Payee Positive Pay

 

ImageMark Payee Positive Pay is a document imaging scanning tool to combat the last fraud loophole in traditional Positive Pay service - the changing of the payee name on a check either by altering the issued check or producing a counterfeit check. As check fraud tactics become more pervasive, Payee Positive Pay is a must-have Treasury Management tool for fraud detection and prevention.

NCR's ImageMark Payee Positive Pay application provides:

  • "Zero Impact" for your customer - no need to alter or coordinate check stock changes with the bank
  • Accurate, easy and rapid integration
  • Superior throughput
  • Advanced recognition
  • De facto "check stock validation"

While any "recognition" process involves trade-offs between missed items and increase review time for false positives, NCR's ImageMark Payee Positive Pay's unique global and account-level "dollar threshold" tuning lets you simultaneously minimize false alarms and total dollars in missed fraud.