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MINIMIZE RISK AND PROTECT YOUR BUSINESS ACCOUNTS

Fraud Protection Services from Simmons Bank

FRAUD PROTECTION

Simmons Bank offers multiple layers of protection from the growing threat of fraud. Prevent fraudulent transactions before they affect your business with ACH Blocks and Filters, Positive Pay, and Multi-User Online Banking controls.

 

OUR SERVICES

ACH BLOCKS AND FILTERS

Simmons Bank's ACH Blocks and Filters services are a cost effective way to protect your company’s checking account(s) from unauthorized ACH transactions. ACH Blocks prohibit all ACH debits and/or credits from posting to your company’s account(s), while ACH Filters set various criteria to authorize certain ACH debit and/or credits to post to your company's account(s) while excluding others.

POSITIVE PAY

Positive Pay is a sophisticated account reconciliation service that enables you to minimize potential fraud losses associated with checks issued by your company. With Positive Pay, you can review suspect items prior to making payment and return any checks that appear to be fraudulent.

MULTI-USER ONLINE BANKING

To protect against internal fraud, a business may set up dual control processes for transferring of funds online. If chosen, all users with online access are required to have a token to access the business account.