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Fraud & Security

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In Focus: Business Trends, Fraud Prevention, and Community Impact

Jul 14th, 2025

by: Regan Godderz

Business Banking & LendingFraud & SecurityNews & Updates

Welcome to the latest edition of In Focus, where we share top business insights, fraud prevention tips, updates from our local communities, and smart banking solutions. In this quarter’s spotlight, we’re diving into some of the most important topics for business owners and entrepreneurs. We explore why access to capital is essential for getting new businesses ...

3 min read
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In Focus: Business Trends, Fraud Prevention and Community Impact

Jun 5th, 2025

by: Regan Godderz

Business Banking & LendingFraud & Security

Protect Your Business from Check Fraud with Positive Pay Fraud attempts are growing more sophisticated—and more frequent. According to the Federal Trade Commission, consumers lost more than $12.5 billion to fraud in 2024, a 25% increase from the previous year. Positive Pay is a powerful tool that helps you automatically detect and stop check fraud ...

2 min read
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How Business Owners Can Avoid Vendor Fraud

Apr 30th, 2025

by: Regan Godderz

Business Banking & LendingFraud & Security

Outsourcing takes trust – trust that the vendor will maintain the same level of client service, uphold your quality standards, and keep your information safe. When this trust is exploited by fraudsters, it can lead to financial losses and even damage to your hard-earned reputation. As a business owner, it’s important to take measures against ...

3 min read
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Man typing on laptop with graphics of biometric screening above

Stay Ahead of AI Fraud: Spotting and Preventing Scams

Apr 22nd, 2025

by: Regan Godderz

Fraud & Security

Artificial intelligence has only made fraud smarter. According to the FTC, younger people are losing more money to fraud than older people. 44% of 20-29 year olds lost money to fraud in 2024, compared with 24% of 70-79 year olds. With criminals exploiting AI to carry out their scams, fraud attempts are happening more often ...

5 min read
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Hands holding cash and a check above a laptop

Understanding and Combatting Check Fraud

Apr 21st, 2025

by: Regan Godderz

Business Banking & LendingFraud & Security

In today's digital age, businesses face a myriad of security challenges, and check fraud has increased dramatically. In 2024, the numbers of organizations reporting attempted or actual payments fraud rose to 80%, up from 65% in 2022, according to the 2024 AFP Payments Fraud and Control Survey Report. Checks continued to be the most problematic ...

3 min read
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Income Tax Return form next to a mallet

Protect Yourself from Tax Refund Fraud

Mar 13th, 2025

by: Regan Godderz

Fraud & Security

It’s tax season and scammers know many people look forward to a refund check. Fraud rises this time of year, and it’s important to stay vigilant against tax refund check fraud. Here are common scams to look out for:   Fake refund checks Scammers will send you a fake refund check and then contact you ...

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Man holding phone with incoming call from unknown number

How to Avoid Spoofing Scams

Feb 10th, 2025

by: Regan Godderz

Fraud & Security

Scammers are getting trickier with the help of artificial intelligence (AI), and even tech-savvy individuals are falling victim to fraud. From spoofing (mimicking) Caller ID to creating deepfakes of friends or family members’ voices or appearance, financial fraud is changing and so are the methods to spot it. Below are some tips to discern fraud: ...

3 min read
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Photo of an income tax form on a table with a mallet

Protect Your Business from Fraudsters

Feb 3rd, 2025

by: Regan Godderz

Fraud & Security

In today’s digital landscape, fraud is an ever-present concern for both consumers and businesses. Here are some best practices to help protect your data: Stay Updated
 Ensure computers, networks and mobile devices (anything that connects to your data or business environment) are kept up with the latest updates. Utilize MFA Everywhere Possible Set up multifactor ...

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Payment graphic hovering above laptop with hand clicking it

Streamlining Your Payments: The Power of Integrated Payables

Jan 9th, 2025

by: Regan Godderz

Business Banking & LendingFraud & Security

In today’s fast-paced business environment, efficiency is not just an advantage; it’s a necessity. As organizations continue to face challenges with manual accounts payable (AP) processes, many are discovering the significant benefits of adopting Integrated Payables. This transformative approach not only reduces costs but also enhances security and improves vendor relationships, positioning businesses for sustainable ...

4 min read
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