How does Check 21 affect identity theft and check fraud?
The use of check images instead of paper checks should make it less likely that an identity thief will come into possession of the personal financial information located on your check. The original check is physically taken out of the processing stream, and the security of electronic channels limits human contact with your financial information. Also, since check clearing is much faster, fraud can be detected and investigated sooner. This should result in a quicker resolution to illegal check fraud.
