Centrix Solutions, Inc., has announced the addition of Payee Match functionality to Exact/TMS™, the comprehensive check positive pay, ACH positive pay and check reconcilement system developed by Centrix and used by banks across the United States. Payee Match electronically compares the payee name from the check image to the original payee name that was on the check at the time the check was issued. This enhancement allows financial institutions to take the fight against fraud to a new level, while also providing a marketable competitive advantage. Read »
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