Fraud is on the rise and today’s technology makes it even easier for criminals to replicate checks and make fraudulent transactions. Fortunately, Pennian Bank can help your business be proactive and stop fraud in its tracks.
Positive Pay from Pennian Bank offers Central Pennsylvania businesses powerful fraud detection. This program helps automatically detect fraud by matching account number, check number and dollar amount of each check presented for payment against a list of checks authorized and issued by your business. All of these components must match exactly or it will be detected as possible fraud.
This powerful tool can also be used in the same way to screen incoming ACH transactions to identify unauthorized debits. Positive Pay allows ACH debits to be filtered, reviewed and approved or returned, ensuring only legitimate transactions post to your account.
Help detect fraud before it happens to your business! Call today to find out more about how your business can be protected with Positive Pay.