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Banks using modern technology to prevent ID theft, fraud.

Publication: Mississippi Business Journal
Publication Date: 26-JAN-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Banks using modern technology to prevent ID theft, fraud.(Banking & Finance)

Article Excerpt
Most people appreciate being recognized by the teller at the bank when doing banking business. But with modern technology, a customer can be recognized even when going for the first time to a branch far from home.

BankPlus, for example, has a program called BankCars started in early 2007 that involves scanning the driver's license of customers to make sure about their identity. After the driver's license or other picture ID is scanned, it automatically comes up on the teller's computer screen when a customer comes in to do business. This not only helps prevent fraud, it also reduces the time people have to wait in line.

Caroll Stutts, director of training and senior vice president, BankPlus, Jackson, said the program helps protect the privacy of customers while also preventing fraud.

"When a...

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