Developing a hybrid approach to fighting check fraud

What does fighting check fraud cost banks? How do banks find success in that struggle? In the latest episode of the ABA Fraudcast, ABA’s Paul Benda continues to explore the challenges of a metastasizing problem for banks, with his guest Sam Drennen, EVP and COO of First American Bank and Trust in Georgia. Drennen discusses ways his bank has learned hard lessons defending against criminals focused on a payment mode that has resisted extermination. The ABA Fraudcast will be published every three weeks on this site, in ABA Daily Newsbytes and wherever you listen to and subscribe to your favorite podcasts. Check out important ABA resources on this topic for banks at aba.com/checkfraud. The recently remodeled ABA Communities provide opportunities to share insights and resources with fellow bankers.