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In the fast-moving markets of Dallas and Frisco, your focus is on staying ahead of the competition and serving your clients. But as North Dallas continues to grow, so do the risks of sophisticated business fraud. From "washed" checks to unauthorized electronic withdrawals, the threats to your operating capital are real and increasingly automated.

At First Lonestar Bank, your security should be just as refined as your business. That is why we provide Positive Pay, a premier digital gatekeeper that puts you in total control of every dollar that leaves your account with the attention to detail your business deserves.

What is Positive Pay?

Positive Pay is essentially a "digital handshake" between your accounting team and the bank. Instead of waiting for your monthly statement to catch errors or fraud, this tool provides a proactive, high-touch layer of security that monitors your accounts in real time.

The process is simple: You provide us with a list of the checks and ACH payments you've actually authorized. When a transaction is presented for payment, our system automatically compares it against your list. If the details don't match perfectly, whether it's the check number, the payee, or the dollar amount, we flag it immediately. You then decide: Pay it or return it.

A Two-Pronged Defense

To ensure your payroll and operating accounts receive comprehensive protection, we focus on two critical areas:

• Check Positive Pay: Every check presented for payment is verified against your issued-check file. This stops "check washing" and the production of counterfeit items in their tracks. If there is a discrepancy, we hold the item for your personal review to ensure no unauthorized funds ever leave your hands.
• ACH Positive Pay: ACH Positive Pay helps you control and review all incoming ACH debits before they post to your account. When an electronic debit is presented, the item is automatically held for your review. From there, you can decide whether to approve or return it.

As you review items, you can also create rules for future transactions from the same payee. These rules can include an approved dollar amount threshold, allowing matching items to post automatically without creating an exception. This gives you tighter control over unauthorized debits while reducing the number of items you need to manually review over time.

The First Lonestar Bank Advantage

While many banks offer basic fraud tools, we focus on a tailored experience designed for the discerning Texas business owner:

• Signature Relationship Banking: We don't believe in automated phone trees. If a suspicious item is flagged, you have a direct line to your local commercial banker in Frisco or Dallas who understands your business and can help you resolve the exception personally.
• Mobile Flexibility: Business happens everywhere, from the boardroom to the sidelines of a soccer game. Our real-time alerts go straight to your mobile device, providing you with the concierge-like ability to authorize or reject payments from anywhere.

Fraud Prevention That Scales with You

For growing companies with lean teams, Positive Pay offers 24/7 monitoring that manual reconciliation simply cannot match. It's an essential safeguard for your hard-earned revenue, delivered with the professional care you expect from a local partner.

Your bottom line is worth protecting. Let First Lonestar Bank provide the technology and the local support to keep your funds where they belong. Contact First Lonestar Bank to get started!

Call an FLB Associate at 489.369.3880 or visit our Frisco, Texas, branch today!