You need quick and easy access to disbursement information along with an efficient way to control check issuance and payments to reduce risk. Our fraud prevention services offer solutions to help reduce check and electronic fraud risk.
- Positive Pay with Payee Name Match—Help deter fraud by matching issued check information against items as they are presented for payment through the normal clearing channels or at our teller line. Complement your internal security measures to help ensure that only authorized checks are paid. Timely, online access to information also helps you to identify exception items sooner and reconcile disbursement account activity quickly and more accurately.
- Reverse Positive Pay—Review your prior day’s paid checks, view images of these checks, and communicate suspicious activity instructions within your online banking profile.
- ACH Positive Pay—Minimize risk by having the online control of authorizing or rejecting electronic debits presented for clearing on your account. Unpaid transactions are returned.
- ACH Debit Block—Protect your account against unauthorized ACH transactions. Debit block allows you to block all electronic drafts OR specify authorized debits to your account while automatically blocking those that are not authorized.
For more information, please contact your local b1BANK treasury management representative or banking center manager.
