ACH FRAUD IN SMALL BUSINESSES
Discover protections for your preferred way to send and receive money
M&T offers a combination of services that can help you reduce the likelihood of ACH payment fraud.
What is ACH fraud?
The Automated Clearing House (ACH) network provides small businesses a more efficient, less expensive and safer payment acceptance and delivery method than paper checks or wire transfers. But no method is immune to the possibility of cyberattacks. Criminals use sophisticated fraud techniques to lure sensitive information from unknowing victims. With your business checking account number and your bank routing number, a cybercriminal can access your account and process unauthorized payments.