The Positives of Positive Pay (ACH and Check)

When:  Jul 30, 2024
In an era when digital payment methods are gaining popularity, traditional check payments still dominate business transactions. Yet, regardless of whether payments clear electronically or via check, security risks will always be a concern for financial institutions and businesses. Positive pay is gaining momentum as financial institutions and businesses try to mitigate their losses. Positive Pay allows businesses to manage and monitor the transactions posting to their accounts via filters and blocks, allowing fraudulent situations to be identified quickly and reduce the risk of potential fraud. Please note: the recording of this webinar is included with the NCP Continuing Education Package.