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Positive Pay: An Underused Tool for Fighting Check Fraud

Positive Pay: An Underused Tool for Fighting Check Fraud

Released Wednesday, 24th April 2024
Good episode? Give it some love!
Positive Pay: An Underused Tool for Fighting Check Fraud

Positive Pay: An Underused Tool for Fighting Check Fraud

Positive Pay: An Underused Tool for Fighting Check Fraud

Positive Pay: An Underused Tool for Fighting Check Fraud

Wednesday, 24th April 2024
Good episode? Give it some love!
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positive payEven though the number of checks written continues to decline, mail theft remains on the rise. Beyond the theft of checks directly from mailboxes, there have been instances of stolen mail trucks. The ease of modifying checks allows criminals to simply wash and modify the payee’s name.  Q2’s positive pay system, used by roughly 550 banks […]

The post Positive Pay: An Underused Tool for Fighting Check Fraud appeared first on PaymentsJournal.

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