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News online for Encinitas, Calif.

North Coast Current

News online for Encinitas, Calif.

North Coast Current

News online for Encinitas, Calif.

North Coast Current

Business news. (James Abbott via Freeimages)

Rising fraud proving costly to lenders, Encinitas-based MoneyThumb reports

News Release September 16, 2025
A new study conducted by Encinitas-based MoneyThumb, a leader in automated document evaluation and fraud detection solutions, in partnership with deBanked, an industry publication for merchant cash advances, reveals an alarming trend in the small business lending sector: fraud is not only on the rise but is significantly impacting the cost of doing business, especially for smaller funders operating in an increasingly uncertain economic environment.
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