CHECKS AND BALANCES

Retailers are finding that the best way to cut losses due to bad checks is to automate the approval process.Using technology such as electronic check readers, in-store check approval data bases and wide-area information networks, retailers are fighting back against check fraud -- and saving millions of dollars in check losses and bank charges.Automated check clearing has yielded substantial results

Retailers are finding that the best way to cut losses due to bad checks is to automate the approval process.

Using technology such as electronic check readers, in-store check approval data bases and wide-area information networks, retailers are fighting back against check fraud -- and saving millions of dollars in check losses and bank charges.

Automated check clearing has yielded substantial results for both retailers and wholesalers. Ralphs Grocery Co., Compton, Calif., has

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