Latest news with #PositivePay
Finextra
4 days ago
- Business
- Finextra
Tyfone and AFS join forces to combat fraud
Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions (AFS), a trusted leader in fraud prevention solutions, to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts. 0 Despite rising check fraud, 65% of banks say fewer than half of treasury clients use Positive Pay solutions. The integration of AFS's Positive Pay solution with Tyfone's nFinia® Digital Banking Solution provides commercial clients enhanced security, customizable transaction rules and AI-driven analysis. 'Protecting business clients is a key priority for financial institutions. However, Positive Pay adoption remains low, despite rising check fraud,' said Jordan Bothwell, Chief Partnership Officer at AFS. 'Together with Tyfone, we are providing banks and credit unions with a more secure, advanced digital banking solution, that prevents fraud, while still maintaining a frictionless experience.' nFinia is an innovative, configurable platform designed to meet the evolving needs of both retail and commercial banking customers. AFS's Positive Pay helps institutions secure cash flow while preventing fraud. The integrated solution empowers financial institutions to deliver a personalized, feature-rich commercial banking experience, while enhancing security. 'Protecting clients from financial threats means protecting your reputation, your customers and your future,' said Jared Kopelman, Director of Strategic Partnerships at Tyfone. 'Financial institutions can't afford to be reactive to fraud - they need to take a proactive and strategic approach when combatting bad actors. By partnering with AFS, we're equipping our clients with powerful fraud prevention tools that ensure commercial clients can trust their institutions to safeguard their finances.'
Yahoo
5 days ago
- Business
- Yahoo
Tyfone, AFS Partner to Deliver Fraud Detection Software
~ Integrated Positive Pay solution combats check and ACH fraud for commercial clients~ PORTLAND, Ore., June 04, 2025--(BUSINESS WIRE)--Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions (AFS), a trusted leader in fraud prevention solutions, to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts. Despite rising check fraud, 65% of banks say fewer than half of treasury clients use Positive Pay solutions. The integration of AFS's Positive Pay solution with Tyfone's nFinia® Digital Banking Solution provides commercial clients enhanced security, customizable transaction rules and AI-driven analysis. "Protecting business clients is a key priority for financial institutions. However, Positive Pay adoption remains low, despite rising check fraud," said Jordan Bothwell, Chief Partnership Officer at AFS. "Together with Tyfone, we are providing banks and credit unions with a more secure, advanced digital banking solution, that prevents fraud, while still maintaining a frictionless experience." nFinia is an innovative, configurable platform designed to meet the evolving needs of both retail and commercial banking customers. AFS's Positive Pay helps institutions secure cash flow while preventing fraud. The integrated solution empowers financial institutions to deliver a personalized, feature-rich commercial banking experience, while enhancing security. "Protecting clients from financial threats means protecting your reputation, your customers and your future," said Jared Kopelman, Director of Strategic Partnerships at Tyfone. "Financial institutions can't afford to be reactive to fraud – they need to take a proactive and strategic approach when combatting bad actors. By partnering with AFS, we're equipping our clients with powerful fraud prevention tools that ensure commercial clients can trust their institutions to safeguard their finances." About Advanced Fraud Solutions Since 2007, Advanced Fraud Solutions has been the trusted leader in fraud prevention software, offering innovative tools to protect financial institutions and their clients from fraud. With a focus on detecting and preventing check, ACH, and wire fraud, AFS is relied on by over 1,000 institutions nationwide. For more information, visit About Tyfone Inc. Based in Portland, Ore., Tyfone is a leading provider of consumer and commercial digital banking services for community financial institutions throughout the U.S. We understand that an elegant, engaging, intuitive user experience is the minimum requirement for any digital banking provider. What differentiates Tyfone is our unwavering commitment to continuous innovation, exceptional collaboration, and superior execution. We consider each customer a true partner and place the highest value on every relationship. To learn more about Tyfone, visit and connect on LinkedIn. View source version on Contacts MEDIA CONTACTS: Laura Lenz // Anna Stanleylaura@ // anna@ 678.781.7226 // 251.517.7857
Yahoo
5 days ago
- Business
- Yahoo
Tyfone, AFS Partner to Deliver Fraud Detection Software
~ Integrated Positive Pay solution combats check and ACH fraud for commercial clients~ PORTLAND, Ore., June 04, 2025--(BUSINESS WIRE)--Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions (AFS), a trusted leader in fraud prevention solutions, to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts. Despite rising check fraud, 65% of banks say fewer than half of treasury clients use Positive Pay solutions. The integration of AFS's Positive Pay solution with Tyfone's nFinia® Digital Banking Solution provides commercial clients enhanced security, customizable transaction rules and AI-driven analysis. "Protecting business clients is a key priority for financial institutions. However, Positive Pay adoption remains low, despite rising check fraud," said Jordan Bothwell, Chief Partnership Officer at AFS. "Together with Tyfone, we are providing banks and credit unions with a more secure, advanced digital banking solution, that prevents fraud, while still maintaining a frictionless experience." nFinia is an innovative, configurable platform designed to meet the evolving needs of both retail and commercial banking customers. AFS's Positive Pay helps institutions secure cash flow while preventing fraud. The integrated solution empowers financial institutions to deliver a personalized, feature-rich commercial banking experience, while enhancing security. "Protecting clients from financial threats means protecting your reputation, your customers and your future," said Jared Kopelman, Director of Strategic Partnerships at Tyfone. "Financial institutions can't afford to be reactive to fraud – they need to take a proactive and strategic approach when combatting bad actors. By partnering with AFS, we're equipping our clients with powerful fraud prevention tools that ensure commercial clients can trust their institutions to safeguard their finances." About Advanced Fraud Solutions Since 2007, Advanced Fraud Solutions has been the trusted leader in fraud prevention software, offering innovative tools to protect financial institutions and their clients from fraud. With a focus on detecting and preventing check, ACH, and wire fraud, AFS is relied on by over 1,000 institutions nationwide. For more information, visit About Tyfone Inc. Based in Portland, Ore., Tyfone is a leading provider of consumer and commercial digital banking services for community financial institutions throughout the U.S. We understand that an elegant, engaging, intuitive user experience is the minimum requirement for any digital banking provider. What differentiates Tyfone is our unwavering commitment to continuous innovation, exceptional collaboration, and superior execution. We consider each customer a true partner and place the highest value on every relationship. To learn more about Tyfone, visit and connect on LinkedIn. View source version on Contacts MEDIA CONTACTS: Laura Lenz // Anna Stanleylaura@ // anna@ 678.781.7226 // 251.517.7857 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 days ago
- Business
- Business Wire
Tyfone, AFS Partner to Deliver Fraud Detection Software
PORTLAND, Ore.--(BUSINESS WIRE)--Digital banking solutions provider Tyfone today announced it has partnered with Advanced Fraud Solutions (AFS), a trusted leader in fraud prevention solutions, to offer a user-friendly, proactive check and ACH fraud prevention solution for commercial accounts. 'Together with Tyfone, we are providing banks and credit unions with a more secure, advanced digital banking solution, that prevents fraud, while still maintaining a frictionless experience.' Despite rising check fraud, 65% of banks say fewer than half of treasury clients use Positive Pay solutions. The integration of AFS's Positive Pay solution with Tyfone's nFinia® Digital Banking Solution provides commercial clients enhanced security, customizable transaction rules and AI-driven analysis. 'Protecting business clients is a key priority for financial institutions. However, Positive Pay adoption remains low, despite rising check fraud,' said Jordan Bothwell, Chief Partnership Officer at AFS. 'Together with Tyfone, we are providing banks and credit unions with a more secure, advanced digital banking solution, that prevents fraud, while still maintaining a frictionless experience.' nFinia is an innovative, configurable platform designed to meet the evolving needs of both retail and commercial banking customers. AFS's Positive Pay helps institutions secure cash flow while preventing fraud. The integrated solution empowers financial institutions to deliver a personalized, feature-rich commercial banking experience, while enhancing security. 'Protecting clients from financial threats means protecting your reputation, your customers and your future,' said Jared Kopelman, Director of Strategic Partnerships at Tyfone. 'Financial institutions can't afford to be reactive to fraud – they need to take a proactive and strategic approach when combatting bad actors. By partnering with AFS, we're equipping our clients with powerful fraud prevention tools that ensure commercial clients can trust their institutions to safeguard their finances.' About Advanced Fraud Solutions Since 2007, Advanced Fraud Solutions has been the trusted leader in fraud prevention software, offering innovative tools to protect financial institutions and their clients from fraud. With a focus on detecting and preventing check, ACH, and wire fraud, AFS is relied on by over 1,000 institutions nationwide. For more information, visit About Tyfone Inc. Based in Portland, Ore., Tyfone is a leading provider of consumer and commercial digital banking services for community financial institutions throughout the U.S. We understand that an elegant, engaging, intuitive user experience is the minimum requirement for any digital banking provider. What differentiates Tyfone is our unwavering commitment to continuous innovation, exceptional collaboration, and superior execution. We consider each customer a true partner and place the highest value on every relationship. To learn more about Tyfone, visit and connect on LinkedIn.
Business Journals
01-06-2025
- Business
- Business Journals
Automate to elevate: Banking tools that save time and money
Time, not capital, is the scarcest resource for most firms. Every hour a controller spends keypunching payables or driving deposits to the branch is an hour taken away from sales, service and strategy. Fortunately, banking technology has caught up with the pace of modern operations. United Community embeds a full treasury management toolkit inside the systems companies already use. The result: improved cash flow, lower risk and real, hard-dollar savings. One file, all payments United's Integrated Payables platform pulls payments out of spreadsheets and into a single automated workflow. Upload — or have your enterprise resource planning system (ERP) export — one file and the system issues ACH, checks or wire transfers based on preset rules. Vendors get paid the way they prefer without extra clicks, and reconciliation files flow back into your accounting software automatically. Companies slash duplicate data entry and the cost of paper checks while gaining same-day visibility into outgoing cash. Remote deposits without road trips Driving to a branch just to deposit checks adds unnecessary hassle. Remote Deposit Capture turns any desktop scanner (or a mobile phone for smaller shops) into a secure teller window. Scanned items are transmitted through an encrypted portal and credit your account sooner, accelerating working capital cycles and cutting mileage reimbursements at the same time. Treasury headquarters, right in your browser Traditional online banking shows balances; United's Business Online & Mobile Banking lets finance teams run the treasury function. From a single dashboard, users can streamline outgoing payments, prevent fraud and manage receivables — all without leaving your browser. Upload ACH files in seconds or builds recurring templates so routine transactions fire off on schedule — no manual keystrokes required. Automated fraud detection As payments digitize, fraudsters follow. United's Positive Pay suite defends both sides of the transaction ledger. Check Positive Pay compares every presented item against the issue file you uploaded; mismatches surface as exceptions for one-click 'pay or return' decisions. ACH Positive Pay performs the same task for electronic drafts, automatically blocking unauthorized pulls from your account. The process happens overnight, so the team arrives each morning to a curated exception list instead of scrambling after money is gone. Real-time, real-money ROI Add up the minutes saved: Keying 250 vendor payments by hand takes roughly four staff hours per run. Integrated Payables reduces that to about 10 minutes for a file upload and review — an annual savings of over 190 hours, or nearly five workweeks, before factoring in postage, check stock and error correction costs. Remote Deposit cuts daily branch drives, while Positive Pay helps prevent losses that can reach five figures per incident. Automation is no longer a luxury — it is the fastest path to a leaner cost structure and stronger cash position. Getting started United Community's Treasury Management specialists begin with a brief cashflow mapping session, then activate only the modules a client needs — no 'all or nothing' bundles. Most integrations connect to QuickBooks, Sage, Microsoft Dynamics and other leading ERPs with little or no IT lift, and Greenville-based support stays available long after implementation. Businesses that automate elevate. By moving routine banking tasks into a single, integrated platform, companies reclaim time, tighten controls and convert manual drudgery into strategic momentum. Whether you employ 10 people or 10,000, United Community offers the banking tools to make every dollar — and every minute — work harder for you.
