The scope of check fraud continues to expand—and the latest numbers from FraudXchange prove it.
As of August 1, 2025, here’s what we’ve uncovered in the FraudXchange stolen check database:
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🧾 262,667 stolen checks
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🏦 3,669 financial institutions affected
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👤 94,852 payors exposed
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🧍♀️ 74,554 payees impacted
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🌎 Spread across 53 states and U.S. territories
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💰 $3,416,403,108.75 in total stolen check value
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🧮 Check amounts range from $0.01 to over $80 million
These aren't isolated incidents—they're part of a growing trend that’s targeting community banks, credit unions, and their customers. FraudXchange aggregates stolen check data from dark web marketplaces and underground forums, providing financial institutions with the intelligence needed to take swift, preventive action.
🔐 What Financial Institutions Should Know
The value of check fraud is skyrocketing, and the tactics are getting more sophisticated. Community banks and credit unions are often disproportionately affected—especially those without access to comprehensive fraud intelligence.
FraudXchange enables institutions to:
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Detect if stolen checks tied to their institution are circulating
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Notify customers to close accounts and reissue checks
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Track ongoing fraud exposure with precision
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Simplify fraud case documentation and investigation
✅ Why It Matters Now
Fraud is no longer a future threat—it’s a current crisis. The latest data shows a continued monthly climb, making August the most alarming month yet.
📞 Take Action
Finovifi’s FraudXchange is designed for institutions that can’t afford to ignore fraud any longer. Book a walkthrough to see how your team can use the data to protect your institution and your customers.
