You know the gold foil holograms on some of our Canadian currency? These are a built-in security feature, among others to help protect against forgers. Some have seen a similar hologram on cheque stock and equated the same sense of security with cheques as with currency. These people would be mistaken. Here is the MYTH: These … Read more
“Having a Self-Inking Deposit stamp that never requires an ink pad allows you to spend less time organizing cheques and looking for lost payments, and more time focusing on the important business tasks at hand.” When your company receives cheques in the mail from customers, what typically happens to them? A lot of Canadian companies … Read more
Cheque security has improved significantly over the last several decades. One interesting feature that you want to make sure your cheque provider includes is invisible fluorescent fibers. This small security element can prevent a stolen cheque from being falsified or forged and can mean all the difference in protecting both the payer and the recipient. These fluorescent … Read more
Low cost airline Mango says it is intensifying efforts to combat bank card fraud following a sharp rise in dishonesty with both cloned and stolen card instances. Mango says as of Wednesday all travelers will need to present the card used for payment either at check-in or at the boarding gates. If unable to do so then … Read more
While many cheque manufacturers incorporate security features with their cheques not all are compliant with CPA cheque standards and some may not actually help with cheque fraud. Here is a comparison of different cheque security features to help you cut through the confusion. According to statistics, 64% of cheque fraud affects the scammed victims. Therefore, … Read more
