Fraud Policy
This Fraud Policy is for a bank, credit union, fintech company, or other type of financial institution to ensure the organization implements and maintains an effective Fraud Risk Management Program that is an essential part to the safe and sound operations of the organization and to promote consistent, open, and honest ethical organizational behavior.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Responsibility – Topic 3
- Risk Management – Topic 4
- Fraud Risk Management Program Overview – Topic 5
- Definition of Fraud and Red Flags – Topic 6
- Synthetic Identity Fraud – Topic 7
- Scam Identification and Mitigation – Topic 8
- Check Fraud Identification and Mitigation – Topic 9
- New Account Fraud – Topic 10
- Reporting – Topic 11
- Investigation and Remediation – Topic 12
- Audit Policy – Topic 13
- Staff Training – Topic 14
- Retention of Documentation – Topic 15
Recent updates to this product:
09/02/25 Update
Federal Reserve FedPayments Improvement Group – Special Scam and Check Fraud Release
This Fraud Policy (approximately 95 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
Product Update Protection Plan
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