Fraud Protection

Safeguard your money.

Enhancements in banking technology have led to more productive and efficient cash management. Included in these enhancements are a variety of solutions to safeguard your Old National account from bank fraud.

ACH Block

With today’s technology, fraud isn’t limited to checks – even electronic transactions can put your account at risk. To protect your account from fraud or unauthorized electronic transactions, Old National recommends our ACH Block service.

ACH Block is a customizable service that allows you to determine who should have access to withdraw or deposit funds your account using ACH transactions. Any transactions not meeting your pre-set criteria will be returned before posting to your account.

Benefits

• Reduce time spent reconciling unfamiliar transactions
• Control who may send electronic transactions to your account
• Enhanced protection from unauthorized or fraudulent transactions

Positive Pay

Guarding your account against check fraud is a top priority of your company and Old National. The best protection against counterfeit and altered checks is our Positive Pay service.

Positive Pay lets you import a file to Old National via BankConnect™ Plus, notifying us of a check issuance. Each day, we’ll match the check issue file to the checks clearing your account and provide an online report that lets you view the checks that cleared. Online image viewing allows you to determine if an amount has been altered, a signature forged, or a payee changed.

Benefits

• Reduces exposure to check fraud
• Increases control of disbursements

Security with BankConnect™ Plus

In order to ensure the highest level of security for your bank account information, Old National will provide all of your employees using BankConnect™ Plus with security tokens. A security token is a small, wireless device that generates a special passcode every 32 seconds.

Benefits

• ACH Debit Block prevents unauthorized electronic withdrawals from your account.
• Positive Pay reduces risk from forgery, check alteration, check theft and counterfeiting.
• ONB Secure blocks unauthorized access to BankConnect™ Plus