Document scanning software is the interface that allows a computer user to communicate information to a scanner, which then converts a paper document into an electronic image.
Document tracking is a process that helps financial institutions prevent, identify, and resolve issues related to existing, missing, expiring, trailing, and other documents.
Dormant accounts (usually checking or savings accounts) are those that have had no activity for a lengthy period.
Dual control involves putting into place checks and balances that prevent employees from committing theft, fraud, or other actions that would negatively impact an organization.
Duplicate Check Fraud
Duplicate Check Fraud occurs when a fraudster intentionally deposits the same check multiple times, either by submitting it to different financial institutions or using various methods to process the same check more than once. This is often done by manipulating or altering the check's information, such as the check number or account details, to make it appear as a legitimate new transaction. The fraudster takes advantage of delays in detecting duplicate submissions or weaknesses in the banking processing systems to withdraw funds multiple times.