Fraud In Banking - Essentials

From embezzlement to cyber scams—understand how fraud really works in modern banking.

What you'll learn
- Understand the main categories of fraud in banking, including internal and external schemes.
- Identify common fraud red flags, warning indicators, and detection techniques used by banks.
- Explain how governance, culture, and internal controls reduce fraud risk in banking operations.
- Analyze case studies of embezzlement, phishing, loan fraud, and cyber-enabled scams.
- Describe how fraud investigations are conducted and the role of technology in detection.
- Evaluate how regulatory expectations and industry frameworks shape fraud risk management.
- Recognize emerging fraud threats such as deepfakes, APP scams, and crypto-related fraud.
- Apply fraud risk knowledge to real-world banking scenarios through assignments and quizzes.

Requirements
- Banking fundamentals will help in understanding some of what is taught in this course.

Description
Think like a fraud risk professional. Learn how fraud in banking actually happens — from insider schemes and embezzlement to phishing, cyber-enabled scams, and red-flag detection techniques.

What if you could walk into a banking, risk, compliance or even fintech role — with a clear, practical understanding of how fraud really works?

In this course, you’ll go beyond jargon and buzzwords and get a structured breakdown of the fraud landscape in banking — from internal staff fraud and override schemes to account takeovers, APP scams, loan fraud, and crypto-related threats.

Whether you're new to the space, pivoting from another banking or fintech role, or building onboarding content for new hires — this course delivers the essential knowledge you need to understand modern fraud risk in banking.

Fraud in Banking – Essentialsis a practical, industry-aligned course. It’s designed to give you more than theory — it gives you real-world insight, explained simply.

In this course, you’ll learn how to:

Understand the categories of fraud in banking — internal vs external, traditional vs emerging

Follow how fraudsters exploit products, systems, and human vulnerabilities

Identify red flags, early warning signs, and detection techniques used by banks

Explore governance structures, cultural safeguards, and regulatory expectations shaping fraud prevention

Decode how controls like segregation of duties, dual authorization, and monitoring systems reduce risk

Connect fraud detection to compliance, investigation processes, and real-world bank operations

You’ll also get:

Guided walkthroughs ofhow fraud really happens in banks, explained by an industry expert

Side-by-side breakdowns of legacy fraud methods vs. modern cyber-enabled scams

Quizzes, assignments, and practical case examples to support deep learning

Industry-aligned content designed for immediate job-readiness

And—this course is part of theBanking & Finance Guild’spathway program. That means you’ll be building towards professional recognition in banking as you complete key foundational topics (details inside the course).

By the end of this course, you won’t just understand fraud — you’ll think and speak like a fraud risk, compliance, banking or fintech professional.

I’mRían Chapman, and I’ve worked across banking, financial crime, digital transformation, and strategy in global institutions. My courses have helped over 100,000 students around the world build job-ready skills and launch careers that matter.

So whether you're looking to land your first banking role or deepen your expertise in fraud risk, this is your starting point for mastering the essentials.

Click Enroll Now to begin your journey into the world of fraud in banking.

Who this course is for:
- Aspiring fraud, risk, or compliance professionals looking to launch a career in banking or financial services.
- Students and early-career talent preparing for roles in operations, audit, fraud detection, or regulatory compliance.
- Banking professionals who want to deepen their knowledge of fraud categories, detection methods, and controls.
- New hires in banks, neobanks, or payment service providers who need a clear foundation in fraud risk management.
- Team leads or managers building onboarding programs for fraud operations, internal audit, or compliance teams.
- Business, finance, or criminology students seeking to bridge academic theory with how fraud actually happens in banks.
- Consultants, regulators, or auditors who need practical insight into fraud frameworks, governance, and investigation.
- Technology or data professionals working on fraud monitoring systems, analytics, or fintech fraud prevention tools.
- Anyone pursuing a Banking & Finance Guild certification through the risk, compliance, or financial crime pathway.
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