In 2025, check fraud losses are projected to exceed $24 billion
Check fraud has grown more than 2X in the last 4 years
1 in 5 SAR reports involve check fraud
As check use is on the rise, the fraud associated with physical check use is on the rise.
Despite advancements in detection, fraud tactics are getting more sophisticated.
CodePaid prevents all sophisticated forms of check fraud by eliminating the need for sensitive personal information to be printed on a physical check. The system automatically detects and rejects all fraudulent types of attacks.
Secure check printing with advanced encryption technology
Seamless integration with your current check printing setup
Modern alternative to traditional wire transfers
Instant validation of check authenticity
Direct connection to major banking systems
Sync with your existing accounting tools
Chemical alteration of check details
Presenting the same check multiple times
Writing checks on closed accounts
Exploiting the float time between banks
Physical theft of checks
Secure business and peer-to-peer transactions
Control and monitor payment timing
Track and recover missing payments
End-to-end payment protection
Instant payment verification