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November 27, 2023 Edition
Focus on Banking & Finance

Keeping fraud in check: Maine banks combat rising wave of check fraud

Renee Cordes

Banks and credit unions are spending more to prevent check fraud, which is escalating nationwide even as people write fewer checks.

Today's Poll

Is your company planning a holiday party this season?
Poll Description

'Tis the season for the workplace holiday party or gathering.

In its annual holiday party survey report, the executive coaching firm Challenger, Gray & Christmas Inc. said 64% of companies plan some kind of holiday celebration. 

But 17% said they plan to reduce party expenditures from last year. And 4.5% expect to do a virtual holiday party, up from 3.9% a year ago.

More than half, 56%, of companies say they "always" do a holiday party, regardless of the economy.

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