Nonprofits work tirelessly to serve their communities – but fraud can threaten the very resources that make your mission possible. At Field & Main, we understand these challenges and provide tools designed to help nonprofits safeguard their funds and donor trust.
Our Fraud Prevention Solutions for Nonprofits
- Positive Pay
Check fraud remains one of the most common threats for nonprofits. Positive Pay verifies checks presented for payment against your issued check file, flagging discrepancies before they become losses. This service is easy to implement and adds a powerful layer of protection. - Treasury Management Services
Our Treasury Management platform offers secure ACH and wire capabilities, remote deposit capture and customizable controls. These tools help nonprofits manage cash flow efficiently while reducing exposure to fraud. - Account Alerts & Card Controls
Set up real-time alerts for unusual transactions and use card management tools like CardValet to monitor and control spending. These features give you immediate visibility and control over your accounts. - Security Center Resources
Visit our Security Center for practical tips and educational content on fraud prevention for businesses of all sizes. From guidance on spotting scams to best practices for protecting sensitive information, these resources can help nonprofits – and all organizations – strengthen their defenses.
Practical Tips for Nonprofits
- Separate Duties: Ensure that no single person handles all financial tasks. Segregation of duties reduces risk.
- Regular Reconciliation: Review bank statements frequently to catch unauthorized transactions early.
- Train Your Team: Educate staff and volunteers on phishing scams and social engineering tactics.
- Update Access Controls: Limit system access to only those who need it and review permissions regularly.
- Verify Requests: Always confirm payment or transfer requests through a secondary channel before processing.
Your Mission Matters – Let’s Protect It Together
Fraud prevention isn’t just about technology – it’s about partnership. Our team is here to help you implement these tools and create a secure financial environment for your nonprofit.
Ready to strengthen your defenses? Contact us today or explore our Security Center for more resources.