Information Reporting & Control

Alerts are notifications that are sent to you when certain account events occur. For example... you can set up an alert to notify you anytime your account balance drops below a certain amount. Any unread alert category will be displayed in bold. Click on it to read the alert. From the events list... you can review the notification... and easily remove it from the list. You can also review and edit... alerts you've previously set up. Quickly add a similar alert in the same category. Or set up a new alert. Just select a category... and the type of alert. Then continue. Next enter the specific information that will trigger your new alert. For example... if the current balance drops below $100... For my main checking account. Next select the method you prefer to receive your new alert. Complete the information... then finish. Your new alert will be confirmed... and added to your list of alerts.

Positive Pay is one of the most powerful tools you can use to protect your company against check fraud. The basics of Positive Pay are very simple. When you issue a batch of checks through your accounting program… the date the amount the payee and the account on which the check is drawn. Those records are exported from your accounting program… and imported to the Positive Pay system. As those checks are deposited… we compare the details of the check to the details you provided when it was issued. If discrepancies are found… the check is flagged… and placed in the Positive Pay exceptions list for you to review. You can then determine whether the check should be paid… or rejected. It’s a simple, but powerful way to stop the most common types of check fraud. The ACH Positive Pay functionality… allows you to set up rules to both preauthorize specific ACH transactions… and to monitor for ACH transactions that match specific guidelines. The system will then flag ACH transactions that fall outside these rules. In many companies… ACH transactions involve larger sums than checks. So, this new fraud protection system on your ACH transfers… can make Positive Pay even more valuable to your bottom line.