Flexible, Customizable Fraud Protection
for your Business.
As the risk from check fraud continues to increase, it’s more critical than ever to protect your business from being exposed. MyFinancial’s Positive Pay is a simple but powerful fraud mitigation solution that provides early detection of fraudulent activity.
What is Positive Pay?
In its basic form Positive Pay compares your incoming checks against your issued check file to ensure that the check number and dollar amount match. You are automatically notified of discrepancies and can determine whether to pay or return the item, right from within Business Online Banking.
Customizable, automated protection.
Our system offers various customizable account-level settings that ensure your accounts are protected in alignment with how your company does business. In addition, there are numerous automated task options to reduce manual entry, freeing up time for more crucial business activities.
Next-Level Fraud Detection.
Plus, with ACH Positive Pay, we bring fraud protection to the next level. This feature summarizes the ACH activity on your account every day and provides this information via text or email giving you the ability to easily return any items you determine to be fraudulent, while making sure valid items remain paid.
Questions?
If you have questions on how to get started with Positive Pay,
please contact a Business Account Representative today at 800-123-4567.