 Fraud Tools>Disbursements
Disbursements is an area where many businesses are vulnerable to fraud. Sterling knows it’s critical to have a measure of added fraud protection to ensure funds don’t end up in the wrong hands.
Sterling’s Positive Pay service compares checks presented for payment against a list of checks you authorized. Any checks that do not match the file will kick out as an exception and the customer will be notified right away. You also receive an electronic image of the front and back of the check that can be saved or printed.
This very affordable fraud detection product provides your business with a previous day’s history report. You can then notify Sterling of any item you would like returned by calling the 1-800 number provided by noon the next day.
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