|
|
Article: Northern Trust To Offer New Fraud Detection Technology From Fiserv; System Designed To Significantly Reduce Fraud on Corporate Checks.
- Article from:
- Business Wire
- Article date:
- May 7, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Business Editors
BROOKFIELD, Wis.--(BUSINESS WIRE)--May 7, 2002
The Northern Trust Company will be the first financial institution to offer new technology from Fiserv, Inc. (Nasdaq: FISV) that could help to significantly reduce fraud on corporate checks.
Positive PayPLUS with Secure Seal (TM) is an automated check-verification system that enables a bank to compare critical payment information on checks presented for payment against the original information captured at the time the check was issued.
Positive PayPLUS with Secure Seal expands on current check verification systems in two key areas: First, the system prints payment ...