Fraud Prevention
Positive Pay keeps fraud in check
Stop fraud before it can harm your business. Positive Pay services check outgoing transactions against a supplied record of issued checks. Anything questionable is halted and flagged for your review before the funds leave your account.
Signature Bank’s Positive Pay management is also easy to use: simply log into online banking to control and view activity. Get peace of mind for tomorrow when you sign up today.
Summary
- Reduce check fraud against your business; catch fraudulent activity before it happens
- Transactions thoroughly checked against a supplied record of issued checks
- Questionable checks flagged for your review before funds leave your account
- Automatically receive alerts about suspicious activity
- Simple process from start to finish
- Timely check return
- Delivered through the Signature Bank online banking portal
