It's Time For Check Fraud Detection 2.0

Fenton, Mike
March 2009
Bank Technology News;Mar2009, Vol. 22 Issue 3, p30
Trade Publication
The article shares the author's views regarding fraud detection in the banking industry in the U.S. He states that check fraud remains a major concern for banks, financial institutions and retailers who may lose billions each year due to bad checks. The author notes that companies have used check guarantee and check verification services to minimize losses. He adds that the use of Check 21-related applications leads to an atmosphere of cooperation and sharing of ideas.


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