Take control of preventing ACH and wire fraud by asking your bank about the technology they’re using to protect you. Police your account for all types of suspicious transactions, and keep your money where it should be.
ACH Positive Pay Technology
Receive actionable alerts when an ACH transaction hits your account, enabling you to thwart unauthorized ACH entries in real time. Establishing an ACH approval process before your account is affected allows you to easily identify trusted trading partners and to combat account takeover. You can even automatically set up an ACH debit filter for future transactions, eliminating the need for ACH blocks and outdated ACH debit filters.
Voice Recognition Technology
Convenient and completely automated, a 100% out-of-band verification process defeats wire fraud easily. Set up your wire transfer rules, and an automated system calls you when those rules have been exceeded. But it goes beyond simply entering an authorization code… today’s technology can recognize your voice and allow you to approve or deny the wire transfer over the phone.