Posted by Piracle on Mar 23, 2013 in Check Fraud, Check Printing
One of the byproducts of check writing software is that it greatly reduces the chances that your company will be a victim of check fraud. While this may not be your primary goal when it comes to using this type of software, it is a great byproduct which can help protect your company’s finances. There are several reasons why this software helps prevent fraud, which are listed below: Professional Image Using check writing software conveys a professional image...
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Posted by Piracle on Mar 13, 2013 in Check Fraud
When looking to purchase additional checks for your personal or business accounts, it is important to use a company that offers secure checks. The best option for security is to print your checks to blank check stock. This allows your company to reduce the risk of check fraud, which has become a major problem for small, medium, and large businesses. Elements that should be contained on secure checks are: Premium Paper – Premium paper reacts to the chemicals used...
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Posted by Piracle on Mar 11, 2013 in Check Fraud
While balancing your checkbook, using a secure blank check stock, and keeping an eye on your checkbook are all very valuable tips, they are not the only suggestions when it comes to protecting your money. There are several other suggestions for those looking to avoid falling victim to check fraud. Do not mail checks from your home mailbox Many people pay bills and simply place their envelopes in their home mailbox with the flag up. This is like a bulls eye for...
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Posted by Piracle on Mar 9, 2013 in Check Fraud
Check fraud is a large problem facing companies and individuals. With identity theft on the rise, it is very important to follow certain tips when using checks to pay for goods and services. Use secure documents It is important when ordering checks to use secure checks. MICR printing technologies and other security features ensure that your checks are not stolen and used by criminals to defraud your company. Many criminals prey on new businesses that use...
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Posted by Piracle on Feb 6, 2013 in Check Fraud
Checks remain the most vulnerable payment mechanism targeted by fraudsters. This type of fraud is on the rise even though check volume is declining. The reality is that without preventive measures in place to deter criminals from defrauding your company, your firm is extremely susceptible to check fraud. The Association of Certified Fraud Examiners estimates that Organizations in the US lose about 7% of their revenue due to fraudulent checks. Why should you care?...
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Posted by Piracle on Feb 1, 2013 in Check Fraud
Statistics show that, among all forms of payment options, checks remain more susceptible to fraud than even credit and debit cards. More than 500 million fraudulent checks are being processed each year, creating losses in the billions of dollars. The most common type of check fraud is forgery. Corporations and individuals alike are vulnerable to forgery. Individuals will acquire a personal check or one drawn on a business account, fill out the check and forge the signature...
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