> - checks are still a thing in business, what is remote deposit story?
You’re absolutely right - which is why are in the process of adding the capacity to send and receive checks. Remote deposit capture is what we're looking into for the "receive checks" piece.
> - ACH fraud a big thing - do you have ACH positive pay? Ie originator ID and limit?
Yes, we are able to offer ACH positive pay. Generally, per the payment network (NACHA) guidelines, if a fraudulent transaction is identified by Brex or by a customer, we are able to return it to the originating bank. This helps to prevent customers from ACH debit fraud, and allows us to keep track of potentially malicious activity for future transactions.
> - checks are still a thing in business, what is remote deposit story?
You’re absolutely right - which is why are in the process of adding the capacity to send and receive checks. Remote deposit capture is what we're looking into for the "receive checks" piece.
> - ACH fraud a big thing - do you have ACH positive pay? Ie originator ID and limit?
Yes, we are able to offer ACH positive pay. Generally, per the payment network (NACHA) guidelines, if a fraudulent transaction is identified by Brex or by a customer, we are able to return it to the originating bank. This helps to prevent customers from ACH debit fraud, and allows us to keep track of potentially malicious activity for future transactions.