet, and peer-to-peer (P2P) services. However, this doesn’t mean checks are going away anytime soon.
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.more information
Your electronic library to help in fighting financial fraud for all of our partners.more information