Catch Check Fraud If You Can: The Growing Issue for Banks, Consumers
Banking with Interest
English - June 11, 2024 10:00 - 40 minutes - 27.4 MBBusiness News News Politics banker finreg bankpodcast fintech fintechpodcast legislation policy Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: The Coming Battle Over Zelle Fraud
Frank Abagnale Jr., an expert on check forgery and the subject and inspiration for Steven Spielberg’s film “Catch Me If You Can,” talks about why check fraud is so much worse in recent years despite the overall decline of use of checks. He talks about why banks are struggling to detect forgeries, how policymakers should address the issue, and why the problem is poised to become even more dire.