KeyBank, which has been carving out a niche in the often-ignored small-business banking segment, is looking to extend that strategy with the introduction of a combined online check/ACH fraud prevention tool that allows small and mid-sized companies to stop and reverse potentially fraudulent items from a Web-based treasury management portal.

Sounds relatively simple, but until now it's been a tool out-of-reach of most mom n' pops. Like Goldilocks unable to find a decent bed, many small businesses find themselves torn between an unaffordable full-fledged treasury management banking suite with reverse positive-pay features, and standard retail DDAs, which are inappropriate since consumer protections such as Reg Z safeguards in ACH drafts don't apply to businesses. "There is a lot of talk in the market about consumer fraud, but corporate fraud among small and large businesses is a much larger problem that doesn't get discussed by the banks," says Avivah Litan, vp and security analyst at Gartner.

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