Mailed Checks are Unsafe
Published 9/7/23
Reports of mail theft and mail fraud have more than doubled in the past couple of years. Criminals have been targeting both residential mailboxes and postal collection boxes to steal checks and commit financial crimes. The New York Times even warns about a practice known as “check washing”, where check thieves will use chemicals to remove a check’s dollar amount and recipient and then rewrite the checks for much larger sums. The Financial Crimes Enforcement Network issued an alert on this alarming trend. Unfortunately mailing checks is no longer safe.
What can you do?
Thankfully, through InvoiceCloud, you already offer several safer ways to pay. Online payments are safer than mailed check payments, and your customers can feel secure knowing payments made through InvoiceCloud are protected by the highest-level of data security. Educating your customers on the dangers of mailed checks and teaching them safer ways to pay is just one way you can help protect their sensitive financial data from check thieves.
Wondering how to get started? InvoiceCloud has you covered. Join our webinar on September 12th to learn about the dangers of mailed checks and how to educate your customers on safer ways to pay.
Click here to register.