Patrick Haney

Nikki Siko, a check fraud and remote deposit expert, and Patrick Haney, a specialist in wire fraud, dive into the shifting landscape of payment fraud. They discuss the surprising resurgence of check fraud and the rise of ACH scams. Real-world examples highlight the tactics used by fraudsters, including social engineering. The importance of customer education and innovative detection strategies to combat these challenges is emphasized. They also reveal insights on banks' varying responses to victims and suspects in fraud cases.