PROTECT YOUR BUSINESS AGAINST ELECTRONIC FRAUD
With ACH Fraud Prevention Services
ELECTRONIC FRAUD BY THE NUMBERS
62 PERCENT
of companies were
targets of payments
fraud in 2014
(2015 AFP Payments and Fraud Control Survey)
COMPANIES <100 EMPLOYEES
3X
25%
of organizations were subject
to ACH debit fraud and 10%
to ACH Credit Fraud
(2015 AFP Payments and Fraud Control Survey)
AVERAGE LOSS $120,000
(Association of Certified Fraud Examiners 2014 Global Fraud Study)
20 TIMES
Companies with more
more likely than similarly sized companies
than 100 payment
with fewer payments accounts to have
Protect
Your Business
Against Unauthorized
Electronic
Transactions
accounts
were
been exposed
to ACH fraud
more than
(2015 AFP Payments and Fraud Control Survey)
Frost’s ACH Fraud Prevention Services protect your financial assets from fraudulent
activities by adding
protection between your accounts and unauthorized ACH debits, credits or both. With four blocking options
available, we will help you determine which one best fits your organizations’ needs.
THE FROST SOLUTION
Frost’s ACH Fraud Prevention Services Deliver Valuable Benefits
■ Monitor and control all incoming ACH transactions, reducing ACH fraud risk.
■ Automatically block or filter all incoming ACH credits, debits or both, depending on your service option.
■ Streamline operations and improve internal productivity.
Protecting the security of your business bank accounts and your personal information is—and always will
be—a priority for Frost. We value your relationship and want to help you reduce your risk for fraud.
PROTECT YOUR BUSINESS AGAINST ELECTRONIC FRAUD
With ACH Fraud Prevention Services
FROST’S TAILORED SOLUTIONS
ACH BLOCKING
Block all ACH transactions
All blocked items are returned to the originator.
ACH DEBITS, CREDITS OR BOTH
ACH BLOCKING WITH REVIEW
Review all ACH debit transactions and make payment decision
On the next business day, all ACH
debits are presented in Cash Manager,
Frost’s business online banking portal,
for you to make a decision.
ALL ACH DEBITS ARE BLOCKED
THE DAY THEY ARE RECEIVED
NO
Items are returned
to the originator
YES
Items are posted
against the account
You can set the dollar limits to block and review all ACH debit transactions over a certain amount.
ACH FILTERING BY ORIGINATOR ID
Decide which vendors or customers are authorized to post ACH debits (or credits)
ORIGINATOR ID IS
AN ACH FILTER
lowed
Originator ID al
Originator ID not allow
ed
Items are posted
Items are returned to the originator
You can select filters for all transactions or add additional criteria like exact dollar amounts or
maximum dollar amounts.
ACH FILTERING BY SEC
Block ACH transactions by specific SEC codes
Member FDIC