California's Bank of Sacramento has purchased Prelude Software's PayPositive cheque fraud detection software product for its commercial operations.
The US regional has chosen PayPositive's reverse positive pay application enabling it to import presented items and then create customer-specific files from these. Commercial customers can then use PayPositive to compare the file from the bank with its own issued cheque data, and to organise and manage any exceptions. Authorised users can access the centralised database at any time for running queries or reports, and to view processing history records online.
Bank of Sacramento is Prelude's first PayPositive sale.