Check and ACH fraud continue to be a persistent threat to financial institutions and their customers. Capitol Federal® remains committed to keeping our customers as safe as possible from fraudsters. For our business account holders, there is an extra layer of protection available to further protect your business from Check and ACH fraud—Positive Pay.
Positive Pay is an automated technology that identifies potential check and ACH fraud, minimizing the risk of losses due to fraudulent activity. Our Positive Pay service includes both Check Positive Pay and ACH Positive Pay, offering reliable tools to detect and alert you to potential fraud on your accounts.
- Check Positive Pay monitors your issued checks against those presented for payment. By flagging altered, duplicate, or fraudulent checks, you can respond promptly to unauthorized transactions. Alerts allow you to approve or decline payments on any rejected items, all managed conveniently through True Blue Online® Business.
- ACH Positive Pay protects your accounts by filtering unauthorized electronic withdrawals. If an ACH withdrawal is not on your approved list, it will be suspended, and you will receive a notification to review the exception in True Blue Online® Business. You can then decide whether to approve or return the transaction.
This service is available exclusively for our business account holders for an additional fee.
Don’t let a simple payment via check or ACH lead to a greater financial loss. Add an extra level of protection to your business accounts today with Positive Pay. To sign up, or speak with an associate to learn more, call 1-888-510-7333.