Fraud Detection and Reconciliation Services
North American businesses deal with the reality of cheque fraud which amounts to an estimated $20 billion per year.
The proliferation of accessible, user-friendly, advanced image editing technology means that it is easier than ever to create fraudulent cheques. Proactive detection is vitally important but extremely difficult to achieve.
EIS has developed and patented, a comprehensive cheque reconciliation and fraud detection service called Payee Match to mitigate this risk
Benefits of EIS Fraud Detection and Reconciliation Services
- Identify potential fraud before funds are disbursed
- On-line verification and reconciliation capabilities
- Hassle-free implementation