According to a recent Association for Financial Professionals Payments Fraud and Control Survey, more than 80 percent of organizations that experienced attempted or actual payments fraud were victims of check fraud. With today's computer technology, criminal methods are becoming more sophisticated.
At American National Bank, we offer a unique approach to this growing problem through our ChequeGuard service. This service not only works with your existing check printing process to add important anti-fraud security features to your checks, it also works with preprinted check stock or blank check stock. Additional features of ChequeGuard include:
- Adds encrypted bar code containing amount, payee name, check number, and date
- Prints amount twice - once in large reverse image font to thwart tampering
- As your checks clear and come back to us, the bar code and text on the check are scanned to determine if they match
- ANB will alert authorized individuals in your organization with any exceptions
In addition, American National Bank offers several optional ChequeGuard features designed to add further levels of security, separation of duties, and internal control to your check issuing process.
ChequeGuard checks have a distinct appearance designed to thwart fraud before it happens. In addition, if any of your checks were to be forged or altered, ChequeGuard is designed to detect it.
Through our ChequeGuard service, you can have peace of mind knowing that you are employing state-of the-art check fraud protection for your organization. To learn more about Cash Management Products and Services including ChequeGuard or to learn more about how to protect your business from fraud, visit us at http://www.anbank.com/Business.html or contact us at (402) 399-5037.