This solution helps protect your accounts from fraudulent or altered checks:
- Real-time monitoring and verification of checks presented for payment
- Reject suspicious or unauthorized transactions with ease
- Secure your checks from unauthorized alterations or forgeries
We offer two setup options:
Standard: Checks presented for payment are verified against the list of issued checks that you upload. Northwest will alert you to potentially fraudulent activity.
Reverse: All checks presented for payment will be flagged and sent to you to pay or reject.
Positive Pay offers numerous advantages for businesses in the ever-changing financial landscape:
- Enhanced Security: Protect your business from check and ACH fraud, reducing the risk of financial losses
- Simplified Monitoring: Easily detect irregularities in your accounts, allowing you to act swiftly to prevent fraud
- Streamlined Approval Process: Expedite the approval or rejection of suspicious transactions, giving you peace of mind
- Customizable Alerts: Receive real-time alerts for unusual or unauthorized activity, enabling you to take immediate action
- Cost Savings: Avoid financial losses related to fraud and unauthorized transactions
- Business Reputation: Safeguard your brand’s reputation and maintain the trust of your customers and vendors
This solution protects your account by allowing you to set controls for the ACH activity that clears your account.
- Protect your accounts from unauthorized ACH transactions
- Automated verification and monitoring of ACH transactions
- Review your account activity and approve or reject ACH payments
Positive Pay offers numerous advantages for businesses in the ever-changing financial landscape:
- Enhanced Security: Protect your business from check and ACH fraud, reducing the risk of financial losses
- Simplified Monitoring: Easily detect irregularities in your accounts, allowing you to act swiftly to prevent fraud
- Streamlined Approval Process: Expedite the approval or rejection of suspicious transactions, giving you peace of mind
- Customizable Alerts: Receive real-time alerts for unusual or unauthorized activity, enabling you to take immediate action
- Cost Savings: Avoid financial losses related to fraud and unauthorized transactions
- Business Reputation: Safeguard your brand’s reputation and maintain the trust of your customers and vendors
This solution offers ACH originators another option to prevent unauthorized or fraudulent ACH credit transfers.
- Ensure the legitimacy of credit origination requests
- Prevent unauthorized credit transfers
- Full control over your credit transactions
Positive Pay offers numerous advantages for businesses in the ever-changing financial landscape:
- Enhanced Security: Protect your business from check and ACH fraud, reducing the risk of financial losses
- Simplified Monitoring: Easily detect irregularities in your accounts, allowing you to act swiftly to prevent fraud
- Streamlined Approval Process: Expedite the approval or rejection of suspicious transactions, giving you peace of mind
- Customizable Alerts: Receive real-time alerts for unusual or unauthorized activity, enabling you to take immediate action
- Cost Savings: Avoid financial losses related to fraud and unauthorized transactions
- Business Reputation: Safeguard your brand’s reputation and maintain the trust of your customers and vendors
