Northway Bank employs the latest technology and protocols to safeguard your company data, authenticate your transactions, and detect suspicious activity on your business accounts.
Multiple layers of security deter online fraud, while our Positive Pay service is the strongest protection available against check fraud.
Positive Pay Services
Deter and detect check fraud with Northway Bank’s positive pay service. After each check run, you submit a file to Northway Bank containing data about the checks you’ve issued. As checks are presented for payment, we match them against your check file, paying only those you’ve authorized. If a check doesn’t appear in your file, we reject it and notify you so you can make a payment decision.
We also offer ACH Positive Pay Services and ACH Debit Filters which help to manage fraud on electronic ACH transactions posting to your account.
Download our Payroll Fraud Prevention Guide (PDF 128KB) to help protect your business and employees against Payroll Fraud.