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Ingo CEO: Technology Plays Defensive Role Against Mobile Deposit Check Fraud

PYMNTS

As to the fraud itself: There are the counterfeit COVID checks, and there are duplicate deposits where checks are cashed multiple times. Edwards contended that it takes a while for the government to return them and for banks to uncover who is liable for duplicates. You've got to have a broader point of view.”

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Payment Automation: The Future of Business Transactions

Nanonets

Greater levels of accuracy Automating payment processing enhances accuracy by validating invoice data against ERP or accounting systems, eliminating manual processes and paper handoffs that cause errors, and flagging duplicate invoices. Some technology providers guarantee accuracy.