Mitigate Payments Fraud
In a perfect world, every financial transaction would be conducted without the need to worry about security; however, payments fraud is a fact of life with criminal elements constantly seeking ways to exploit weaknesses in your financial operations.
Whether you make payments using paper checks, electronic methods or both, minimization of payments fraud risk should include: 1) implementation of tight internal controls and 2) use of banks' payments fraud solutions.
To implement this approach it is critical to educate yourself about how your business or organization could be at risk.
To learn more about Chase's payments fraud solutions and how they can help you, please e-mail us or contact your local commercial banker.