Secure Your Business with Positive Pay Check Fraud Prevention
Despite the rise of digital payments, 80% of B2B payments are still made by check—but that doesn’t mean they’re safe from fraud. According to the Association for Financial Professionals (AFP), check fraud remains one of the most common forms of financial crime affecting businesses of all sizes and industries. Fortunately, there’s a powerful solution to help protect your payments: Positive Pay.
What Is Positive Pay?
Positive Pay is a fraud prevention tool offered by banks that matches checks presented for payment with a list of approved checks provided by the business. If a check’s details (such as amount or check number) don’t match the approved list, the bank flags it for review before processing.
This automated system is one of the most effective defenses against altered, forged, or counterfeit checks—and it’s a must-have for companies that want to secure their accounts payable process.
Why Every Business Should Use Positive Pay to Prevent Check Fraud
Whether you’re a small business or a large enterprise, check fraud poses a real threat. Positive Pay helps businesses:
- Reduce Fraud Risk: Automatically flags suspicious checks before they’re cashed.
- Strengthen Financial Controls: Gives your AP team oversight and control over outbound payments.
- Boost Operational Efficiency: Eliminates manual review and catches errors early.
- Increase Bank Partnership Trust: Shows your bank you’re proactive about fraud protection.
- Comply with Internal Policies: Helps you meet audit and risk management standards.
Checkrun’s Positive Pay File Export Feature
At Checkrun, we take Positive Pay check fraud prevention to the next level. Our platform allows users to export Positive Pay files in hundreds of formats compatible with banks nationwide, streamlining the process of sending approved check data to your bank.
Learn more about Checkrun’s Positive Pay file export service here.
With Checkrun, your check payments are not only automated and efficient—they’re also secure. You can create, approve, and print checks with confidence, knowing that every payment is protected by industry-standard fraud prevention tools.
Conclusion: Stop Check Fraud Before It Starts
Fraudsters are getting smarter, but so are the tools designed to stop them. Positive Pay is a simple yet powerful way to ensure every check your business issues is legitimate and secure. With Checkrun’s built-in Positive Pay file export, adding that extra layer of security has never been easier. Book a Checkrun demo today!
