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"As people become more educated regarding the legal realities of check fraud liability, they will be willing to pay the slightly higher prices for high-security checks," Johnson continued.
Labrant believes standardization is the biggest hurdle. With no standardization, he went on to say, it is difficult for tellers and point-of-sale clerks to know what to look for when determining the authenticity of a check. As a result, they often are not equipped or knowledgeable to recognize fraud.
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- Companies:
- SAFEChecks
- SICPA Securink Corporation
- People:
- John LaBrant
- Robin Johnson
E
Melissa Busch
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