Still Mailing Checks in 2023? – Think Again!
Posted On: July 18, 2023 by Prevail Bank in: Banking, Digital Banking, Fraud
There are many reasons why people send checks throughout the year – to pay bills, send money to family members, pay their employees, etc. Perhaps another reason may be that they don’t trust the security of electronic transactions. Whatever the reason, mailing checks may not be the safest route anymore. Check fraud cases have been on the rise – specifically linked to mail theft.
During the pandemic in 2020, federal government stimulus checks were being...
Tags: Check Fraud, Digital Banking, Mail Theft, Online Banking
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