{"id":15179,"date":"2024-08-02T13:38:26","date_gmt":"2024-08-02T13:38:26","guid":{"rendered":"https:\/\/trustpair.com\/blog\/the-6-types-of-bank-account-fraud-to-watch-out-for\/"},"modified":"2025-07-15T14:24:06","modified_gmt":"2025-07-15T14:24:06","slug":"the-6-types-of-bank-account-fraud-to-watch-out-for","status":"publish","type":"post","link":"https:\/\/trustpair.com\/gb\/blog\/the-6-types-of-bank-account-fraud-to-watch-out-for\/","title":{"rendered":"The 6 types of bank account fraud to watch out for"},"content":{"rendered":"

Bank account frauds<\/strong> and other financial scams aren\u2019t new. Unfortunately, online fraud attempts have multiplied<\/strong> with the development of the Internet and the digitalization of data – and so have the costs associated with fraud. Compared to the pre-COVID area, fraud costs are said to have increased by 10%<\/a>.<\/p>\n

In corporations, the department in charge of financial security must face this heightened risk which bears a heavy weight on the organization. Alongside the financial risk, fraud attempts can also damage a company\u2019s reputation<\/strong> and its long-term relationships with its existing – and future – customers. In fact, studies have shown that the reputational cost of fraud has been calculated to be up over 140% of the fraud event itself<\/a>.<\/p>\n

Discover 6 types of banking fraud<\/strong> to watch out for in your financial department so that you can get better organized and protect yourself more effectively.<\/p>\n

Do you want to learn more about payment fraud? Check out our free study<\/a>!<\/p>\n

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