KRISTOPHER JAMES is a NASPO accredited facility specializing in anti-forgery check printing.
Why is this important? The last Federal Reserve Payments Study revealed that check fraud continues to grow. At over $24B annually (a 300% increase over the past 4 years) and with an average cost of over $2,400 per check, preventing check fraud makes sense. And here's why it matters even more - checks aren't going away any time soon. Nearly 40% of all business-to-business (B2B) payments are still made by check. A staggering 91% of U.S. businesses continue to use checks, and 75% have no plan to reduce their check usage in the next two years. That means the threat isn't going anywhere either.
Why does this matter? Because Fraud Experts are using more advanced technology such as chemicals to alter checks. When is the last time you conducted a check fraud review?
How can KJC help? KJC will perform a Check Risk Assessment for all your official checks.
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