Ingo CEO: Technology Plays Defensive Role Against Mobile Deposit Check Fraud
PYMNTS
NOVEMBER 23, 2020
Even before the pandemic — and the stimulus bills that sent trillions of dollars via check into consumers’ (and not a few fraudsters’) hands — the alarm bells were tolling. that check scams were on the rise. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.
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