2/7/2014
ACH Alert Delivers Fraud Protection Technology To Los Alamos National Bank

ACH Alert Delivers Fraud Protection Technology To Los Alamos National Bank

PRO-TECH service adds another layer of security for account holders

 

OOLTEWAH, Tenn. (Feb. 7) – ACH Alert, a comprehensive provider of ACH and wire risk management services, has partnered with New Mexico’s Los Alamos National Bank to introduce industry-leading fraud protection services for LANB’s customers with PRO-TECH.

 

“ACH Alert has a proven track record for delivering outstanding state-of-the-art technology solutions that can provide another layer of fraudulent transaction safeguards to our customers,” said Steve Wells, president of Los Alamos National Bank. “In addition to helping us improve service to our customers, PRO-TECH captures revenue opportunities that we’d otherwise miss out on.”

 

ACH Alert’s industry-leading technology allows account holders to make the decision to pay or decline incoming electronic debits, preventing fraud and theft. Customers receive an alert when an electronic debit hits their account, enabling them to detect fraudulent entries immediately and return them instantly.  All of this is done without a financial institution’s intervention, a time-saving benefit for businesses both large and small.

 

“Fraudsters are continually finding ways to circumvent traditional security methods, leaving financial institutions and their account holders at risk,” said Debbie Peace, CEO of ACH Alert. “PRO-TECH is part of a layered approach to fraud prevention that shifts control of the pay/no-pay decision to the customer, an option most account holders crave.”

 

Peace says advances in mobile and online technologies have enabled real-time delivery of notifications through multiple channels, including text messaging, email and phone call.

 

ABOUT ACH ALERT

ACH Alert provides innovative fraud detection services to financial institutions ranging from community banks to top tier financial institutions. Relying on more than 20 years of industry experience, ACH Alert assists financial institutions in mitigating the risks associated with electronic payments. ACH Alert is the 2012 recipient of the Kevin O’Brien ACH Quality Award, the highest award for quality in the ACH Network industry. For more information, visit achalert.com.

 

ABOUT LOS ALAMOS NATIONAL BANK

With current assets of more than $1.5 billion, Los Alamos National Bank (LANB) is the largest locally owned bank and one of the largest banks in New Mexico. Through the focused and responsive work of 360 professional employees, LANB proudly offers a full range of banking services with the highest degree of customer service to businesses and residents in northern New Mexico and the Albuquerque metro. A true community bank with six full-service locations, LANB is one of the top mortgage lenders in the state. LANB has been voted "Best Bank in Santa Fe" by the readers of the Santa Fe Reporter for the past eight years. LANB was the first corporation in New Mexico, as well as the first and only bank in the nation, to earn the prestigious Malcolm Baldrige National Quality Award. Founded in 1963, LANB is a subsidiary of Trinity Capital Corporation headquartered in Los Alamos, N.M. For more information visit LANB.com.