Mitek Check Fraud Defender protects against sophisticated check fraud attacks

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Mitek introduced Check Fraud Defender, an artificial intelligence-powered, cloud-hosted consortium for financial institutions to counteract check fraud. An important addition to a financial institution’s fraud-fighting protocols, Check Fraud Defender helps protect against the growing sophistication of check fraud attacks. A report by the American Bankers Association shared in January 2020 reveals how much fraud banks defend against each year. According to the report, total attempted check fraud increased to $15.1 billion and accounted for 60% … More →

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