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EZShield receives check fraud protection patent

Thursday 3 January 2013 09:15 CET | News

EZShield, a provider of identity management solutions, has received a patent on 1st of January 2013, for “System and Method of Providing Recovery to Victims of Check Fraud.”

EZShield Check Fraud Protection Program is a method to help protect consumers against losses associated with specified forms of check fraud and, under certain circumstances, will advance up to USD 25,000 within 72 hours to victims who subscribe to the program.

Checks remain a popular form of payment in the US and are subject to theft, fraud, misuse and unintended exposure of personal data. According to the American Bankers Association, the number of check fraud cases in 2010 amounted to 625,782 with total losses amounting to USD 893 million.

EZShield provides identity management solutions to consumers and small businesses through its network of strategic partners. EZShield delivers a range of identity management services, including data breach preparedness and response, internet and credit monitoring, protection from check and mail fraud and identity restoration.
 


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Keywords: EZShield, online fraud, check fraud, fraud protection
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime