Nov 16, 2022
Something old, something new: In 2022, check fraud remains a focus of bank risk professionals, while instant P2P payments are an increasingly popular platform for scammers seeking to take advantage of consumers. With respect to the latter, consumers need to realize that “this stuff behaves like cash,” says Peter Tapling on the latest episode of the ABA Banking Journal Podcast, sponsored by Intrafi Network. That immediacy is why these platforms are attractive to both consumers and fraudsters. On this episode, Tapling and ABA’s Paul Benda discuss:
Tapling and Benda will discuss this topic in greater depth at ABA’s Conference for Community Bankers, Feb. 12-14, 2023, in Orlando.