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Risk Management
Just as you need to mitigate risks, your business clientele must to do the same. Empower them with Account Reconciliation, Positive Pay and Stop Payments. These online banking applications offer full force flexibility, from customizable permissions and approval levels to controlled access. Above all, they offer peace of mind.
Account Reconciliation: Reconciles end user information against paid check information, identifying outstanding checks by serial number, issue date and dollar amount.
Positive Pay: Validates checks paid by the customer and matching those checks against the end user-issued check records.
Stop Payments: Gives businesses online capability to stop check payment
What It Does For You
- Generates additional fee income
- Increases retention
- Attracts more profitable commercial customers.
What It Does For Your Business Users
- Combats the ever-growing billion-dollar risk of check fraud
- Eliminates time-consuming manual account reconciliation
- Extends greater control and flexibility
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