What is a Credit Score & Why Does it Matter?
Posted On: October 23, 2023 by Prevail Bank in: Banking, Business, Digital Banking, Home Loans
Are you in the market for a car, apartment, or your very first home? If you answered yes to any of these, then you should focus on understanding credit scores and why they are essential.
What is a Credit Score?A credit score is a 3-digit number (between 300 to 850) that your lender will use to determine your creditworthiness. Think of your credit score like a report card – it shows whether you've been meeting your debt payments on time. The lender uses...
Cybersecurity Tips: How to Protect Your Data
Posted On: October 17, 2023 by Prevail Bank in: Banking, Business, Digital Banking
October is Cybersecurity Awareness Month! Are you taking steps to stay protected from fraudsters? It's crucial to take proactive measures to safeguard your information. Although there's no perfect method to prevent an attack, there are numerous steps you can take to mitigate the risk. Our Prevail Bank Information Security Officer, Michael Hostak, recommends the following tips to ensure your safety.
Beware of Scammers Posing as Your BankIt's important...
Still Mailing Checks in 2023? – Think Again!
Posted On: July 18, 2023 by Prevail Bank in: Banking, Digital Banking
There are many reasons why people send checks throughout the year – to pay bills, send money to family members, pay their employees, etc. Perhaps another reason may be that they don’t trust the security of electronic transactions. Whatever the reason, mailing checks may not be the safest route anymore. Check fraud cases have been on the rise – specifically linked to mail theft.
During the pandemic in 2020, federal government stimulus checks were being...
CardSwap | Update All Your Subscriptions in One Place
Posted On: June 5, 2023 by Prevail Bank in: Banking, Digital Banking
New card or checking account? No problem. Use CardSwap to update all your online vendors’ payment info.
Using numerous online and mobile services for shopping, subscribing, and streaming is common in this digital age. It’s great having so much at our fingertips, don’t get us wrong, but a new card or checking account means you must visit countless sites to update your payment info. This piecemeal approach is a time-consuming hassle. In this age of easy...
Protect Yourself from Phishing Scams
Posted On: March 1, 2023 by Prevail Bank in: Digital Banking
Phishing scams are a popular way for people to get access to your personal information. They can be easy to spot, but they're also highly effective. In fact, the FBI's Internet Crime Complaint Center (IC3) reports that phishing is responsible for more than half of all reported online fraud schemes in the US—and the number is growing each year.
In this blog, we'll take a closer look at how phishing works and how you can protect...
How to Keep Your Digital Banking Secure
Posted On: February 24, 2023 by Prevail Bank in: Digital Banking
In today’s digital world, nearly everything can be done online, including your banking! This being the case, Prevail Bank wants to help keep your accounts safe while enjoying the convenience of our Digital Banking services.
Here are a few tips we recommend to help keep your Digital Banking accounts safe and secure.
Verify you’re using the correct Mobile Banking appFirst and foremost, be sure that you are using the correct Prevail...
What are the Benefits of Mobile Deposit?
Posted On: February 9, 2023 by Prevail Bank in: Digital Banking
Mobile check deposit is one of many tools we offer at Prevail Bank that helps you bank the way you want. Mobile deposit eliminates the time and energy spent driving to the bank to cash a check. With our free Prevail Bank Mobile Banking app, you can conveniently and safely deposit a check from anywhere!
Your Deposits are SecureLike other digital banking processes, depositing your check through your mobile app is secure. The image of your...
What is Positive Pay?
Posted On: November 1, 2022 by Prevail Bank in: Business, Digital Banking
Positive Pay is one of the most powerful tools you can use to protect your company against check fraud, specifically protecting against altered, forged, and counterfeit checks, along with ACH filtering & blocks, and account reconciliation.
Did you know, the 2022 AFP® Payments Fraud and Control Survey reports 71 percent of organizations were victims of payments fraud attacks/attempts in 2021? More than 550 treasury and finance professionals participated in...
Exciting Updates to Mobile Banking
Posted On: February 14, 2022 by Prevail Bank in: Digital Banking
This new card manager platform on our app is an intuitive platform that helps your digital banking work for you. This next-generation platform replaced our Prevail Card Manager app. Providing you all the convenient features you’re used to while offering several beneficial financial management tools for free, now all in one location in the Prevail Bank Mobile Banking app, found by tapping “My Cards”!
You’ll...Protect Yourself from Identity Theft with ID Theftsmart
Posted On: October 1, 2021 by Prevail Bank in: Banking, Digital Banking
One in every 13 American households could be victimized by identity theft this year. And losses attributed to fraud continue to rise due to the increase of people engaging in social media, electronic communications, and online shopping.
In other words, someone you know – your neighbor, your friend, a relative, a co-worker – is likely to fall prey this year. Maybe even you. If you fall victim to identity theft, proactive...