Financial institution stakeholders know that electronic payment volumes are surging with no end in sight. Financial institutions (FIs) and their business clients also face increasing threats from ACH …
TrueChecks® has been a positive addition to the teller line. It is simple to use and alerts our tellers to possible fraud right at the time of presentment. TrueChecks® is one of our new favorite tools in fighting fraud!
Since implementing TrueChecks®, Yakima Federal Savings has all but eliminated losses due to counterfeit checks. TrueChecks® makes it much easier for staff to make the decision about whether or not to accept a check.
We are ecstatic about how TrueChecks® enables our tellers and identifies unusual banking behavior at the point of presentation.
Comprehensive Positive Pay Definition, Benefits, and Insights for FIs and Business Accounts
In the battle against check and ACH fraud, a Positive Pay system stands as an indispensable line of defense for financial institutions, providing robust fraud detection capabilities. By validating …
