Articles, Information and White Papers

Articles, Information and White Papers

  • White Paper: Best Practices for Check Fraud Prevention (February 2014)
    With significant changes occurring in accounts payable technology and processes, preventing payments fraud has become an increasingly complex and top-of-mind concern for businesses.Checks remain a primary target for business payments fraud, and there are important steps any business can take to protect themselves from falling victim.

  • White Paper: Shielding Your Business - Positive Pay Protects Business Checks
    from Fraud
    (February 2014)
    Check fraud is one of the biggest challenges facing businesses today. As technology evolves, it has increased the ease with which criminals can create realistic counterfeit and fictitious checks, as well as false identification used to defraud businesses and financial institutions. Positive pay prevents check fraud, helps attenuate your liabilities, and assists in maintaining your valuable reputation.

  • Summary Judgment Highlights the Legalities of Positive Pay (May 2011)
    In a summary judgment rendered by the U.S. District Court of Minnesota, Wachovia Bank is found not liable for a fraudulently-altered check drawn on the bank, because the bank’s client had failed to implement positive pay services recommended by Wachovia Bank which would have prevented payment of the check.

  • Dawning of a New Era for Business Check Printing Security
    As the number of checks being issued continues to decline, the remaining checks are now of higher value and have legal significance. Interestingly, as many companies shrink their check writing departments, facilities and controls, the real requirement for highly secure and efficient check production is growing.

  • The Liability Shift Created by the UCC
    The Uniform Commercial Code (UCC) that governs financial transactions in all 50 states was modified in the mid-1990s, shifting some liability for check fraud from the banking industry to depositors through the concepts of "ordinary care" and "comparative negligence."

  • Transporter Technology Ushers in Sunset for Modem Data Exchange
    You can stop using multiple data transfer protocols for the exchange and delivery of corporate client files, maximize the value of your investment in the corporate website, improve security and reduce expenses.

  • Push Applications Make Timely and Relevant Financial Information
    Readily Available to Your Corporate Clients

    Push applications can automatically search for specific information tailored for the user and deliver it when and where the user chooses.

  • Considerations in Secure Data and Information Exchange Protocols
    Between Banks and Corporations

    This article explains the primary methods of secure data transfer between banks and their corporate clients (TTY, FTP, S-HTTP), giving a general description, security requirements and the advantages and disadvantages of each protocol.

Case Studies

Links to Articles and Information on Other Websites

Preventing Check Fraud

About Positive Pay

If you have questions, please contact us at 1-800-652-2877.

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