TrueChecks
Stop check fraud with real-time, cross-institution data.
TrueAccount
Instantly verify account status before any payment.
Positive Pay by AFS
Protect business accounts from check and ACH fraud.
TrueACH with Account Validation
Validate accounts and routing data before ACH origination.
TrueWire
Screen and verify wire transfers before they process.
White Paper
Economic downturns have a tendency to change the fraud landscape for the worse. The result is that paper checks, which are one of the payment methods most impacted by fraud, are likely to become increasingly at risk. Easy to duplicate, deposit or steal, check fraud represents a persistent challenge to financial institutions. Given today’s economic outlook, that challenge is likely to come to a head.
This white paper, The Impact of Economic Downturns on Check Fraud Rates, provides a historic perspective on how the economy impacts check fraud incidence as well as details check fraud prevention best practices.
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