Fraud Prevention Services

Our Positive Pay fraud prevention services allow you to review incoming and outgoing checks before they are processed to guard against fraudulent activity.

Catch check fraud before it happens with Check Positive Pay*, a unique fraud protection service from Altabank. As you issue checks, an online data file will be generated with payee information that is then submitted to Altabank. Positive Pay electronically matches your issued checks with those that are presented for payment. Any check presented that is not on your list is considered potentially fraudulent. You’re then notified so you can access the system and either release the check or have it returned as fraudulent. Positive Pay reduces the risk of loss and payment of fees due to unauthorized, lost, stolen or duplicate checks. It also helps your company save time by avoiding the hassle of trying to recover funds.

For an added layer of security and control over ACH debit transactions, use Altabank's ACH Positive Pay service. ACH Positive Pay helps protect your account by comparing  ACH debits leaving your account against authorization rules you establish. Transactions that meet your predefined criteria are processed normally, while exceptions are presented for your review. You can then decide whether to return the debit before it is deducted from your account, helping prevent unauthorized transactions and reduce the risk of fraud.