Standard Register (NYSE:SR) today introduced the Frank Abagnale SuperBusinessCheck, the most sophisticated check ever developed in the fight against fraud. Available through Standard Register and SAFEChecks, the SuperBusinessCheck was designed to provide organizations with affordable protection against check fraud, one of America�s fastest growing and least prosecuted financial crimes. Designed by Frank W. Abagnale, one of the world�s foremost authorities on check fraud prevention and document security, the SuperBusinessCheck has numerous security features that make it almost impossible to replicate, or to alter without leaving evidence. Abagnale, whose youthful exploits as forger and imposter were depicted in the motion picture Catch Me If You Can, designed this check while considering every way to forge, counterfeit, alter or duplicate a check. He believes every company, both large and small, needs high-level fraud protection. �After years of designing checks for Fortune 500 companies and major banks, I created the SuperBusinessCheck to help businesses and organizations protect their checking accounts,� Abagnale said. �Though all companies are vulnerable to fraud attacks, the stakes are higher for small- and mid-sized organizations that cannot absorb a major loss, and where manufacturing custom-designed high-security checks in small quantities would not be economical.� In its 2006 Report to the Nation on Occupational Fraud & Abuse, the Association of Certified Fraud Examiners indicated that the median check fraud loss businesses reported was $120,000. According to Dan Thaxton, senior manager for security solutions at Standard Register, �In an environment where a fraudulent check can cost a business tens, or hundreds of thousands of dollars, preventing even a single check fraud incident can offset the added cost of high-security checks for years.� In addition to the powerful protective technologies designed into the check, the distribution controls put in place by Standard Register and SAFEChecks to maximize protection make this check unique, Abagnale noted. While most check stock is uncontrolled � meaning anyone can purchase the same blank checks as other businesses, even from the same manufacturer � the SuperBusinessCheck is tightly controlled. To keep costs down, the SuperBusinessCheck is manufactured on high-security presses and stored in secured areas until ordered. The blank check stock is then imprinted with the customer�s specific information � such as a logo, bank MICR line or other desired items � to create a high security check that is unique to each organization. For security purposes, the SuperBusinessCheck is never sold entirely blank without it first being customized in some way. Furthermore, the checks are manufactured with 16 security features including being printed on high-security multi-tonal, mill-made Frank W. Abagnale signature watermark paper. The paper is virtually impossible to replicate, is reactive to a full range of chemicals, includes a toner adhesion agent and multicolored fibers. The Frank W. Abagnale SuperBusinessCheck is part of Standard Register�s comprehensive suite of document security solutions designed to help companies protect their checks and other important documents from fraud. About Standard Register Standard Register is a premier document services provider, trusted by companies to manage the critical documents they need to thrive in today�s competitive climate. Employing nearly a century of industry expertise, Lean Six Sigma methodologies and other leading technologies, the company helps organizations increase efficiency, reduce costs, mitigate risks, grow revenue and meet the challenges of a changing business landscape. It offers document and label solutions, technology solutions, consulting and print supply chain services to help clients manage documents throughout their enterprises. More information is available at http://www.standardregister.com. About SAFEChecks SAFEChecks is a premier provider of check fraud prevention solutions. Headquartered in Canoga Park, Calif., the company offers high security personal and business checks, positive pay software, consulting services and MICR laser check printing systems. Established in 1994, SAFEChecks products and services are specifically designed to stop or deter check fraud losses while simplifying check printing. For more information, visit www.safechecks.com. About Frank W. Abagnale Frank W. Abagnale is one of the world�s most respected authorities on forgery, embezzlement and secure documents. For more than 30 years, he has lectured to and consulted with hundreds of financial institutions, corporations and government agencies around the world. Abagnale lectures extensively at the field offices of the Federal Bureau of Investigation and at the FBI Academy. More than 14,000 financial institutions, corporations and law enforcement agencies use his fraud prevention programs. Abagnale believes that because punishment for fraud and recovery of stolen funds is so rare, prevention is the only viable course of action. More information is available at http://www.abagnale.com.
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