Print in the Channel - November 2022

FRAUD DETERRENCE

The importance of secure printing Martin Ruda, group managing director at The TALL Group of Companies, talks about the importance of fraud prevention and the role secure printing plays in this.

providing secure cheque printing and use a variety of fraud prevention and detection processes. The recent addition of image survivable features (ISFs) onto the face of a cheque can greatly help with cheque fraud prevention. Such features enable the cheque data to be captured and encrypted within a unique coded number (UCN) or barcode that can be applied to the original paper cheque, thereby ensuring the validation of the item when the image is scanned within the image clearing system. Counterfeit items and fraudulently altered items can then be readily identified. We offer participating banks and their customers a range of ISFs dependent on the type, volume and value of cheques being produced. Our innovative patented UCN Plus® ISF provides an even more secure encrypted QR Code printed on the cheque at the time of infilling that captures data from the face of the cheque to provide additional cheque fraud prevention. Internal banking documents As part of our secure printing expertise we work with clients to print their ‘internal banking documents’, which support the movement of money from country to country and branch to branch. We provide internal banking documentation to major UK and international banks, shipping to global branch networks, and can offer the total management and storage of banking documentation whether cheques, credits or internal banking documentation from our secure, accredited facilities. Hybrid mail solutions Our secure printing service enables customers to reduce their operational risk, meet compliance standards, protect printed information at the point of issue, safeguard their customers’ assets, manage fraud, limit risk and protect their business. Using our accredited print sites, customers can out source managed document solutions through our print bureau services that provide complete flexibility in print requirements. Our secure hybrid mail solutions offer users cost effective print of personalised documents and mailings whenever and wherever these are needed saving time and cost of internal resource. For further Information: https://tallgroup.co.uk/ Contact: enquiries@tallgroup.co.uk

Today, secure printing is vital for organisations to ensure their documents are secure and that data breaches are avoided. Protecting vulnerable and sensitive documents is a growing concern, given the financial impact that fraudulent copies can have on a business and their customers. However, breaches in document security can have an even greater impact on an organisation in terms of reputational damage, which can be profound and long-lasting. It is also common: 66% of finance companies have experienced at least one print-related data breach and 75% of organisations have experienced cheque payment fraud. These figures are frightening, and with the increasing sophistication of cyber scammers organisations are right to be nervous. Because of the serious nature of print fraud, an increasing number of organisations are turning to secure printing to protect their interests. Secure printing for fraud deterrence The TALL Group is a provider of special cheques, credits, secure encoded documents and hybrid mail solutions. We understand the importance of fraud deterrence and prevention and help our clients to maximise the security of their documents with secure print production. We’ve been producing documents with overt and covert security features and help our customers to deter fraudsters, stop counterfeiting and highlight alterations. We make vulnerable documents impenetrable using security print features such as secure designs, watermarked paper, holograms, audit numbers, heat sensitive spots, UV, security inks and latent image technology. Our experience has resulted in close working relationships with educational establishments and governments worldwide where we’ve produced highly secure documents such as certificates and ballot papers for national, local authority elections and by-elections. Cheque fraud prevention We pride ourselves on being at the forefront of security printing and payments solutions, and have worked as trusted partners with a number of major banks and financial institutions for nearly 30 years. Cheque fraud ranges from criminals intercepting cheques and altering details, to the printing of false cheques and forging signatures. We specialise in

Martin Ruda group managing director The TALL Group of Companies 66% of finance companies have experienced at least one print- related data breach and 75% of organisations have experienced cheque payment fraud “

tallgroup.co.uk

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