In its 2015 Payment Fraud and Control Survey, JP Morgan reported that simple low-tech paper checks were the most widely used payment fraud method in 2014.
In spite of the fact that overall paper check usage continues to decline each year, check fraud remains high. Paper checks are an easy target for criminals. Since they’re passed ...
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As traditionally practiced, IBM i check printing involves a number of expensive and proprietary processes, including:
Here’s a question to consider when evaluating IBM i electronic forms design software:
“Would you let your Marketing department create program code?”
The answer is obvious. Marketing people aren’t programmers. They know nothing about analysis, database design, coding, or deployment. Letting them program is a silly idea.
And programmers aren’t marketers, especially when it comes to electronic forms design. Many companies allow programmers rather than professional designers to design and create IBM i forms such as ...
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People often ask me –
“How much money can I save if my shop switches our IBM i check-printing from pre-printed continuous form check printing to MICR Laser check-stock printing on laser printers”
ROI is important for any technology project. For the average shop, switching from pre-printed checks to laser checks will see significant cost savings.
These numbers can be used for ROI ...
There seems to be a steady stream of stories in the news lately about bank fraud. The American Banking Association (ABA) came out with a report in the last few months summarizing 2012 figures and the stats are eye-opening.
Debit card fraud (54%) and check fraud (37%) accounted for the majority of more than $1.7 billion in losses in 2012. The remaining ...
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As most companies know, there are security and efficiency challenges to creating an effective payroll and vendor disbursement system. Many companies and banks have automated the process by using Laser check printing software. Are you considering moving into an automated system but are having doubts about the process? It could be that the doubts keeping you on the fence about ...