Paper checks remain the most frequently used payment method for business-to-business transactions, ahead of ACH transactions and credit and debit cards. Although paper checks have been steadily declining, it remains the payment method most often exposed to fraud. A recent survey indicates checks … [Read more...]
How to Help Avoid Check Fraud
Did you know that 1.2 million fraudulent checks are written in the U.S. every day? Most victims of check fraud are businesses just like yours. In fact, according to the Association for Financial Professionals 2016 Payments Fraud and Control Survey, an astonishing 73% of businesses experienced actual … [Read more...]