Payments fraud protection
Reduce financial risk and protect your organization.
The safety of your payments and operational processes is our first priority. That’s why we invest in banking, card services and treasury management tools to fight fraud, rolling out new functionality for our clients while being committed to making digital payments safe and secure for complete peace of mind. Learn about fraud protection for payments processing your organization can implement to stay safe in the ever-evolving landscape of financial fraud.
U.S. Bank fraud prevention solutions
Secure electronic payments
Benefit from recently launched innovative payment rails like Real Time Payments (RTP®) and Zelle® with the same peace of mind that the traditional payment methods offer.
U.S. Bank solutions can help:
- Set transaction limits for initiators and approvers
- Require dual authorization
- Review exceptions online for incoming ACH (debits)
- Track ACH Positive Pay authorization status
- Replace direct debits using newer features like "Request for Payment"
- Channel and file level encryptions available for batch transmissions
Protect cardholder data
Easy to implement tools can help keep your transactions secure and your business running smoothly, all while complying with the complexities of the Payment Card Industry Data Security Standard (PCI DSS).
U.S. Bank Payment Solutions powered by Elavon has solutions to help you keep cardholder data secure:
- Implement EMV-enabled, encryption and tokenization card acceptance solutions
- Streamline the PCI certification process with our web-based, PCI certification tool
- Get assistance with the PCI Self-Assessment Questionnaire (SAQ) and vulnerability scanning
- Access Elavon PCI professionals available for questions online, by phone and by email
Make safer check payments
Establish and follow best practices for check approvals, paper check stock controls and check processing.
U.S. Bank solutions can help:
- Review exceptions, and payee exceptions, daily and make payment decisions
- View check images online to eliminate the risk of storing cancelled paper checks
- Place blocks on accounts to prevent unauthorized debits
- Reconcile accounts daily or monthly
- Outsource check processing to eliminate the risk of storing check supplies
SinglePoint®
Get secure online access to all your treasury management data and tools when you use our proprietary online business banking portal, SinglePoint.
U.S. Bank solutions can help:
- Review your accounts online, at any time with SinglePoint Information Reporting
- Install IBM® Trusteer Rapport™ to detect and eliminate malware
- Receive payment service alerts by email, text or fax with SinglePoint Alerts & Notifications
Fraud protection tips
Payments fraud prevention best practices
Take these steps to help build your payments fraud prevention program on a foundation of best practices.
Fighting business email compromise
Learn how fraud and business email compromise (BEC) continue to target large commercial and corporate businesses.
Five steps to take after a major data breach
Be equipped to deal with a major data breach if it happens to your organization.
Protect your fleet from skimming and fraud
Skimming is conducted by sophisticated organized-crime groups. Understand what you can do to ensure your organization is secure.
