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What is Check Fraud Costing You?
Organizations in the United State lose about 7% of their revenue to fraud. It is importnat to be aware of fraud statistics and learn about new ways to help protect your company from check fraud. |
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Positive Pay
A fraud detection service offered by the Cash Management Departments of most Financial Institutions, this services matches account number, issue date, check number and dollar amount of each check presented for payment. Many software packages offer a simple reporting tool to share with your Financial Institution. |
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