More NewsHuntington Bank Rolls Out Fraud and Counterfeiting Software to Help Small Firms

Huntington Bank Rolls Out Fraud and Counterfeiting Software to Help Small Firms

Huntington National Bank has installed Generated Systems’ ARP Translator that allows a bank to target small and middle market customers to more easily use a system aimed at detecting fraud and counterfeiting.

ARP Translator, a component of Generated Systems’ Business Banking Desktop, automatically retrieves cheque issue data according to a customer-defined schedule. Once cheque issues are retrieved, they are translated into the bank’s cheque register format, encrypted and automatically transmitted to the bank’s back office. ARP Translator supports other accounting systems via direct connect and preset rules.

“Huntington’s biggest challenge implementing Positive Pay for small business customers is collecting cheque register data in the bank’s standard format,” said Mary Navarro, retail and business banking director at the bank. “Generated Systems’ product solves that problem and also saves the customer’s time by automating the entire process. Positive Pay is a very effective tool to fight cheque fraud and we see Huntington Easy Export as the key to offering this service to the small business market.”

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha