02 September 2015

Los Alamos National Bank fights fraud with ACH Alert

11 February 2014  |  926 views  |  0 Source: ACH Alert

ACH Alert, a comprehensive provider of ACH and wire risk management services, has partnered with New Mexico's Los Alamos National Bank to introduce industry-leading fraud protection services for LANB's customers with PRO-TECH.

"ACH Alert has a proven track record for delivering outstanding state-of-the-art technology solutions that can provide another layer of fraudulent transaction safeguards to our customers," said Steve Wells, president of Los Alamos National Bank. "In addition to helping us improve service to our customers, PRO-TECH captures revenue opportunities that we'd otherwise miss out on."

ACH Alert's industry-leading technology allows account holders to make the decision to pay or decline incoming electronic debits, preventing fraud and theft. Customers receive an alert when an electronic debit hits their account, enabling them to detect fraudulent entries immediately and return them instantly. All of this is done without a financial institution's intervention, a time-saving benefit for businesses both large and small.

"Fraudsters are continually finding ways to circumvent traditional security methods, leaving financial institutions and their account holders at risk," said Debbie Peace, CEO of ACH Alert. "PRO-TECH is part of a layered approach to fraud prevention that shifts control of the pay/no-pay decision to the customer, an option most account holders crave."

Peace says advances in mobile and online technologies have enabled real-time delivery of notifications through multiple channels, including text messaging, email and phone call. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)
Your browser is unable to support Flash files.

Who is commenting?

Top topics

Most viewed Most shared
SunGard system glitch causes havoc for BNY...
7150 views comments | 14 tweets | 12 linkedin
Third of Brits expect day-to-day mobile pa...
7110 views comments | 36 tweets | 14 linkedin
Kenya's NIC Bank links to Twitter and What...
6267 views comments | 27 tweets | 17 linkedin
Payments UK sets out vision for 'world cla...
6167 views comments | 17 tweets | 10 linkedin
HSBC glitch leaves thousands of customers...
5787 views comments | 13 tweets | 7 linkedin

Featured job

Excellent Salary and Company benefits package
London

Find your next job