Do you know the likelihood that your business will be impacted by check fraud? Do you know the measures that can safeguard your organization from becoming a victim of check fraud? Positive pay is your No. 1 defense against check fraud. Learn why and how you should implement positive pay. Start today protecting every check you issue from payments fraud.

1. Does Your Business Have
Any Concerns
About Check Fraud
?

2. Check Fraud Risk Should Concern Every Business

3. Checks remain
the payment type
most vulnerable
to fraud.
Among
organizations
suffering a financial
loss due to payments
fraud, the typical
loss was
$23,100.
$
82% of
organizations
affected by
payments fraud
report that checks
were targeted.
Source: AFP Payments Fraud and Control Survey, March 2014

4. Checks were the
payment instrument
with the highest average
value of unauthorized
transactions in 2012.
(consumer and business)
Source: Aite Group,
“Remittance Details:
When and How They Arrive for
U.S.-Based Companies”,
July 2012
Survey results
showed that 70%
of B2B payments
are still made
via check.
The average
unauthorized check
transaction was valued at
$1221, as compared to ACH at
$730, ATM withdrawals at
$217, general purpose credit
cards at $138, and general
purpose debit cards at $105.
Source: Federal Reserve Payment
Survey, December 2013

5. 52% of organizations
have experienced check
fraud in the past year. This
was the payment method
experiencing the second
highest level of fraud,
behind credit /
cards (66%).
Source: iSMG, 2013 Faces of Fraud: The Threat of Evolution, September 2013
Respondents included
200 Chief Information
Security Officers, Chief
Information Officers,
Directors of IT & other
senior leaders of
financial services
organizations.

6. 51% of organizations report
using "positive pay“… (is)
a precaution to prevent
payments fraud.
Look to the Bright Side:
You Don’t Need to Be A Victim
Source: iSMG, 2013 Faces of Fraud: The Threat of Evolution, September 2013

7. Positive Pay Protects
Every Check You Issue
From Fraud
With positive pay, checks
presented for payment are reviewed
against your check issue file to make
a hit-no hit decision.
Exceptions are flagged for
your review prior to payment.

8. Not Very Wise,
But True:
Due to the potentially high
implementation costs,
small and mid-size
businesses (approx. 90%
of corporate America)
often forego using
positive pay.
SecurePay provides a way for
any size business to
quickly and economically
implement positive pay.
Navigate Your Way to Check Fraud Prevention

9. Contact us for more information
760.929.4808 s sales @aptechnology.com
SecurePay Software
will generate your positive pay
files and even automatically
transmits them to the bank every
time you issue checks..
Compatible with any accounting application and any bank format …