Reduce Check Fraud with Printerm Lexmark MICR printers

According to 2016 reporting, nearly $17 billion in fraudulent transactions were stopped by leading U.S. banks in 2016. Check fraud represented 35% of the total types of attempted fraudulent transactions, and has actually increased since the implementation of more secure forms of payment, like chip cards.

As financial institutions know, the cost of check fraud can be a serious drain on resources, and costs U.S. companies combined billions each year. At Printerm, our commitment to our customers includes bringing you the best solutions for easy and secure check printing, which is why we stock Lexmark check printers.

Printing and issuing checks on preprinted check stock is one of the most common ways fraudsters manipulate check materials. Lemark check printers are designed to reduce your risk through secure, automated MICR check printing. Their systems allow for printing on blank check stock using their core engine hardware. This reduces the risks associated with preprinted check stock, and also reduces issues with handling and storage of preprinted checks.

Reducing your company’s possibility for check fraud, whether from internal or external factors, is a huge cost and liability savings that is worth the investment in new materials and a new Lemark check printer. Your Printerm Datascribe account manager would be glad to help you discover the right solution and hardware for you, all backed by our commitment to the highest quality. At Printerm, we test all our products before they ship, from the printers to toner and ink cartridges. We know the importance of reducing costs associated with issuing checks, and are committed to partnering with you to make your business more efficient. For more information, contact us to set up a consultation or change to your account.