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09/03/2025
Fighting check fraud with tech: Treasury check validation on Symitar
CU Insight
In an era where fraudsters are getting smarter, credit unions must stay one step ahead, especially when it comes to check fraud. One of the most effective tools available now is the Treasury Check Verification System (TCVS) API, which allows institutions to verify the authenticity of U.S. Treasury checks in real time. When paired with Symitar’s SymXchange API, this integration becomes a powerful fraud prevention solution that’s both scalable and secure.
Why Treasury Check Verification matters
U.S. Treasury checks, such as tax refunds, Social Security payments and stimulus disbursements, are common deposit items at credit unions. Unfortunately, they’re also a frequent target for fraud. Criminals use techniques like check washing, counterfeiting and payee name manipulation to exploit these instruments.
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