Treasury Management

Fraud Prevention Tools

Our Corporate & Institutional Services team hosts informational seminars year to help businesses identify and prevent fraud, providing actionable tips and insights that you can use to protect your business. You can view a recording about vendor management best practices from a recent seminar expert guest speaker by clicking below.

View Recording

Unfortunately, we hear about the fraud that our clients and others experience. We’re sharing some stories about what’s happened and how it might have been prevented to help you plan.

Read the Stories

Review these tips and share them with your team to help prevent fraudulent activity on your account.

Check Out the Tips

ACH Positive Pay

  • ACH Positive Pay only allows authorized vendors to debit your accounts with ACH
  • Prevents fraud and unauthorized debits
  • Non-authorized vendors prompt an alert to be sent to you (email and text options) asking for permission for the transaction

Positive Pay

  • Enjoy protection from fraudulent or unauthorized checks
  • Receive notification (email or text options) for any non-authorized checks before they clear your account, allowing you to pay or return
  • Simply send Lake City Bank an electronic file (via Lake City Bank Digital) of all checks that will be disbursed and we’ll match incoming checks

ACH/Wire Recipient Dual Approval

  • Require dual approval when adding, changing or deleting ACH and wire recipient information in Lake City Bank Digital
  • Simply request this option and we’ll activate it at no additional cost

Fraud Prevention

Looking for steps you can take to protect you and your business from fraud? Check out the links below.

Drop in one of our branch locations or call our One Call Center at (844) 979-7164 for more information or to open an account.

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