Fraud Prevention Tools

Cybercrime: Commonsense Precautions to Protect your Organization

Warnings about identity theft and tips to protect your personal bank accounts are everywhere, but little fuss is made about business owners protecting their accounts against fraudulent activity.

Payment fraud continues to be a major challenge for businesses and banks alike, regardless of size or industry. While the most common type of fraudulent occurrence is check fraud, ACH debits have also been used as a vehicle to perpetrate crime.

As a PNC corporate client, you enjoy convenient access to a number of effective and reliable tools that will help you limit losses from check and ACH fraud.


2013 AFP Payments Fraud and Control Survey

The Association for Financial Professionals (AFP) conducted a survey to spotlight the type and frequency of payments fraud experienced by organizations in 2012. The survey was a follow-up to similar AFP surveys conducted in each of the previous three years to measure the prevalence of payments fraud and the weapons that organizations deploy to defend against it.

This year's survey sought to reveal the gaps in payment systems defenses that resulted in financial liability for some organizations and the fraud control measures that other organizations use to prevent financial losses from payments fraud. Responses to the survey would identify best practices that protect organizations against fraud in check, ACH and card payments from both internal and external sources. The survey was also designed to focus attention on the security measures that organizations are adopting to protect online payments and cash management data.

2013 AFP Payments Fraud and Control Survey - Report of Survey Results

Tools to Help You Prevent Fraud:

Important Legal Disclosures and Information