BAI Executive Report

Fortifying your fraud defenses



Download now!

All fields required.

Fraud risk touches banking all along the technology spectrum. For checks alone, criminal activity doubled since 2021 despite a 25% decline in check writing from that year until now, FinCEN data reveals. Bad actors are targeting vulnerabilities wherever they find them, from outright mail theft to sophisticated account takeover using voice and AI.
In the January BAI Executive Report: Fortifying your fraud defenses, industry experts help banking leaders keep step with the latest fraud-fighting developments, including empowering staff, smoothing customer experiences and incorporating fraud vigilance as a strategic feature.

Articles in this report include:

Customers want extra security that can stop fraud deepfakes
High-quality imposter images and videos are on the rise, but so are preventative steps emerging just as more states switch to digital IDs.

Faked audio leaves financial institutions particularly vulnerable
In our Q&A, Alloy’s Sara Seguin warns banking leaders not to ignore shockingly realistic voice fraud.

Limit elder abuse through transaction monitoring and staff training
Abuse ranges from familial guilt trips to threats of fines and romantic scams, and banking teams must carefully navigate customer sensitivity and reporting requirements.

Trends and innovations in secure banking for 2025
Violations span credential stuffing, real-time payments fraud, impersonation scams, AI-generated abuses and more.

Fighting fraud, fueling growth
Proactive fraud controls at banks and credit unions can be a competitive differentiator.


Download this resource as you approach fraud, cybersecurity and AML in the new year.