Fraud Is 31x More Likely on Checks Than Real-Time Payments

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Fraud Is 31x More Likely on Checks Than Real-Time Payments

pymnts.com/real-time-payments/2025/fraud-is-31x-more-likely-on-checks-than-real-time-payments

Banks say they fear fraud on real-time payment rails. The numbers say they shouldn’t.

The August 2025 report, “Fact vs. Fiction in Real-Time Payments Fraud,” published by PYMNTS Intelligence and The Clearing House, gives rise to a striking contradiction: financial institutions are…

This story appeared on pymnts.com, 2025-08-29 08:00:39.