What is the Difference between eChecks, Digital Checks, and Mobile Deposit?
In my previous blog I wanted to discuss what ACH is and how it compares to eChecks or even Mobile Check deposits. However, I ended up focusing on the history of ACH instead. I..
Hidden Dangers of Unsecured Firmware in Banking and Finance Services
In our age of Information Technology, discussions about IT and cyber security are heavily focused on securing software from malicious agents. Rarely does anyone mention the..
Avoiding the Snare of Fraud: Uncover the Risks of Unsecure Check Stock
In the vast and mysterious world of the ocean, sharks lurk beneath the surface, posing unknown risks and dangers to those who venture too close. Similarly, the financial service..
Hidden Dangers of Unsecure MICR Toner in Banking Services
How treacherous is the banking and financial sector? In 2022, approximately $4 billion was stolen due to fraud. A further breakdown of the medium of fraud used to steal from..
Securing Government Transactions: MICR Printing in the Public Sector
Government transactions have always been a target for fraudsters who exploit hidden loopholes within the system to steal. The recent American Rescue Plan developed in 2021 to..
The Role of Printed Prescriptions: Legal and Regulatory Considerations
While electronic prescriptions are gaining popularity, it is essential to understand the legal and regulatory considerations that contribute to the continued use of printed..
Check Printing: Analyzing the Hidden Dangers within its Murky Waters
Individuals and businesses managing payrolls, issuing checks, and tellers must successfully navigate through the murky waters of the financial sector to avoid its hidden dangers...
The Evolution of Prescription Workflows: From Handwritten to Electronic
Prescription workflows have evolved remarkably, shifting from handwritten scripts to fully electronic solutions. The need for increased efficiency has driven this transition,..
What is the ACH?
In the first post of this series, I explored the costs of printing checks yourself with the goal of helping you understand the associated hidden costs. This second part I intended..