Fraud Prevention

Positive Pay

Reduce the risk of check fraud with Positive Pay from Commerce Bank. With this service, you submit an electronic file each day detailing the checks your business issues. As each check is presented for payment, the Positive Pay system electronically compares it to the information in your file. Any discrepancies are flagged and reported through a special email alert and on Commerce Connections®, our online cash management system, where you can see an image of the check and make an online "pay/no pay" decision.

Positive Pay services not only help prevent check altering and forgery, they also automate your account reconciliation process. That means you spend less time and money on reconciling accounts, and gain a streamlined approach to check storage and retrieval.

Premium Positive Pay
Take your protection against check fraud to the next level with Premium Positive Pay. This service verifies, not only the amount of each check, but also each check's payee information against an electronic file you provide. You’ll be notified of any suspect items through optional alerts and on Commerce Connections® so you can make "pay/no pay" decisions.

Reverse Positive Pay
With Reverse Positive Pay, there is no need to create a file of issued checks for the bank. Instead, Commerce provides you with a daily file of paid item activity that you can compare against your database of issued checks. You can also verify endorsements by viewing check images on the Commerce Connections® Previous Day Reporting Module.

Interested in learning more?
Contact us1 about Positive Pay.

ACH Risk Manager

Stop unauthorized ACH transactions from settling to your company’s accounts with ACH Risk Manager from Commerce Bank.

ACH Risk Manager lets you safeguard against fraudulent activity by filtering or blocking unauthorized electronic transactions. Any item that meets the criteria you establish will automatically post to your account. Your company will be notified via email and/or text message of any rejected electronic item(s) that do not meet your filter criteria. Upon receipt of the rejected items, you can then return them or conveniently add filter criteria for future electronic transactions.

Interested in learning more?
Contact us1 about ACH Risk Manager.

Read the video transcript[PDF] 2

With financial fraud on the rise, how safe is your business account against unauthorized ACH transactions?

Email Alerts

Learn immediately when unauthorized ACH transactions post to your company’s accounts with alerts from Commerce Bank. Likewise, Positive Pay notifications alert you to suspect check items. Additionally, you can receive notifications on wires that come in or are sent out of your account. And receive alerts on your controlled disbursement totals each morning.

  • ACH Positive Pay – Identify unauthorized transactions by receiving an email notification when ACH items are received for your accounts that meet your pre-established criteria.
  • Positive Pay – Receive instant notification when checks presented for payment do not match the files you submit.
  • Wires – Manage funds with up-to-the-minute precision with text or email notifications on incoming or outgoing wires. Specify whether you’d like to view all wires, or just wires over a certain dollar amount.
  • Controlled Disbursement – Monitor presentments with daily totals sent via email each morning.

Interested in learning more?

Contact usabout Email Alerts.

Disclosures:

  1. To view or print a PDF file, Adobe® Reader® 9.5 or above is recommended. Download the latest version.

  2. To send an email that contains confidential information, please visit the Secure Message Center where there are additional instructions about whether to use Secure Email or Online Banking messaging.