Protect your corporation’s finances with Positive Pay. American businesses and banks will lose $50 billion in this year alone due to check fraud, but you don’t have to be one of them. We can help you detect and prevent check fraud with Positive Pay, an automated check-matching service.
Here’s how Positive Pay will work for you:
- Identify illegitimately issued checks
- Catch checks with altered dollar amounts
- Prevent paying a check with an encoding error
- Ensures stale-dated, voided or stop-pay checks are not paid
Additional Protection with Payee Positive Pay
Increase your level of defense against check fraud with Payee Positive Pay. Our intelligent interrogation technology will verify the check’s payee name against an issued file from the customer. Payee Positive Pay will also analyze each check’s handwriting.
Contact a business banker representative at (573) 634-0888 or stop by any location to get started.
Determine which business solution is right for your business. Take a few minutes to run through Business Analyzer today. We’ll ask a few simple questions about your business and provide recommendations just for you.