Treasury Management

Fraud Prevention Tools

Lake City Bank’s Treasury Management team held an online seminar about fraud and cybercrime on September 24, 2020. The team shared common fraud scenarios that they and their clients have encountered and how to fight against them.
They were joined by the following guest speakers.

  • George Goodlink, Vice President and Information Security Officer at Lake City Bank, discussed how Lake City Bank protects client information and shared some general cybersecurity and fraud protection tips.
  • Chris Kotul, Division Manager at Chester Inc. Information Technologies, covered a high level overview of the risk of attacks, common attack methods, back-up disaster recovery procedures and social engineering.
  • Several Lake City Bank clients shared their experiences with fraud, how they responded and the steps they took to prevent future incidents.

Access the recording of the seminar using the button below.

Watch the Recording

Unfortunately, we hear about the fraud that our clients and others experience. We’re sharing some stories about what’s happened and how it might have been prevented to help you plan.

Read the Stories

Review these tips and share them with your team to help prevent fraudulent activity on your account.

Check Out the Tips

ACH Positive Pay

  • ACH Positive Pay only allows authorized vendors to debit your accounts with ACH
  • Prevents fraud and unauthorized debits
  • Non-authorized vendors prompt an alert to be sent to you (email and text options) asking for permission for the transaction

Positive Pay

  • Enjoy protection from fraudulent or unauthorized checks
  • Receive notification (email or text options) for any non-authorized checks before they clear your account, allowing you to pay or return
  • Simply send Lake City Bank an electronic file (via Lake City Bank Digital) of all checks that will be disbursed and we’ll match incoming checks

Fraud Prevention

Looking for steps you can take to protect you and your business from fraud? Check out the links below.

Drop in one of our branch locations or call our One Call Center at (844) 979-7164 for more information or to open an account.

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