Positive Pay is a verification service that helps businesses identify and report fraudulent and unauthorized payments. National Bank of Arizona^® has Positive Pay services for both checks and ACH.

Check Positive Pay

• Help prevent check counterfeits and alterations
• Check serial numbers, amounts and payees are matched against a company-prepared issue file
• Receive email alerts when suspect transactions are presented and make pay or return decisions with our easy to use online tool

ACH Positive Pay

• Help prevent unauthorized electronic transactions
• Receive email alerts when a suspect transaction is presented and make pay or return decisions with our easy-to-use online tool
• Establish and manage a list of acceptable payments by originator and amount

Experience shows that it is not a matter of “if” your business will be impacted by fraud; it is a matter of when. External and internal threats exist, but most fraud is occupational, or employee fraud. This is a crime of opportunity often caused by a lack of internal controls. National Bank of Arizona wants to help you stay in business and we have the products and expertise you need today to help prevent fraud. 

Outlined here are the top business fraud prevention tips to help you protect your business assets: 

1. Proactively assess potential fraud risks, assigning ownership for oversight and accountability
2. Establish an appropriate tone promoting ethical behavior and deterring wrongdoing
   
3. Create a culture of honesty, openness, and assistance
   
4. Conduct background checks on potential new hires and conduct fraud awareness training
   
5. Implement dual controls and/or separate key functions and duties
   
6. Require rotation of job duties and mandatory vacations
   
7. Utilize internal audits and “surprise” audits
   
8. Monitor employees and implement a fraud hotline or other reporting mechanisms
   
9. Create a “perception of detection” and an expectation of punishment for fraudulent behavior