WASHINGTON - Banks have a new weapon to deploy in their fight against fraud.The Secret Service announced Wednesday that it is widening a three-year-old pilot program to make available to banks and law enforcement agencies nationwide a database of counterfeit corporate checks.

To gain access to the site, prospective users must complete a brief questionnaire online, which the Secret Service then uses to run a background check. Banks cleared to use the site will be notified in about a day.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.