Here, Christian Simko, director of product marketing & communications, Relyco, Dover, N.H., shared his thoughts on this growing problem.
Print Professional (PP): Has check fraud declined, remained stable or increased over the last year?
Christian Simko (CS): You would think check fraud would be in decline [because] the use of paper checks is declining. But from what we're hearing and [based on] the demands from our customers, it seems that check fraud has been increasing. The state of the economy is probably the major factor in the increase of check fraud. Other reasons why check fraud may be increasing are that checks are harder to tamper with and that there are better ways of detecting fraud. So, it may also be a case of a rise in fraud detection rather than a rise in actual fraud.