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

A Note from SettleMINT: Changes to Limits for Payveris Bill Pay and P2P Arriving 2/10/21

A Note from SettleMINT: Changes to Limits for Payveris Bill Pay and P2P Arriving 2/10/21

Attention Payveris Bill Pay and P2P Credit Unions Following a recent review of Payveris bill pay, we discovered that some credit unions exhibited unusually high or unlimited maximum limits for max payment amounts, max daily amounts and max monthly amounts.  CU*Answers has worked with Payveris to create a program to change the higher limits and… Read more »

Feb 9, 2021

Presenting the Brute Force BIN Attack Checklist from AuditLink and SettleMINT

Presenting the Brute Force BIN Attack Checklist from AuditLink and SettleMINT

On Presidents’ Day 2020 and during the weeks that followed, several CU*Answers clients experienced brute force attacks on their ATM, debit and/or credit card BINs.  The losses suffered were, in some cases, up to six digits.  This prompted Jim Vilker, VP of Professional Services and Heather French, VP of Client Interactions take a deep dive… Read more »

Feb 8, 2021

Paywatch is FREE to Payveris Bill Pay Clients – Join our Upcoming Webinar to Learn More!

Paywatch is FREE to Payveris Bill Pay Clients – Join our Upcoming Webinar to Learn More!

Paywatch (Payveris Fraud Prevention Solution) is now FREE to all credit unions using Payveris Bill Pay! When launching the Paywatch Fraud Monitoring service, the SettleMINT team will review the Paywatch rules with you and help customize them for your credit union.  Once your credit union is live, if a transaction fails one of these rules,… Read more »

Jan 29, 2021

Paywatch is FREE to Payveris Bill Pay Clients – Join our Upcoming Webinar to Learn More!

Paywatch is FREE to Payveris Bill Pay Clients – Join our Upcoming Webinar to Learn More!

Paywatch (Payveris Fraud Prevention Solution) is now FREE to all credit unions using Payveris Bill Pay! When launching the Paywatch Fraud Monitoring service, the SettleMINT team will review the Paywatch rules with you and help customize them for your credit union.  Once your credit union is live, if a transaction fails one of these rules,… Read more »

Jan 25, 2021

CU*Answers assisted Lakota Federal Credit Union in establishing their new credit card portfolio on CU*BASE

The CU*Answers SettleMINT EFT Team completed a credit card program for Lakota FCU, located in Kyle, SD, which will allow them to begin offering credit card loans to their members with the CU*BASE online credit card platform. “By utilizing the CUBASE online credit card platform Credit Unions are able to offer a valuable service to […]

Jan 12, 2021

Paywatch is Now FREE to Payveris Bill Pay Clients!

Paywatch is Now FREE to Payveris Bill Pay Clients!

Attention credit unions using Payveris Bill Pay: we have GREAT news!  Paywatch (Payveris Fraud Prevention Solution) is now FREE! In case you didn’t notice, you received a credit on your October CU*Answers invoice labeled ‘Payveris Credit – Paywatch Refund’.  This refund was provided to you as we were able to negotiate having Payveris INCLUDE Paywatch… Read more »

Jan 11, 2021

Video Now Available: Review of Brute Force BIN Attacks and Fraud Management Recommendations for Debit, Credit & ATM Payment Systems

Video Now Available: Review of Brute Force BIN Attacks and Fraud Management Recommendations for Debit, Credit & ATM Payment Systems

On Presidents Day 2020 and during the weeks that followed, several CU*Answers clients experience brute force attacks on their ATM and debit card BINs.  The losses suffered were, in some cases, up to six digits.  This prompted the AuditLink and SettleMINT teams to take a deep dive and research how they happened as well as… Read more »

Dec 22, 2020

A Note from SettleMINT EFT: iPay Bill Pay No Longer Supporting Internet Explorer

A Note from SettleMINT EFT: iPay Bill Pay No Longer Supporting Internet Explorer

CU*Answers would like to remind our iPay clients that the iPay bill pay platform no longer supports the Internet Explorer browser.  While members are not prevented from using Internet Explorer, they will find that some features do not function properly, due to security measures put in place by iPay which are not supported by the… Read more »

Dec 17, 2020

Risk Management: Managing Your Plastics in Today’s Turbulent Times

Risk Management: Managing Your Plastics in Today’s Turbulent Times

Debit and credit cards continue to be the preferred payment method for today’s members.  But rising instances of impostor activity can also lead to risk and in some cases, significant loss. Learn about strategies your credit union can utilize to mitigate risks for fraudulent activities relating to your credit and debit portfolios.  Join Jim Vilker,… Read more »

Dec 8, 2020