SIX RETAILERS TESTING REAL-TIME CHECK FRAUD DATABASE

SCARBOROUGH, Maine -- Hannaford Bros. here is one of six retailers testing a loss-prevention system designed to counter payroll check-cashing fraud. The software application links the retailers to a universal negative check file, and directs associates, in real time, to accept or decline checks.Besides Hannaford, retailers reportedly testing the application include Harris Teeter, Charlotte, N.C.;

SCARBOROUGH, Maine -- Hannaford Bros. here is one of six retailers testing a loss-prevention system designed to counter payroll check-cashing fraud. The software application links the retailers to a universal negative check file, and directs associates, in real time, to accept or decline checks.

Register to view the full article