Fraud Prevention and Risk Management

Services are available to prevent unauthorized Automated Clearing House (ACH) debits, streamline the account reconcilement process, and enhance account security with internal controls to detect and deter fraud.

ACH Positive Pay is a powerful fraud prevention tool that gives your business more control over incoming electronic (ACH) debits. It allows you to review and approve ACH transactions before they post to your account — helping you stop unauthorized or suspicious activity in real time.

POSITIVE PAY

Identify and prevent fraudulent check payments. Provide us with check issue information as checks are issued, and we will verify the information as checks clear our system to ensure authenticity. If a fraudulent item is suspected, you have the ability to make a pay/no-pay decision and, if needed, return it through the Fed system.

Payee Positive Pay

Verifies that the payee name on a check matches the payee name in your check issue file. This extra level of security helps protect your business from fraud and unauthorized transactions.

Reverse Positive Pay

All the benefits of Positive Pay without the requirement to submit a check-issue file. Fulton Bank will provide a list of presented checks via BOSS. Using the check information, as well as a digital image of the check, you can then review and decide whether you want the paid item to be returned.

IMPLEMENTATION EXPERTISE

We will consult with you to provide a smooth transition as new fraud prevention techniques are integrated.

Partial Reconcilement

Receive electronic and paper listings of paid checks for the prior statement cycle. An additional report is available to summarize stop payment activity.

Full Reconcilement

Receive electronic and paper listings of both paid and unpaid checks by electronically transmitting your check issue information to us on a monthly basis. A variety of additional reports and services are available to summarize other account activity.

Deposit Reconcilement Services

If your organization makes deposits from multiple locations, this service provides you with a statement of deposits by location to aid in your reconcilement process.

Implementation Expertise

Our experienced account reconcilement staff will work with you to provide a smooth transition. Implementation times and requirements will vary by product.

Check Imaging

Check imaging options allow you to easily reference, sort, print, and store check images.