BAI Webinar

Strategies for identifying and preventing check fraud

Watch now!

All fields required.

RECORDED: June 27, 2024
TIME: 1:00 - 2:00 PM CT

According to FinCen, the number of check fraud cases reported in 2022 was 680,000, and that number is only expected to rise going forward.

Even with extensive online banking options, millions of Americans still use physical checks to make and receive payments, which means there are still considerable risks for check fraud. New technology is also making it easier for fraudsters and scammers to forge, steal, and create fake checks, putting individuals, organizations, and depository institutions at risk.

It is more important than ever for businesses in the financial services industry to understand how to identify potentially fraudulent activity and prevent check fraud from occurring.

In this webinar, we’ll go over common types of fraud and scams related to checks and how they can affect your account holders. We will also cover the basics of check structure, strategies to identify check fraud and scams, and what technology and protocols are available to verify an individual’s identity and monitor banking habits to prevent check fraud.

Key takeaways:

  • Types of check fraud
  • Types of check scams
  • Check structure and negotiating a check
  • Strategies to identify check fraud and scams
  • Using technology to prevent check fraud



Steven Ramirez
Beyond the Arc

Steven Ramirez is the CEO of Beyond the Arc. He is a strategic advisor with over twenty years of experience working with technology, fintech, and financial services companies.

Steven is a popular industry analyst, writer, and speaker in financial services and fintech. His insights have appeared in BAI Banking Strategies, American Banker, Financial Brand, and other industry publications. Steven earned his BA and MBA from the University of California, Berkeley.