ACH POSITIVE PAY
Identify and block possible Automated Clearing House (ACH) fraud.
Establish and control ACH payment parameters or automatically block ACH debits.
Business Online and Business Online Pro provides a wide range of self-service banking capabilities with advanced fraud prevention features. You can enhance your account’s security with two optional tools:
ACH Positive Pay enables you to establish and control acceptable sender parameter profiles for payments. The service sends an electronic alert before executing an ACH debit outside the parameters you provide. You can then decide to either pay or return the invoice. If you do not, the system will default to returning it.
You can also review and update authorized debits for current and future transactions. ACH anti-fraud services include features to help avoid inadvertently rejecting authorized ACH payments.
ACH Block allows you to block all ACH debits from being posted to your account. All blocked transactions will be returned to the originator automatically.
Learn about business email compromise and how to help guard against it.
Wire transactions are favorites of fraudsters because the payments are final and settlement is in real time. Once they control the money, they typically transfer it to another account and then out of the country.
Fraud threats like Business Email Compromise are always evolving.