Category: Check Fraud

Are You A Good Candidate for eChecking?

Are You A Good Candidate for eChecking?

You may have heard of eChecking, and what it does for some time now – but haven’t quite decided to switch from paper checks. It’s understandable that with the hype that surrounds many modern business practices, you may be a bit leery. Not to worry! At ValidCheck, we believe that this integrated, seamless banking experience…

Read More
What is an eCheck from ValidCheck?

What is an eCheck from ValidCheck?

Today, with modern technology, there are more methods of payment than ever before. With so many transactions taking place online, safe and reliable electronic payment is not a luxury but a necessity. With ValidCheck electronic payment, the only information a payee needs to send funds electronically is a name and email address, making sending an…

Read More
Disadvantages of Paper Checks 

Disadvantages of Paper Checks 

When it comes to banking, there are reasons why a product or service becomes a mainstay in transactions. Conventional checking is a prime example of a system that has withstood the test of time. Though this trusted means of sending money has lasted a while, there are a few cons to utilizing this method. Below…

Read More
Types of Check Fraud

Types of Check Fraud

Despite best efforts and a vigilant eye on business transactions, it’s a reality that fraud is almost everywhere. This is especially true when it comes to paying for goods and services, and making money transfers. From hackers to forgery — there are multitude of ways that payments can be compromised. It is essential to understand…

Read More
Max Convenience With a Streamlined Business

Max Convenience With a Streamlined Business

Whether you’re jump-starting a new business or you’re well-versed in running a company – efficiency is very important. When interacting with consumers, stakeholders and the like – it’s crucial that everything is running smoothly in real-time and behind the scenes. Streamlining your business, especially in regards to payment systems, is a great way to make…

Read More
Avoid Fraud & Close Safely — eChecks 101

Avoid Fraud & Close Safely — eChecks 101

When you’re about to close on a property, typically there are only a few steps remaining to tackle. Some of the last checklist items will have to do with submitting payments and transferring funds to various accounts. Whether you’re working with an agent, an escrow officer or sending money yourself — it’s important that the…

Read More

HomeSmart CEO launches ValidCheck company to eliminate check fraud

Matt Widdows, founder/CEO of Scottsdale-based HomeSmart International real estate brokerage, recently launched a new eCheck product called ValidCheck. HomeSmart International CEO Matt Widdows. Changing the way consumers and businesses process transactions, the innovation is designed to eliminate fraud and streamline online payments as ValidCheck eCheck has the same components as a traditional check including routing…

Read More

HomeSmart founder develops product to eliminate check fraud

The FBI estimates more than 500 million checks are forged annually in the United States. Losses from check fraud total $18.7 billion and affect over 70% of organizations each year. Designed to eliminate fraud and streamline online payments, ValidCheck is a new eCheck product changing the way consumers and businesses process transactions. Each ValidCheck eCheck contains the same…

Read More