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Some of the current trends in the check sector can introduce a new set of problems. For example, Litster noted that the conversion of paper checks into electronic debits (ACH) or digital images is hot right now. This includes depositing checks remotely using a scanner supplied by the bank (remote deposit capture), or a .jpg picture taken with a cell phone (mobile banking), he said. However, while check conversion makes banking easier for customers, it makes check fraud a "lucrative venture" because the physical evidence is gone.
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Elise Hacking Carr
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Elise Hacking Carr is senior production editor for Print & Promo Marketing magazine, and managing editor for PRINTING United Journal.
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