Fraud Mitigation Services
Contact a Treasury Management Officer:
Protect Your Business from Numerous Forms of Fraud
What is financial risk? It's a risk of losing money when conducting business. Some financial transactions can carry a level of uncertainty and risk in finance for your company’s key stakeholders. Mitigating that financial risk is crucial to your success. Fifth Third Bank has developed comprehensive fraud mitigation services that can help protect the processes that are vital to your operation, so you can focus on growing your business.
Fifth Third Bank Fraud Mitigation Services and tools are backed by our ongoing commitment to advances in technology. We utilize encryption technology to help secure your financial data. We continue to improve and transform our platform to respond to today’s challenges—and ensure that you have the tools you need to mitigate risks.
Explore Our Fraud Mitigation Services
Positive Pay Services |
Fifth Third Positive Pay Services can help protect you against paper check and Automated Clearing House (ACH) fraud. For checks, our technologically advanced methods will compare check-paid items against issue information to identify discrepancies and ensure that only the checks you issue are paid. Our ACH Positive Pay authorization services provide you with the ability to determine who has access to your account and to what dollar limit they may post transactions against your funds. You can also choose the positive pay option that suits your needs:
|
---|---|
Account Reconciliation (Cash Concentration)
|
With Fifth Third reconciling your accounts, you can depend on getting fast, accurate information—all with a minimum risk of fraud. In conjunction with Fifth Third Bank’s Cash Concentration services, you’ll have:
|
With Fifth Third Direct® you can manage all of your accounts, organize cash, payables, and receivables, and produce reports—all from a single location. You’ll have access to up-to-the-minute information that will allow you to:
|
|
We’re constantly on guard, protecting your financial data |
Fifth Third Bank’s ongoing commitment to advances in technology means you can count on the latest security and encryption technologies to protect your financial data. We continue to improve and transform our platform to respond to today’s challenges—and ensure that you have the tools you need mitigate risks. |