Make life more difficult for fraudsters
Implementing image survivable barcodes on your checks is one of the most effective ways of detecting and preventing fraud.
By protecting the Magnetic Ink Character Recognition (MICR) code-line on a check, image survivable barcodes make it extremely difficult for fraudsters to alter or replicate checks.
Our innovative anti-fraud solution, Active Fraud Buster, can help introduce image survivable barcodes to your business’s existing fraud prevention activities.
Active Fraud Buster will add encrypted image-survivable barcodes, which only you can verify, to the checks you issue, making life easier for you – and more difficult for fraudsters.
Key features
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A barcode, containing unique, encrypted details about the code-line and specific customer information that only you can verify, is printed on the check.
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Once your bank receives the check for payment, the barcode data is read and automatically verified against the data read from the MICR code-line to ensure the data is genuine.
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Barcode data can be applied by the check printer or by the customer.
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Data can contain code line details including account number, check number or customer data such as payee information and amount details.
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Unlike most paper and ink based security methods, the Fraud Buster barcode survives the imaging process of check truncation.
Business benefits
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Prevents alteration of code line data to prevent and reduce check fraud .
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Authorized check printers can receive barcodes over a secure interface, providing you with complete control over security.
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Dynamic information, such as payee and amount, can be added by customers, which provides similar protection to Positive Pay.
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Not all banks in a country need to adopt the solution, allowing individual banks like yours to take their own initiative.
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Can be used in conjunction with other fraud prevention solutions to ensure all-round protection from fraud.