PaymentsFirst – Unmasking Check Fraud

In today’s complex financial landscape, financial institutions face an increasing threat from counterfeit, altered, and forged checks and indorsements. This webinar will provide a comprehensive understanding of these fraudulent activities, equipping bank personnel with the knowledge and tools to handle this type of fraud.

We will talk about:

• Understanding the Types of Fraud: Explore the various definitions used in check fraud – counterfeit, altered, forged signatures and indorsements.
• Responding to Fraudulent Activity: Understand the steps involved in investigating fraudulent checks and which party holds the warranties and liabilities.
• Dealing Direct: What a breach of warranty claim looks like and various scenarios to work through.