SecuredACCOUNTS
As part of the JMFA FraudMANAGER® package, there are three programs that arm a financial institution with tools to confirm the authorization of checks presented. These tools can be used to help the financial institution secure most any account at the financial institution, without extra cost or hassle to the customer.

PaperPIN©

Finally, a solution that will work for EVERY customer that wants to help with security. We have developed a unique method where the customer can EASILY assign a PIN to every check they write over a mutually established floor limit. The system will flag all of these items for review and calculate and display the PIN that should appear on the item.

RestrictivePAY©

Only JMFA FraudMANAGER® offers this security tool that allows either the financial institution or its customers to enter valid ranges of check numbers that are being written/issued on the account. By entering the range, any item outside the expected range will automatically be flagged for additional review and approval. We allow tracking an unlimited number of ranges, so regardless of how many people are on the account or types of check used, we can track and account for them as they are presented.

PositivePAY

Regulators and security experts highly recommend having a positive approval on every check issued by a merchant that can be verified prior to payment. Unfortunately, it requires daily merchant reporting and several technical challenges. Due to those factors, it just does not work for the vast majority of customers.

However, JMFA FraudMANAGER® has taken some of the technical challenges out of the process by allowing the merchant a way to upload spreadsheet files or manually key entries using the Internet and a standard browser to the institution. Our system will report any item that is not on the issue list and a possible exception. Customers can approve them using the same Internet site where they can also view the exceptions.

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