Check fraud and counterfeiting are among the fastest growing problems affecting the nation’s financial system; producing estimated annual losses of $10 Billion and continues to rise at an alarming rate annually.
(National Check Fraud Center)
From 1995 – 2000, check fraud and other paper check losses will cost American businesses over $567Billion in cumulative losses.
(Grocery Marketing-Feb. 1997)
As the statistics show, check fraud is a huge problem in the world today. Check fraud is similar to computer viruses, they don’t seem to affect you until you’re hit by one. Just as viruses can be prevented with some simple measures, checks can be protected with a layering of security features. International Security Products has customers that choose our standard features of protected watermarked paper, indelible numbering, NaNOcopy™ pantograph, etc. to “Super Checks”, which includes multiple layering of our patented technologies. Be sure to visit our technology section to view some of these features.
With the new Check 21 laws into affect ISP has the tools and the knowledge to assure a check that is compliant with the Check 21 parameters and storage issues that most banks mandate. We can help you design a check that will not only be accepted but without sacrificing the security most think is taken by the new Check 21 regulations.
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