Business Fraud Prevention Made Easy.
Automatically monitor your accounts to ensure only authorized checks and ACH transactions post. Get instant alerts on suspicious activity to help prevent fraud.
Summary
- Minimize potential fraudulent check activity
- Searches for paid checks that do not have a match
- Simplifies reviewing flagged items
Within Positive Pay, the authorized signers will upload a CSV file or utilize direct input within Online Banking, detailing the serial numbers and amounts of checks written on a daily basis.
The program flags any check presented or check converted to ACH where either the serial number and/or amount does not match items in the file.
An account signer or other authorized individual would review the flagged item(s) and decide whether to pay or return the item(s) each morning through Online Banking before 11:00 a.m. EST.
