With technology changing at such a fast pace, it can be difficult to keep up with ever-changing fraud schemes, scams, and various regulations. The 2018 AFP Payments Fraud Survey1 uncovered some alarming numbers; fraud hit a record high in 2017 with 78% of all organizations being affected by payment fraud. Check fraud continues to be the number one form in which payment fraud is attempted with 74% of respondents reporting this as an issue. Unfortunately, check fraud remains prevalent due to advanced technology making it easy for criminals to replicate your checks. As scams become more sophisticated, so does check fraud; all an offender needs is a valid account number and printing software to wreak havoc on your business’ finances. While modern technology creates more intricate forms of check fraud, the leading scheme involves fake checks. Businesses are a hot target for criminals and are likely victims of fraud due to the amount of checks written for vendors, bill payments and more. In a 2016 American Ba ...