Positive Pay

 

Fraudsters can strike at any moment, but with Positive Pay, your business has a powerful defense. This essential fraud prevention tool allows you to proactively monitor transactions against your check issuance files and customized ACH criteria.

 

When a check is presented for payment or an ACH debit is requested, our system automatically compares the transaction details with your pre-approved files.

• Matching transactions are processed seamlessly, ensuring your legitimate payments go through without a hitch.

• Discrepancies are immediately flagged for your review. You get a clear alert, giving you the control to approve or reject the transaction before any money leaves your account.

Positive Pay provides a critical layer of security, giving you peace of mind and protecting your hard-earned business capital from unauthorized activity.

 

 

Positive Pay for ACH (Wire Transfer)

Safeguard your accounts from unauthorized electronic transactions.

• Pre-authorize payments. Create a list of trusted companies that are approved to debit or credit your account.

• Get alerted. We'll notify you of any unauthorized transactions, which you can approve or return with a single click.

• Stop fraud before it starts. Detect and block fraudulent activity, saving you time and money on costly reconciliations.

• Customize your security. Set up specific notification criteria based on transaction type, dollar amount, and originator ID.

Positive Pay for Checks

Prevent check fraud by matching issued checks against what's presented for payment.

• Upload check details. Simply upload a file with the issue date, check number, and dollar amount for every check you write.

• Review exceptions. Our system will flag any inconsistencies, and you can choose to pay or return the item online.

• Protect your accounts. Block non-authorized checks from clearing your account.

• Avoid costly closures. Eliminate the hassle of closing and reopening an account in the event of unauthorized checks.