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Protect Your Business from Check Fraud with CheckSync
Check fraud continues to be a growing threat to U.S. businesses- especially small and mid-sized companies. In fact, over 65% of check fraud victims are small businesses, with a median loss of $50,000 per incident. For many businesses, that level of loss can be devastating.
Fortunately, protecting your business doesn’t have to be complicated.
A Smarter Way to Prevent Check Fraud
Positive Pay is a powerful fraud prevention tool that helps safeguard your accounts by automatically matching issued checks against your records to detect suspicious activity. Now, with the addition of CheckSync, that protection becomes even more seamless.
CheckSync integrates directly with your QuickBooks Online or Xero account, eliminating the need for manual file uploads or time-consuming processes. Instead of downloading, converting, and submitting check files, everything happens automatically in the background.
Why It Matters
With CheckSync, you can:
- Reduce fraud risk with continuous monitoring
- Save time by eliminating manual uploads
- Avoid payment delays to critical vendors and suppliers
- Focus on running your business, not managing files
Take Control of Your Protection
Check fraud isn’t slowing down, but your risk doesn’t have to grow with it. With automated tools like CheckSync, you can strengthen your defenses while simplifying your workflow.
Protect your business. Streamline your operations. Fight check fraud with confidence.
To get started, click HERE to fill out the Business Services Request form or reach out to a Business Relationship Officer at 877-685-8239 to ask about ways you can best protect yourself.
Visit Chesapeake Bank – Cash Management to learn more about our Treasury services and how to make your money do the work for you with ACH services, wire transfers, Remote Deposit capture and more.
Source: New Report Reveals Growing Small Business Check Fraud Problem
