SALEM, Ore. - U.S. Bank of Oregon has agreed supply check verification services to several Oregon state agencies.
Under an agreement with the state Treasury, U.S. Bank will make its SCAN product available to agencies such as the Department of Motor Vehicles and the Liquor Control Commission.
SCAN, which operates through standard card authorization terminals, lets users compare a check submitted for payment against a data base of uncollected checks compiled by 40,000 stores. The data base also includes information from 80% of the nation's banks on accounts closed for cause.
"Check fraud has become an increasingly popular crime because the technology to tamper with checks has become more available and affordable," said Mike Schellenberger, senior vice president of cash management at U.S. Bank. "Fortunately, affordably priced technology is becoming available to make the crime more difficult to commit."