Checkbook has fraud checks placed at each stage of a transaction, specifically designed to protect both merchants and consumers. 

Some ways that Checkbook protects against fraud:

  1. Checkbook, unlike Paper Checks, NEVER REVEALS the Bank Account Number & Routing Number of a Sender. The Digital Check image generated by Checkbook hides sensitive information of this kind.
  2. Checkbook places strong Limit Controls. This restricts the amount that can be transacted at one time and prevents any risky transactions from surreptitiously passing through. In fact, businesses and individuals need to go through strict rounds of KYC to increase limits.
  3. Checkbook sets transaction times at values that allow for thorough fraud detection. Only thoroughly vetted Senders may lower their transaction times.
  4. Checkbook disables any accounts that have been flagged by either the Sender/Recipient's Bank OR by a previous Non-Sufficient Funds (NSF) incident.
  5. Checkbook employs a strong team dedicated to fraud check and fraud control. They look for patterns and double check each transaction to ensure that any fraudulent activity is caught/prevented. 

Additionally, all applications, features and modules developed by Checkbook follow secure coding guidelines including those recommended by OWASP.

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