Positive Pay
Being proactive is one of the best ways to stop fraud at your business. Positive Pay provides your business with effective tools to prevent check fraud and gives you the ability to monitor items posted to accounts, pay an issued item, or return an item if it doesn’t match a record.
ACH Fraud Filter
Kick fraud attempts back where they came from with ACH Fraud Filter defenses which provides ACH protections and reporting. Your team can verify payments, handle exceptions, track activity and generate reports, while receiving timely notifications. ACH Fraud Filter saves time, money and protects your business from fraud.
The Fraud Filter Product Suite for ACH includes:
- ACH exception decision making
- Filter Notifications
- Notifications 30 minutes prior to cutoff
- Pay / Return decision history reporting
- Account-specific user entitlements
Check Monitoring
Checks are not going away anytime soon and businesses need to constantly improve reconciliation methods in tandem with today's ever-increasing security concerns.
Check Monitoring will stop check fraud in its tracks with better protections and additional competitive advantages by reconciling accounts with the protection of Positive Pay. Using our automated check-matching technology, you can monitor checks processed for payment across all your accounts and reject unauthorized transactions to mitigate payment risk.
Benefits of Positive Pay Check Monitoring:
- Visibility to checks flagged as potentially fraudulent exceptions
- Efficient and convenient access to decision check exceptions on desktop and mobile
- Historical reporting on all exceptions
- Check issue management from uploading to reconciling
- Notifications for Review and Pending Cut Off
- Helps to quickly identify suspicious items
- Access to check images for comparison
To learn more or receive a Free demo and fee schedule on Positive Pay ACH Fraud Filters or Check Monitoring, contact our Cash Management Specialist at 319-352-1340.
