Fraud concern | Details | Financial tools | Outcomes |
---|---|---|---|
Exposure to check fraud | Online bill payment Online payroll services |
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Wire transfer fraud | Secure online banking transfer options that are user ID and password protected |
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Account fraud | Online bank statements |
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Internal theft | 76% of fraud was initiated internally with an average cost of over $40,000.1 Types of fraud:3
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Merchant services4 |
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Types of fraud:3
|
Business debit and credit cards |
|
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Cyberfraud | Crime insurance and/or cyber insurance5 |
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