PPH Business Checks & Forms Division Takes Additional Measures to Prevent Check Fraud.
Professional PC Help’s business check and forms division has enacted new measures to ensure that new orders placed for checks online are not fraudulent.
Cleveland, TN (PRWEB) November 28, 2004 -- Check fraud cost American
businesses over 20 billion dollars in 2002. With the number of checking account
fraud incidents rising each year, the customer service team at PPH Business
Checks & Forms have stepped up their measures in the prevention of
fraudulent account number usage by verifying with the issuing bank the validity
of address and account information.
They are also taking measures to
verify with the bank the contact person on the account so that check orders may
be verified one step further. The additional security measures have not affected
ordering time as the company maintains their “100% Satisfaction Guaranteed”
policy. PPH Business Checks & Forms has never had a fraudulent claim
submitted since the start of the business. They enacted this measure ultimately
to protect their customers and continue providing excellent
service.
Check fraud is one of the largest challenges facing businesses
today. A significant amount of check fraud is due to counterfeiting through
desktop publishing and copying - to create or duplicate an actual financial
document- as well as chemical alteration, which consists of removing some or all
of the information and manipulating it to the benefit of the criminal. PPH
Business Check & Forms Division already incorporates six security features
for manual checks including erasure protection, microprint signature line, and
chemically sensitive paper. Eight security measures are in place for computer
checks including microprint borders, UV Dull Paper, invisible fluorescent
fibers, and chemically sensitive paper. For a small increase in price the number
of security features can be increased to include the word void printed six
languages if altered and an additional watermark to prevent photocopy and
scanning. Internal theft is another type of fraud that affects the business
word. In order to provide extra security we offer free services which include
the printing of a line of text above the signature line such as “Void After 90
Days” or taking it one step further for companies who wish to protect large
checks by requiring two signatures and the text above reading “Two Signatures
Required If Over $5000.00”. With this added layer of protection every company
can make it more difficult for employees to misuse or abuse company
funds.
With these additional measures in place PPH Business Checks &
Forms is committed to serving the business community by helping decrease the
number of checking account fraud attempts.
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Source : http://www.prweb.com/releases/2004/11/prweb183115.htm