Today’s technology has made it easier for criminals to replicate your checks. It can also help you catch them in the act.
Details
- Ensures accuracy of all checks originating from your company
- Occurs before the money actually leaves your account
- Improve control and security; fraud prevented before it occurs
- Imperfect matches flagged before payment issued
- Mismatched checks not paid, unless authorized by you
- Prevent duplicate checks from being cashed
- Daily, 24/7 service and convenience
- Set up rules to filter ACH transactions allowing only those you have authorized
In 2023, an industry-wide $1.4 billion total fraud was stopped using Positive Pay, a $12,871 average per client.
Learn More
Watch our Business Online Banking tutorial video to see this service in action.