Safeguarding your business from fraud is a top priority. Our Positive Pay suite of products offers robust solutions to detect fraud, ensuring your financial security. By implementing our Positive Pay program, you gain comprehensive tools against fraud, ensuring that only authorized transactions are processed. Secure your business finances with Enterprise Bank's dedicated fraud detection solutions.
Check Positive Pay
Our Check Positive Pay product compares the checks you have issued against those presented for payment, such as the account number, check number, and dollar amount of each check presented for payment on your account against a list of checks previously authorized and issued by your business. This process flags any discrepancies, allowing you to review and decide whether to authorize or return suspicious checks, giving you control over your financial transactions.
Payee Positive Pay
Enhance your check fraud detection with Payee Positive Pay. This service includes payee name verification in addition to standard check details, providing an additional layer of security against altered or counterfeit checks.
ACH Positive Pay
Our ACH Positive Pay service offers protection against unauthorized ACH transactions. By allowing you to define rules to monitor and manage ACH debits and credits posting to your account, this service ensures that only authorized electronic payments are processed, safeguarding your accounts from fraudulent activities.
Benefits of Positive Pay
- Enhanced Security: Detect and prevent unauthorized transactions before they impact your account.
- Improved Control: Review flagged items and make informed decisions on whether to pay or return them.
- Cost Efficiency: Reduce losses from fraudulent checks and ACH transactions, saving your business money.
Why Choose Enterprise Bank?
- Expert Guidance: Our experienced professionals provide personalized support and insights to educate you on best practices and fraud awareness.
- Innovative Tools: Leverage cutting-edge technology and tools designed to detect fraudulent transactions.
- Community Focus: As a bank dedicated to building strong relationships and supporting our community, we are committed to helping businesses create success.