Association for Financial Professionals: 2019 AFP Payments Fraud and Control Survey
Fraud Mitigation Solutions
For Small Business
Help Stop Fraud in Its Tracks
It’s no secret: The number and complexity of fraud schemes perpetrated against business checking accounts is continuing to grow. Seventy-eight percent of finance professionals report that their organizations were targets of payments fraud. Seventy percent of organizations subject to payments fraud were victims of check fraud.[1]
Do you have measures in place to help combat this type of attack?
Protect your business from the growing threat of fraud
As fraud becomes more sophisticated, recognizing the criminals' tactics and understanding how you can protect your business are more vital than ever.
Online Fraud Mitigation Tools
This comprehensive fraud mitigation approach combines four advanced technologies and security tools designed to help you identify and thwart attempts to compromise your financial accounts. By providing enhanced insight into the transactional details of your financial accounts, fraudulent checks and electronic transactions become easier for you to identify if presented for payment.
Here's How the Tools Work Together
These four tools, working together, can help you protect your account from unauthorized activity, whether initiated electronically via ACH, or manually via paper check.
- PINACLE® Express — Provides you with access to treasury management solutions that enable you to monitor and manage your banking activity from anywhere you have Internet access
Learn More about Pinacle - Positive Pay Solutions — Display your check presentment information online to help identify and respond to suspicious activity
Learn More about Positive Pay - ACH Debit Authorization Solutions — Stop all ACH debits from posting to your account or establish “rules” for filtering and decisioning which ACH items post, or are returned to the originator as unauthorized
Learn More about ACH Debit Authorization Solutions - Universal Payment Identification Code (UPIC) — Masks your checking account number so you can accept ACH credits without having to provide your PNC account number to the payment sender
Learn More about UPIC
Fraud Mitigation Solutions from PNC
Harness the strength of four treasury management solutions — PINACLE Express, Positive Pay, ACH Debit Authorization and UPIC — to help you identify and thwart attempts to compromise your financial accounts.
Insights
Insights and ideas to help you get the most out of your day and keep your business moving forward.
Manage Business Finances
What Every Small Business Needs to Know About Fraud
As fraud becomes more sophisticated, recognizing the criminals’ tactics and understanding how you can protect your business are more vital than ever.
4:47 min video
Running Your Business
Protect Yourself From Payment Fraud
Peer-to-Peer payment applications offer speed and convenience. Caution and vigilance can be the key to identifying and avoiding scams.
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Industry Insights
How to Help Prevent Cyber Attacks on Your Healthcare Business
Cybercriminals often target the healthcare sector, exposing patient records and racking up over $10 million in remediation costs per incident. Learn how to mitigate the threat.
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Customers
Scams continue to become more elaborate in 2023. Consumers can avoid them.
PNC’s Head of Enterprise Fraud offers his thoughts on current schemes, scammers’ “market segmentation” approach and easy ways to combat the evolving scamming landscape.
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Protect
Natural Disasters Bring Increased Fraud – How to Beware of Scammers
During a natural disaster, safety is your primary concern. However, major tornadoes and other events can threaten the safety of your finances and potentially make you a victim of fraud.
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