With annual check fraud losses rising and ACH payments becoming increasingly popular, it's important to take proactive measures to reduce your losses. People's United can help your business manage the risk with check fraud and unauthorized ACH debit activity with these innovative fraud protection tools.
- ACH Block
Returns all ACH debits or credits attempting to post to an ACH blocked account.
- ACH Positive Pay
With this service only authorized electronic transactions are allowed to be withdrawn from your account.
- Check Positive Pay
Compares checks presented for payment against your electronic check issuance file to identify unauthorized payments.
- Dollar Amount Blocking
Matches each check received for payment to ensure checks do not exceed the authorized dollar amount.
- Serial Number Blocking
Matches each check received for payment against an authorized check range.
Equal Housing Lender
