Fraud Prevention is not just for banks, state & local government help prevent fraud very cost effectively using signature verification automation.
Know Your Customer (KYC) significantly impacts business operation’s bottomline and customer onboarding experiences. Here are a few best practices for KYC compliance.
Now is the time for restrictive endorsement in fraud prevention, which means financial institutions will need to implement technology to detect the presence of the restrictive endorsement in addition to the signature.
Is Check Payee Line Verification still necessary? It turns out it is for fraud prevention and regulatory compliance. Find out more here.
The advent of new channels and devices available for interacting with financial institutions has increased customer choices for remote deposits among other activities while simultaneously creating greater risk. Whether intentional or by accident, the potential for a check to be altered or deposited multiple times on different dates or at different institutions are real and […]