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Positive Pay System: Know how it prevents cheque fraud and secures high-value transactions
As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who ...
Breakthrough solution automates Positive Pay, eliminating manual barriers that limit customer adoption and results in 30% of total bank fraud loss By automating Positive Pay, we're helping banks ...
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