Fraud Prevention
Fraud doesn’t discriminate—it can target any business, from small startups to large enterprises. TAB Bank offers a suite of fraud protection tools to help address every stage of the risk lifecycle, from detection to resolution.
Stopping Check Fraud Before It Happens
Checks are a common target for fraudsters, but banking with TAB keeps your business one step ahead. The Business Banking system automatically verifies checks before they clear, ensuring only authorized payments are processed.
- How It Works: You upload your issued check information, including payee names and amounts. Our system matches checks presented for payment against this list, flagging discrepancies for review.
- Benefits:
- Prevent unauthorized or altered checks from being cashed.
- Reduce the time and resources spent managing disputes.
- Gain greater control over your payments.
Secure ACH Processing: Protect Digital Transactions
Electronic payments like ACH transfers are fast and convenient but can also be vulnerable to fraud. TAB Bank’s Secure ACH Processing system helps protect these transactions with advanced encryption and monitoring to help your funds reach their intended destination.
- Key Features:
- Positive Pay helps protect sensitive payment data.
- Transaction monitoring identifies irregular patterns.
- Multi-factor authentication prevents unauthorized access.
Dual Control Systems: Adding an Extra Layer of Security
For high-value or high-risk transactions, trust isn’t enough—you need verification. TAB Bank’s dual control systems require multiple approvals for sensitive transactions, ensuring no single individual can authorize critical changes or payments.
- Applications:
- Vendor payments.
- Wire transfers and ACH transactions.
- Benefits:
- Reduces the risk of internal fraud or errors.
- Strengthens oversight for critical financial processes.
Custom Alerts: Staying Ahead of Suspicious Activity
Time is of the essence when it comes to fraud prevention. TAB Bank’s custom alert system keeps you informed about suspicious activity in real-time, so you can take immediate action.
- Types of Alerts:
- Unauthorized login attempts.
- Unusual transaction amounts or patterns.
- Large cash withdrawals or wire transfers.
- Why It Matters:
- Quick notifications minimize potential losses.
- Provides transparency and peace of mind.
Proactive Protection for Every Business
At TAB Bank, we understand that fraud threats are constantly evolving. That’s why our fraud protection tools are designed to adapt to the changing landscape, keeping your business safe no matter what the future holds.
Expert Support
Our fraud prevention experts work alongside your team to help equip you to better manager risks. From setup and training to ongoing support, we’re here every step of the way.
Custom Solutions for Your Needs
Every business faces unique challenges, which is why our fraud protection tools can be customized to help match your specific requirements. Whether you need robust protection for ACH transactions, enhanced security for wire transfers, or comprehensive check verification, TAB Bank is here for you.
Your Security Is Our Priority
Fraud prevention is more than just a service—it’s a commitment to your success. At TAB Bank, we work tirelessly to ensure your business has the tools, technology, and support needed to help stay one step ahead of potential threats.
- Why Businesses Trust TAB Bank:
- Decades of experience supporting secure transactions.
- A proactive approach to identifying and mitigating risks.
- Personalized solutions tailored to your industry and operations.
Protect Your Business Today
Book a Free Demonstration
Fraud doesn’t wait, and neither should you. Take the first step toward safeguarding your finances by scheduling an exploration call with one of our fraud prevention experts.
Book a Demo today to see how TAB Bank can help protect your business and provide the peace of mind you deserve.