Ingenico 2500SP Supplementary Manual Download | Manualshive

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C

OMBATING

COUNTERFEIT CHECKS
AT THE TELLER WINDOW

A White Paper discussing issues and solutions to the

ongoing problem of check counterfeiting

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Summary of Contents for 2500SP

Page 1: ...COMBATING COUNTERFEIT CHECKS AT THE TELLER WINDOW A White Paper discussing issues and solutions to the ongoing problem of check counterfeiting...

Page 2: ...idth This has enabled branches to reduce the cost of communications while expanding the branch level customer services they offer Additionally ATM access home banking via PC mergers acquisitions and c...

Page 3: ...mounted it became clear that the risk associated with doing nothing and charging off the losses as a cost of doing business was no longer acceptable Various solutions began to emerge In the mid 1990...

Page 4: ...heck reader could quickly determine whether magnetic ink was present banks began to deploy check readers at the teller window The initial impact was dramatic Professional crime rings and local amateur...

Page 5: ...e However beginning in mid 1999 and into the present MICR quality in counterfeit checks has fallen The number of bank s deploying check readers for assistance in detecting fraud began to rise mirrorin...

Page 6: ...print the stealth mark are a trade secret and are only manufactured in highly secure facilities The stealth mark is invisible cannot be copied or laser scanned and is not visible under ultra violet or...

Page 7: ...pplication acceptance and was the first to be EMVco approved Major retailers need solutions that incorporate both magnetic stripe and smart card technology Ingenico the Power of One has the technology...

Page 8: ...000 Fax 770 594 6003 www ingenico us com 79 Torbarrie Road Toronto Ontario Canada M3L 1G5 Tel 416 245 6700 Fax 416 245 6701 www ingenico ca com Groupe Ingenico 9 quai De Dion Bouton 92816 Puteaux Cede...

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