Check Fraud

Four Ways Technology has Changed in the Past 5 years

Posted by on May 29, 2014 in Check Fraud, Check Printing, Check Writing, Create-A-Check, Electronic ACH Payments, Online Software, Secure Printing Service (SPS), Uncategorized

And how it has Helped Businesses Grow While Doing So It is no surprise to any of us how much technology has changed over the last decade. In the mid 1990’s the interwebs boomed, giving rise to email, instant messenger, and more. We went from classifieds to Craigslist, snail-mail to Snapchat and photo books to Facebook albums. But technology doesn’t just change every ten years. It is changing day to day, minute by minute and while it’s doing so, it has created...

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The Top Three Challenges Facing Businesses

Posted by on Nov 14, 2013 in Check Fraud, Check Printing, Check Writing, Create-A-Check

Businesses have many challenges facing them today, especially with the stagnating economy. Start-ups, small businesses and even larger company’s face struggles day to day. Here are some of the top challenges a business might face, and also how to make sure that as a business owner you’re set so these challenges don’t cause your business to fail. 1.     Financial Management Although the economy is progressively getting better, America is still what is considered to...

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Out of Date Payment Methods

Posted by on Nov 2, 2013 in Check Fraud, Check Printing, Check Writing, Create-A-Check

Exchanging payment for goods and services has been around almost since human-kind began. Bartering techniques where two goods were exchanged for each other started, and then payment in the form of money evolved from there. Objects used for value to purchase other objects have been discovered as far back as 2500 years ago. Although we as humans have progressed past using just using a number of cows to purchase grain, we still have out of date payment methods in use today....

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HOW TO INCREASE BOTTOM-LINE PROFITS BY COMBATING CHECK FRAUD

Posted by on Sep 12, 2013 in Check Fraud

HOW TO INCREASE BOTTOM-LINE PROFITS BY COMBATING CHECK FRAUD

The increase of check fraud among all types of organizations has led these entities to seek solutions that improve the security of their check printing and writing software systems and reduce theft. Check fraud directly impacts profits and can be costly and time-consuming to correct. How can organizations adequately prevent check writing theft? The answer lies in check fraud prevention software that can increase the security of an organization’s funds by offering secure...

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Protecting Your Business From Check Fraud

Posted by on Sep 7, 2013 in Check Fraud

Protecting Your Business From Check Fraud

Each year over 500 million checks are forged in the United States according to the National Check Fraud Center. And the cost of check fraud to consumers is more than $10B each year. Businesses owners without adequate protection tread dangerous waters. The key is not only to protect oneself from receiving fraudulent checks, but also to ensure that no one is writing checks in your company’s name, either. One way to implement check fraud protection is to ensure that...

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ACH and Check Secure: FTC May Ban Fraud Susceptible Payment Methods

Posted by on Jul 31, 2013 in Check Fraud, Check Printing, Check Writing, Create-A-Check

After a number of actions filed against payment card processors using Remotely Created Checks and Remotely Create Payment Orders, the Federal Trade Commission issued a Notice of Proposed Rulemaking about possibly banning RCC’s and RCPO’s. The Press Release sent out by the FTC stated that checks and ACH electronic payments were acceptable forms of payment, but RCC’s and RCPO’s were too susceptible to fraud[1]. A remotely created check is also known as a demand draft...

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