Needham Bank deposit products:

Fraud Prevention

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Artificial intelligence (AI) is one of the many tools we use every day, from the apps on our phones to the websites we shop on. Unfortunately, scammers are using it...

business woman on phone

Artificial intelligence (AI) has made it easier than ever to copy someone’s voice or face. Creating a convincing fake identity once required extensive recordings and specialized expertise. Today, scammers can...

Woman researching AI Fraud Schemes

Artificial intelligence (AI) is changing the way people live and work every day.Ā While AI can be a valuable and powerful tool, scammers are using it in increasingly sophisticated ways to...

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You have probably seen them countless times. The familiar ā€œI’m not a robotā€ checkbox. It may also ask you to identify bicycles or traffic lights before you can access a...

Protecting financial transactions from fraudulent activities is crucial for both small businesses and commercial banking clients. In this quest for security, a powerful tool emerges: Positive Pay. What is Positive...

Educate your employees. You and your employees are the first line of defense against fraud. A strong security program—paired with employee education on warning signs, safe practices, and response protocols—is...

Scam calls are becoming more sophisticated and a lot harder to detect. One of the most common tactics used today is phone spoofing, where scammers disguise their phone number to...

When you’re focused on keeping your finances safe, the way you pay makes a real difference. Although cash and checks can still be useful, they provide minimal or no protection...

Business Email Compromise (BEC) is one of the most financially damaging types of fraud affecting businesses today. These scams are highly targeted, difficult to detect, and often result in significant...

woman on phone researching how to protect her account from fraud

Protect your personal accounts from fraud. Learn what banks never ask, how we verify your identity, and the top scams to avoid.

man on laptop researching how to protect business from fraud

Business fraud is evolving faster than ever — and fraudsters are using increasingly sophisticated tactics to target companies of every size. At Needham Bank, we’re committed to helping protect your...