However, your feedback is important to us. The colon is part of the large intestine, the final part of the digestive system. Its function is to reabsorb fluids and process waste products from the body and prepare for its elimination. The colon consists of four parts: descending colon, ascending colon, transverse colon, and sigmoid colon.
Electronic Banking, Check Fraud, and Positive Pay. Check fraud statistics. According to the FBI, fraud costs consumers, banks and businesses $18 to $20. billion per year. In a 2003 survey of member banks, the ABA found that losses from check. fraud cases totaled $677,000,000. American Bankers Association (ABA) states that an average of 1.2 million. fraudulent checks enter the system each day and losses are growing 2.5%. annually â in spite of declining check volume.
Private sector fraud losses of Â£12 billion make up 31% of the total annual figure. The financial services industry recorded the highest loss to fraudsters at Â£3.6 billion. Online banking, however, has seen an increase of 14% (Â£60 million). Mortgage fraud (Â£1 billion) and insurance fraud (Â£2.1 billion) remain high. A new inclusion in the AFI is fraud losses to SMEs at Â£780 million. The NFA and the Federation of Small Businesses (FSB) worked together to produce this estimate â the first of its kind.