Protect your business from unauthorized transactions.
Check fraud is a major roadblock businesses face today, that’s why we’ve recommended Positive Pay. With Positive Pay you can feel at ease with extra layers of protection added to your business. This secure and powerful online tool helps protect your business against fraud by comparing incoming checks and ACH items against your issue information. We want to make it easy for you to securely manage your business.
With Positive Pay you have access to:
- Positive Pay Checks with Payee Match (New)-The Positive Pay service is one of the most effective anti-fraud tools available today for check disbursements. You upload your check issuance data, the system matches all checks being presented for payment against issuance information. We present a list of exceptions and you make the decision to Pay or Return the check.
- Positive Pay ACH Monitoring – The ACH Monitoring Service will flag any ACH Debits or Credits from vendors that you have not pre-authorized. We will present a list of exceptions and you make the decision to Pay or Return the ACH transaction.
- Check Reconciliation – Reports from the system can be used to assist in reconciling to business account statements. The report displays newly issued checks, paid checks and stopped or voided checks. The report also provides a total of outstanding checks.
With Positive Pay you have the option to designate approval on decisions. You can assign user access and functionality levels. It provides multi-user access from multiple locations and offers dual levels of authorization.
You can easily view unauthorized transactions and can choose to pay or return. Unpaid transactions are returned at the end of the day.
Linking to Non-Fremont Bank Websites