Fraud prevention is extremely important to businesses as well as to consumers. Counterfeit checks can be difficult to notice if you do not know what to look for. The color on counterfeit checks is normally lighter or darker than a typical check; the perforation in the checks may appear a little off, and the routing number does not contain the normal nine numbers that routing numbers have. If businesses do not regularly receive checks for their services, they may not know what warning signs to look for, which is why it is important to have a software system that can assist with check processing.

CheckPlus software provided by Printech Global Secure Payment Solutions can help business owners and consumers to avoid check fraud. In order to protect your company from check fraud, there are two things that you must address: the paper that your checks are printed on, and the printing process. If checks are not printed correctly, they can easily be altered and made into something that they are not.

The CheckPlus system utilizes a special type of reactive chemicals that have a watermark built into each check that is being printed. Legitimate checks will have a watermark somewhere on their outer surfaces. A certain type of ink should be used to print checks. Thermochromatic ink contains a special toner lock that will make it impossible for characters or numbers to be altered once the checks have been printed out. Thermochromic ink is temperature sensitive and can change color with exposure to heat. Special MICR toner is a required component when printing checks. It is composed of at least 50% iron oxide and requires using a laser printer specifically modified to handle MICR check printing.

The CheckPlus system is capable of producing checks that have a live watermark that will repeat the payee data along the front surface of the check. There are additional micro text characters that are also visible on all printed checks that can easily be detected with a magnifying glass.

Some of the fraud prevention actions include setting the maximum dollar amount accounts; producing detailed reports for large dollar items; positive pay system.  These systems generate reports identifying potentially fraudulent items.  Whenever checks are disbursed, you electronically send the bank file containing information on each check – check numbers, dollar amounts, payee etc.  After checks are processed, the positive pay system generates a report listing exception items that do not match your checks issued information.  After reviewing the report, you may instruct the bank to return any potentially fraudulent items.

It is important to have centralized check-writing function and limit and control the number of official signers. It is necessary to perform reconciliation promptly with large dollar items reconciled on a daily basis.

CheckPlus takes all the necessary precautions to ensure that business checks cannot be forged in any way. Combined with secure check stock and secure laser printer and MICR toner, Printech Global provides a turn-key solution that is highly secure and reliable. As a business owner, it is important to employ a check payment system that will help you ensure that no fraudulent activities are carried out with your printed checks.

With these new standards set into place, people that reside or travel to the area will be able to move their money quicker, have lower business costs, and minimize the security risks that are associated with transferring their funds. The new regulations make it possible for businesses and individuals to be able to process and scan cheques electronically, without having to worry about the hassles that are circulated around older processing systems.

The implementation of the check scanning solutions was supposed to simplify the payment processing method for everyone in the Eastern Caribbean. The problem is that this electronic payment processing system requires some fine tweaking when it comes to its MICR line. Even though the brand-new regulations and implementations of the new cheque scanning and electronic processing systems have been put into effect, the truth is that consumers still require the assistance of outside companies to help them with their electronic processing and cheque scanning needs. This is where Printech Global Secure Payment Solutions come into the picture.

Printech offers a unique CheckPlus cheque writing system that gives businesses a convenient means of printing cheques, issuing refunds, dividends, financial statements and other secure documents. The software is essential for medium-sized businesses, large corporations, financial institutions, and government agencies. The software program offered by Printech follows all the new regulations that were set forth in the Eastern Caribbean in regards to their brand-new cheque scanning and electronic payment processing standards.

Understanding the new Eastern Caribbean cheque scanning and electronic payment processing systems can be difficult.

The IT team is working on development of the solution in Mandarin, Portuguese and Russian languages that will be available in the coming months.  With many companies expanding or moving operations overseas, it is not easy to keep payment processing in the same location. Many countries have different regulations and rules. Printech Secure Global Payment Solutions provides secure reliable software that is customized for each client to be in compliance with government and financial regulations. Now with software available in the local language, it becomes easy for personal to implement and use it to make payments.

CheckPlus check printing software works with companies’ existing accounting and insurance claims systems, including SAP, Netsuite, Salesforce, JD Edwards, Great Plains, PeopleSoft, Oracle Financials, Oracle Hyperion, CMS, BAAN, Flexcube, Lawson, CAPSIL Life Insurance, Insure90 General Insurance, Plexis Medical Claims Insurance, T24 Temenos Globus, Cogent, and many others regardless of the platform they run on.

Printech Global Secure Payment Solutions is a privately held financial payment processing service company with secure and feature-rich payment processing solutions and has been in operation for more than thirty years, servicing clients in 26 countries. The company has evolved with time and is now a major leader in secure payment solutions. The customers include midsize and large corporations, government agencies, and financial institutions both US-based and International that realize the benefits of MICR payment solutions. The software is used for secure printing of A/P checks, Payroll checks, Expense checks, T&E checks, Claims checks and more on less expensive blank safety check paper.

For more information on how you can increase efficiency and realizing cost-saving with the Printech check printing system, request a Free copy of the CheckPlus check printing software White Paper.

To combat the increasing amount of fraud committed by today’s counterfeiters, Printech Global Secure Payment Solutions offers you the SecureMark Blank Laser Check Paper with Double Check Shield, a sophisticated and innovative line of blank laser check stock paper with superior fraud avoidance security features to protect your organization against the threat of check fraud.

With the SecureMark blank laser check paper, your laser checks will be protected against chemical alteration, erasure, toner removal, photocopying and counterfeiting. If you want the best anti-fraud protection the check stock form Printech is the best you can get. We also carry a Value line of check stock which is still loaded with security features but at a lower cost.

The secure paper includes the following features:

• Two color left to right graduated pantograph
• MICRO printed borders
• Copier Void which produces a series of voids if scanned
• Warning Band Border
• Anti-Splice diagonal lines on the backer
• Artificial watermark feature which cannot be photocopied
• Fibers that are intensified under ultra-violet light
• Separate pantograph for the signature area.

Check the wide variety of check designs, layouts and color combination for business use that are available for immediate shipment. You can click to check if different options, designs that we offer. You can also request a free quote by calling our office.

“I am thrilled that Miriam has joined Printech,” said Goldberg. “We are very lucky to have her team leadership. Our partners in the financial, educational and construction sectors have given us a great vote of confidence that Miriam will be able to help Printech Global to expand beyond the countries that we currently service. She will be an excellent addition to the team and will provide high quality service and support to our clients.”

Prior to joining Printech Global Payments Solutions Miriam served as a Sales & Marketing Director at the Bonded Builders Warranty Group and was responsible for  Southern Florida. Miriam has been chairperson of the BASF South Florida’s BEST Awards. In 2006, she was honored as an industry leader, receiving the “Al Singer Spirit of the Industry Award”.  She is currently a Board Director and Executive Member of the BASF. Miriam’s past experience also touched areas of South and Central America.

The Print to Mail Accessory allows you to use pressure seal forms that replace the forms and envelopes used with conventional mail and will reduce your mail preparation costs significantly.

Common applications for the Print to Mail Accessory include payroll and accounts payable checks, grade reports,     transcripts, letters, statements, invoices and many more.

The Print to Mail Accessory can be easily disengaged to allow general office printing from your HP LaserJet printer.

Please contact representative to learn more.

Printech Global Payments Solutions, a customized secure payments software firm that specializes in the banking, conglomerate insurance and government sectors is exploring the ways to join in on the trend. As IT manager Magaly Ortega comments, “the web-solution is not the future, it’s now. The technology is jumping 10 steps a second, timing is everything and we must roll out cloud offering out because the market is very competitive, and we don’t want to be the last ones to arrive.”

Saleforce.com spokesperson commented that “the cloud, like the banking system, like any truly global system, is about openness and standards and transparency and trust and guarantees.” Printech provides robust security management system that is based on an internationally accepted security framework (such as ISO 27002) to protect customer data.

Read more on CBS MoneyWatch.com.

new and existing customers.

The offer is valid from March 17th through March 22nd.

Call 1-866-592-2838 to place an order while supplies last!

• CheckPlusCFO
• CheckPlusUltra
• CheckPlus – VISUALCheck
• CheckPlus – ACH & Positive Pay Modules
• CheckPlus – Special Security Features
• CheckPlus – Reconciliation