NEACH Payments Group (NPG), a leading payments consulting firm, today announced the launch of its latest market research initiative - a comprehensive survey aimed at uncovering insights into the adoption of positive pay services across the banking and business landscapes.
Positive pay is a powerful fraud prevention tool that helps organizations combat check fraud by verifying check-issue data before payments are cleared. Despite its effectiveness, adoption rates have varied across industries and regions.
"Check fraud remains a persistent threat, and positive pay presents a robust solution," said Sean Carter, President and CEO of NEACH Payments Group. "Through this survey, we aim to develop a deeper understanding of the current positive pay adoption landscape, identify barriers to implementation, and uncover opportunities to drive broader adoption of this critical anti-fraud measure."
The survey will gather input from banking professionals, corporate treasurers, accounts payable teams, and other stakeholders involved in fraud prevention efforts. Participants will be asked to share their experiences, challenges, and perspectives on positive pay implementation and utilization.
"By leveraging the collective insights of industry professionals, we can shape a more secure payments ecosystem," added Brandie Thacer, SVP, Market Intelligence & Subsidiary Director of NPG. "The findings from this survey will inform strategies to enhance fraud prevention efforts and drive positive change across sectors."
As an added incentive, all survey participants will receive a complimentary copy of the comprehensive Findings Report, which will distill the survey data into actionable insights and recommendations. NEACH Payments Group encourages all relevant professionals to participate in this important survey and contribute to the advancement of fraud prevention measures. The survey can be accessed at: Positive Pay Market Survey (neachgroup.com)