Interview with Fraud Expert Mike Mulholand
Check fraud has long been a concern for banks, and in today's age of electronic banking one of the greatest threats is Automated Clearing House (ACH) fraud - batch-processed transactions between banks. In this interview, fraud expert Mike Mulholand, Director of Fraud Solutions Strategy at Memento, Inc., offers insights on:
- The types of ACH fraud being perpetrated today;
- How institutions are fighting back;
- What works and what still needs work in the battle against ACH fraud.