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.
As the rest of the world has become more secure, fraud in the U.S. has increased. The U.S. has had the most card fraud in the world over the last 5 years. U.S. card fraud losses soared over $5 billion, up 14.5% in one year. Traditional credit cards have static data and can be easily cloned. Chip cards use a new encryption for every sale, making sales more secure.