Protect Against Fraud with PayWatch!

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PayWatch is an optional new service offered to your credit union from Payveris, CU*Answers’
newest bill pay partner!

Mitigate Your Credit Unions Fraud Risk

Frauds and scam activity is escalating. It can happen to anyone, anywhere at anytime and often starts with electronic payments. Help protect your credit union’s members fraud risk with Payveris’ new PayWatch service!

A Few Benefits PayWatch Offers:

  • Fully designed and supported by Payveris (not a separate 3rd party bolt-on).
  • PayWatch performed by your staff using the PASS administrative support tool.
  • Fraud transaction auditing is run hourly (commonly 1-2 times daily) with alerts immediately available for staff to review and decision accordingly.
  • Fraud tools included to alert staff to make an immediate determination on how to process flagged transactions.
  • Online alerts included for staff to easily monitor and flag today’s and previous alerts.
  • PayWatch works across supported Payveris products, including electronic Bill Pay, Checks and P2P. All electronic payees are OFAC scanned.

What’s the Cost?

  • No set-up fees… your credit union is only charged $0.02 (2 cents) per bill pay transaction for PayWatch!
  • Represents a minimal 3.36% increase in your bill pay transaction fee.
  • All online reporting, decisioning and historical transaction research tools included – no separate fee!
   

Sign up for PayWatch Today!


Order PayWatch

Updated
August 6, 2018

CU*Answers announces Melissa Robinson as new manager for SettleMINT and Conversions teams

West Michigan-based cooperative CUSO, CU*Answers, is pleased to announce that Melissa Robinson has accepted the role of Managed Services manager. This new role will include Melissa overseeing both the SettleMINT EFT and Conversion teams. Melissa has an extensive background with CU*Answers starting in the Client Services team in 2000 then transitioning to the Conversions team […]

Jan 18, 2019

A Note from SettleMINT: New Batch Maintenance Report Arriving January 22nd

A Note from SettleMINT: New Batch Maintenance Report Arriving January 22nd

On Tuesday, January 22nd, we will be launching a new batch maintenance report.  This new report, LXMTPAN1B, will automatically be routed to your DAILYxx outq and CU*Spy.  Your first report will be available on Wednesday, January 23rd. The LXMTPAN1B report will be created with each successful transmission of batch maintenance.  Please review this report daily… Read more »

Jan 17, 2019

A Note from SettleMINT EFT: P2P Review

A Note from SettleMINT EFT: P2P Review

CU*BASE credit unions around the country have reported similar cases of someone using a member’s online banking credentials to initiate P2P payments via Payveris online bill pay.  These cases are similar in detail as the perpetrator(s) are logging in successfully with the member’s credentials, or changing the member’s email address before initiating a payment.  The affected members could become aware… Read more »

Dec 10, 2018

CU*Answers assists 1st Community Federal Credit Union in converting credit card portfolio to CU*BASE®

The CU*Answers SettleMINT EFT Team converted 902 credit card loans for 1st Community Federal Credit Union to the online credit card platform of core processing platform CU*BASE. 1st Community Federal Credit Union, located in San Angelo, TX converted their card portfolio from a batch FIS solution. “Credit unions moving to the online credit card platform […]

Dec 6, 2018