Positive Pay/Check Reconciliation
Commercial account holders can now enjoy additional peace of mind with positive pay! The NEW Positive Pay/Check Reconciliation enhancement reduces your check fraud risk by:
- Systematically comparing cleared checks with your issued check file
- Automatically flagging exceptions and delivering reports the next day
- Offering an easy format for processing exceptions and submitting decisions
Did you know that an average of 1.2 million fraudulent checks enter the payment system every single day? We want to help protect your business against fraudulent activities that can cause devastating losses and decreased cash flows. Positive Pay will also save your company money with time-saving reconciliation features. This is another tool we can use to stop check fraud in its tracks!