MADISON, Wis.-Despite increasing usage of online bill-pay and the rise of mobile wallet and P2P payments, one person told Credit Union Journal an old threat remains as big a concern as ever.

Ken Otsuka, senior consultant, risk management for CUNA Mutual Group, said that check fraud is still a major concern for traditional financial institutions, pointing out that it's easier than ever to create fraudulent checks using check-printing software and supplies available at any office supply store. "As long as check-printing software is still available, check fraud will continue to be a severe problem throughout the financial services industry," he said.

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