Vendor Banking Information

Maintaining accurate banking details for your vendors is crucial in preventing fraud. If a vendor updates their payment information, including electronic payment details, always verify the change with a direct phone call before processing any payments. This simple step can help prevent unauthorized transactions and ensure your funds are sent to the correct recipient.

Email Security Best Practices

Cybercriminals often disguise malicious emails as messages from trusted contacts. To minimize risk:

• – Always verify the sender’s email address.
• – Hover over links before clicking to preview their actual destination.
• – Avoid opening attachments from unknown or unexpected sources.

Secure Payment Methods

Whenever possible, opt for electronic payments over physical checks to minimize fraud risks. Mailed checks can be intercepted and altered by fraudsters. If your business must send checks, take these precautions:

• – Never leave outgoing checks unattended.
• – Store check stock in a secure location.
• – Regularly monitor your account for any suspicious check activity.

Enhance Security with Positive Pay

bank313 offers Positive Pay, an advanced fraud prevention tool that helps monitor checks and electronic transactions for unauthorized activity. By enabling Positive Pay, you can:

• – Detect fraudulent checks before they clear.
• – Reduce financial losses from unauthorized transactions.
• – Maintain greater control over your business’s cash flow.

Contact your bank313 representative today to learn how Positive Pay can strengthen your security.

Strengthen Password Protection

Using strong, unique passwords is an essential step in preventing unauthorized access to your accounts. For enhanced security:

• – Create complex passwords with a mix of letters, numbers, and special characters.
• – Avoid using the same password across multiple accounts.
• – Update your passwords every few months.

Fraud Alerts & Account Monitoring

Enabling alerts within your bank313 online banking account is an effective way to stay informed of suspicious activity. Customize alerts to receive notifications for:

• – Unauthorized login attempts.
• – Large or unusual transactions.
• – Changes to account details.