Summary of Contents for Ingenico 2500SP
- Page 1 OMBATING COUNTERFEIT CHECKS AT THE TELLER WINDOW A White Paper discussing issues and solutions to the ongoing problem of check counterfeiting...
-
Page 2: Executive Summary
Counterfeiting XECUTIVE SUMMARY With more than a 75% market share in North America, Ingenico is the leading provider of MICR recognition devices in the United States. The com- pany’s latest check reader is the e In addition to superior MICR recognition and an... - Page 3 HECK FRAUD TRENDS AND SOLUTIONS In branch operations, several factors have contributed to a dramatic rise in check fraud presentments: • Duplicating checks is easy with the relatively low cost of PC’s, scanners and laser printers. Additionally, many people have easy access to high-end color copiers.
- Page 4 MICR readers as part of the bank’s initiative to improve efficiencies in the branch. "Ingenico provides our branches with check readers that save both time and money by minimizing the amount of keystroke errors and reducing the amount of time the consumer spends in the teller line"...
- Page 5 “good” checks. As criminals began to utilize MICR toner to make their counterfeits, Ingenico’s analysis indicated a steady rise in MICR quality. Between late 1997 and into early 1999, it...
- Page 6 -Check 2500SP reads the check, verifying the MICR line. After which, the 2500SP reads the account number to determine if -Check 2500 SP -Check 2500SP. No detection...
- Page 7 All rights reserved. Ingenico is a registered trademark of Groupe Ingenico. All other brandnames and trademarks mentioned in this document are the properties of their respective holders. All information, features, and specifications are subject to change without notice.
- Page 8 Ingenico North America 1003 Mansell Road - Atlanta, GA 30076 Tel: ( 770 ) 594-6000 - 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...