Part of running and owning a business is ensuring that your employees and customers do not commit fraud. Check fraud occurs every day in the United States, but there are check fraud prevention methods that you can use to keep your business safe such as using solutions for ACH transactions or having a positive pay […]
Check-related frauds have been around since the inception of using checks for extending funds. Many individuals, businesses, and companies experienced fraudulent behavior such as check kiting and other forms of scams; because of this, most banking institutions’ Cash Management departments offer Positive Pay System. This automated tool’s main purpose is fraud detection and prevention. Knowing […]
