Fraud Protection
Verifies checks issued by business to prevent fraudulent checks from being cashed.
What is Check Positive Pay?
Flags unusual or suspicious transactions for review.
What is Exception Item Processing?
This percent of small businesses experience fraud, according to the Association of Certified Fraud Examiners.
What is 31%?
Implementing internal controls and checks and training employees on fraud prevention and ethics are two ways to encourage this.
What is fraud prevention?
This is the number of bones in the human body.
What is 206?
Monitors and blocks unauthorized ACH transactions.
What is ACH Positive Pay?
Helps businesses reconcile their accounts to detect any discrepancies or fraudulent activity
What is Account Reconciliation?
This is the median dollar amount of loss due to fraud for small businesses according to the Association of Certified Fraud Examiners.
What is $150,000.00?
Implementing encryption and tokenization and monitoring transactions for suspicious activity are two key components to this fraud prevention strategy.
What is Secure Payment Processing?
This is the year Florida was established as a state.
What is 1845?
Identifies and prevents duplicate checks from being cashed.
What is Duplicate Check Detection?
Adds an extra layer of security to online banking and transactions.
What is Two-Factor Authentication?
This is the percentage of small businesses that go out of business within 6 months of a fraud incident.
What is 60%?
Implementing firewalls and intrusion detection systems and using strong passwords and multi-factor authentication are two strategies used in this method of fraud prevention.
What is Cybersecurity Measures?
This is the hottest recorded temperature in the United States, taken in Death Valley on July 10th 1913.
What is 134 degrees?
Protects online bill payments with encryption and password protection.
What is Secure Bill Pay Services?
Protects sensitive data and communications.
What is Encryption?
This is the percentage of small businesses that have no fraud prevention measures in place, according to Intuit.
What is 43%?
Conducting thorough background checks and implementing employee monitoring and evaluation processes are two methods to encourage this type of fraud prevention.
What is Employee Screening and Management?
This is the national bird of the USA.
What is a bald eagle?
Offers secure and convenient payroll processing options, including direct deposit and tax filing
What is Payroll Services?
Allows businesses to block specific checks or ACH transactions from being processed.
What is Check and ACH Block?
This is the percentage of small businesses that have experienced a data breach, according to Ponemon Institute.
What is 54%?
Participating in industry-wide fraud prevention initiatives and collaborating with other businesses to share best practices can be vital to this type of fraud prevention strategy.
What is Collaboration and Partnership?
This is the designated state fruit of Florida.
What is an orange?