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Fraud Protection for Business Accounts
Strengthen your defenses against check and ACH fraud with tools that help you monitor transactions, flag suspicious activity, and stay in control of what clears your account.
Reduce Fraud Risk
Help detect fraudulent activity early and prevent disruptions due to fraud.
Control & Visibility
Review activity, approve what’s valid, and flag what isn’t.
ACH + Positive Pay
Layer protection across electronic payments and check activity.
Fraud Prevention with Positive Pay
Protect business, not-for-profit, and government accounts against unauthorized ACH or check transactions and other check fraud.
Benefits of Positive Pay
- Significantly reduce the risk of check and ACH fraud
- Provide greater control and visibility over payments cleared
- Help detect fraudulent activity early, potentially avoiding financial loss
- Prevent business disruptions due to fraud
Three Types of Positive Pay
Check Positive Pay
Verifies each check presented for payment against a list of checks previously authorized and issued by the company, including check number, account number, dollar amount, and payee name. Any discrepancy flags the check as potentially fraudulent for review. Also available for teller line validation of on-us checks presented to be cashed.
Reverse Positive Pay
Presents a report of checks that are clearing the account to validate the check number, dollar amount, and payee.
ACH Positive Pay
Allows businesses to view ACH debits and credits posted to their accounts, add vendors to an approved vendor list, and establish limits and frequencies. Transactions not meeting established criteria are flagged so businesses can review and decide legitimacy.
Business ACH
A more convenient, faster, and safer way to make and receive payments.
What is an ACH Payment?
ACH stands for Automated Clearing House, a U.S. financial network for electronic payments and money transfers. ACH payments transfer money from one bank account to another without using check payments, credit card networks, wire transfers, or cash.
For businesses, ACH payments are a popular alternative to physical checks and credit card payments. Because they’re electronic, ACH payments are cost-effective, faster, and more reliable than checks—helping streamline accounting and reconciliation. Generally, it costs less to process an ACH transfer than a credit card payment or wire transfer. If you accept recurring payments, the savings can be significant.
Benefits
- More convenient
- Payments show up in your bank register immediately (processing may take a few business days)
- Makes account reconciliation a lot easier
- Reduces the risk of check fraud
- Keeps your bank account information private from vendors
- A lot less expensive than using paper checks or paying credit card fees
Is ACH for Me?
ACH is for you if you have a business that values convenience, saving time, and wants to prevent fraud. ACH will allow the business to control whom they pay and when. It is also for you if your business uses payroll services or need to be able to debit customer accounts or business-to-business. Mid-to-large size business with hundreds or even thousands of payments processed every month can save a huge amount that makes a difference when it comes to the bottom line. Even small businesses prefer ACH, especially when it comes to getting paid.
More Business Solutions
Explore our complete suite of business banking products and services.
Business Checking
Blue or Cobalt accounts.
Business Savings
Grow your reserves.
Business Loans
Financing to grow.
Business Credit Cards
Low rate or rewards.
Business Services
Merchant & payroll.
Order Checks
Reorder business checks.
Merchant Services
Accept card payments.
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Ready to Get Started?
Our business banking team can help you set up ACH and Positive Pay tools that fit your workflow. Contact us today to learn more.
Frequently Asked Questions
Common questions about Business ACH and Positive Pay.