Take a proactive approach to mitigate the risk of fraudulent losses by implementing preventive measures rather than reacting after fraud occurs. By staying ahead of potential threats, you can safeguard your business’s financial well-being and minimize the impact of fraudulent activities. Bravera’s Business Online Banking platform offers ways to detect fraud with Positive Pay and ACH filtering options.

Positive Pay is a fraud prevention tool within Business Online Banking that allows you to monitor checks clearing your business accounts to prevent check fraud. Bravera’s Positive Pay system compares all checks presented for payment from your business account(s) to a list of issued checks you uploaded into your Business Online Banking. If a check does not match the list uploaded, it will be flagged as an exception for you to review and decide to pay or return. Exception reasons may include: invalid amount, invalid check number, item not issued, duplicate item, payee mismatch. Checks that are not approved will be returned.

Similar to Positive Pay, ACH filtering allows you to monitor incoming ACH activity and decide whether to pay or reject transactions based on filters you set in your Business Online Banking.

To learn more about Positive Pay or ACH Filtering contact us at treasury@bravera.bank.