News for Banking Professionals to Accelerate Corporate Connections


Thursday, April 29, 2004 VOLUME 1 ISSUE 5 
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CONTENTS

Sunset for Modem Data Exchange

Preventing Check Fraud in a Check 21 Truncated Environment 

Let Us Hear
From You:  
Reader Survey


Check Fraud In the News

AcuPrint Solution Spotlight:  SecureCheck

SecurePay Sales FAQ

 

Contribute a Success Story

 

About AP Technology

 

SECUREPAY
SecurePay, created by AP Technology, is the easiest solution for positive pay implementation by any size business. Click here for more information.

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CLICK HERE TO SEE HOW YOUR BANK CAN INCREASE POSITIVE PAY ADOPTION WITH A PARTNERSHIP AGREEMENT.


Transporter Technology Ushers in Sunset for Modem Data Exchange

The time to automate file exchange with your corporate clients through your online web banking system is now.  Phase out your reliance on TTY modems and FTP servers by offering your corporate clients a smooth migration to using your bank website for easy and secure file exchange.  AP Technology’s Transporter provides commercial bank clients the ability to have unattended, automatic interaction with the bank’s cash management website for sending and receiving files, data, and documents.  Transporter resides on the client's computer and acts as a simplified, automatic gateway to the bank, and it requires absolutely no technology changes or new software at the bank.
Author:  Donovan Perkins, AP Technology

[CLICK HERE FOR FULL ARTICLE]



Catch a Check Fraud Criminal Today with Positive Pay.  


Request your SecurePay Launch Kit or Demo Disk right now.


Special Interest Report
Check Security Features and Positive Pay are Still the Strongest Methods for Preventing Check Fraud in a Check 21 Truncated Environment

With Check 21 legislation set to take effect in October, concerns have been raised that an image-based environment will open new avenues for un-prosecutable check fraud.  Banks and industry groups are on a quest for an image-survivable check security feature that can be used to detect fraud on scanned check images.  But as the realities of Check 21 unfold, the best defense to protect banks and their customers from check fraud remain those methods that allow for detection of fraud at the time checks are presented for payment, such as check stock security features and positive pay.   
Author: Jessica Andrews, AP Technology

[CLICK HERE FOR FULL ARTICLE]


Let Us Hear From You

Reader Survey
Take a two-minute Reader Survey to give us some feedback about the Financial Data Exchange newsletter.  Filling out this survey enters you into a random drawing for a Digital Camera.  Winner will be notified via email.


  Check Fraud in the News

Unisys Launches Check Imaging Hardware and Services for Check 21 Legislation; New Check Processing System Facilitates Faster, More Secure Electronic Banking
April 5, 2004 -- BusinessWire -- (Blue Bell, PA)
To help banks comply with Check 21 legislation and benefit from the ability to exchange digital check images, Unisys Corporation has introduced the NDP Quantum Series -- a new check processing hardware system.
http://www.tmcnet.com/usubmit/2004/Apr/1028663.htm

Bank of America Global Treasury Services Announces Enhancement to Positive Pay (TM) Payee Verification Protection Service 
March 2, 2004 -- PRNewswire -- (Charlotte, NC)
Bank of America Global Treasury Services (GTS) today announced expanded capabilities that will be offered by its Positive Pay (TM) Payee Verification Protection Service.


White Collar Time

From February 6, 2004 Printed Edition
of the Baltimore Business Journal (Baltimore, MD), article written by Greg Lohr 
Corporate Scandals Highlight the Businessman's Crime
http://baltimore.bizjournals.com/baltimore/stories/2004/02/09/focus1.html


Eight Arrested in Check Fraud Scheme
Posted March 11, 2004
From WNEP Newswatch 16 (Luzerne County, PA), article written by Jon Meyer

A supermarket is out thousands of dollars and police believe one man was the ringleader of the scam that is to blame. 
http://www.wnep.com/Global/story.asp?S=1706065


AcuPrint Solution Spotlight:
SecureCheck MICR Laser Check Printing Solution

CASE STUDY  
SecureCheck Scales to Accommodate Realty Management's Growth

"SecureCheck is a solution we believe in and would recommend.  SecureCheck eliminated potential security issues, in addition to saving us time and money on our heavy check printing needs,"  states Scott Seegmiller, Realty Management's CFO.

Realty Management, headquartered in Las Vegas, NV, is a property management and construction company founded in 1990, focused primarily on three areas"  fee management of multi-family apartments, homeowners association management, and new apartment construction.  The company has been using SecureCheck for their laser check printing needs since 1991.

[CLICK HERE FOR FULL ARTICLE]

For more information about the SecureCheck MICR Laser Check Printing Solution, contact AP Technology at 1-800-652-2877. 


SecurePay FAQ
From time to time check the Data Exchange for SecurePay FAQ.

Q:  Can I use SecurePay for more than one bank account?

[CLICK HERE FOR THE ANSWER]


Contribute a Story
We want to hear from you.

Know a positive pay success story that would be great for The Data Exchange?
Want us to cover a topic you haven't seen yet?

EMAIL THE EDITOR


AP Technology

Headquartered in Carlsbad, California, AP Technology's initiative is to facilitate data conversion and transmission between banks and their corporate clients while increasing client automation.


 

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Published by AP Technology
Copyright © 2003 AcuPrint, Inc.. All rights reserved.
These materials have been prepared by AcuPrint, Inc. for informational purposes only.