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Positive Pay Processes: How Financial Institutions Can Help Prevent Check Fraud

Check fraud is back with a vengeance, and remains a common financial crime, costing banks and other financial institutions billions of dollars every year. One effective solution banks can offer their clients to prevent check fraud is a positive pay process. In this article, we will explore what positive pay is and how banks can leverage it to help prevent check fraud and give their customers peace of mind.

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