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Fraudulent Checks Rise as Banks Seek New Security
An article notes rising losses from fraudulent checks, citing a $4 billion annual US figure and Chase Manhattan cases. It describes Touch Signature, a chemical fingerprint device that marks checks with two inkless ovals, reducing losses and offering a deterrent, while acknowledging limits and psychological impact.
MENTIONED IN THIS ARTICLE
N.Y
New York
United States
Chase Manhattan
Louis P. Bagliolin
Los Angeles
California
Harry Camp
Camp
Indicator