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.
Online-channel frauds cost merchants $3.10 for each dollar of fraud losses, and the 36% increase in fraud through this channel among merchants accepting online payments is the main contributor to this increase. â¢ Merchants are losing a lower percent of revenue to fraud this year, at 0.51%, compared to 0.54% in 2012.4 2013 LexisNexisÂ® True Cost of Fraud SM Study Similar to large e-commerce merchants, International merchants also experienced a dip in fraud as a percent of revenue, though not quite as pronounced, having decreased from .74% in 2012 to .69% in 2013.