Tyfone & AFS Partner to Deliver Proactive Commercial Fraud Prevention

Digital banking platform provider Tyfone has partnered with fraud prevention leader Advanced Fraud Solutions (AFS) to bring a proactive, integrated check and ACH fraud prevention solution to commercial banking clients. This partnership aims to drive adoption of Positive Pay, a key defense mechanism, in the face of rising check fraud incidents across the financial industry.

Developments in the Partnership

1. Addressing a Critical Security Gap

• Despite the rise in check fraud:
  • 65% of banks report low Positive Pay adoption among treasury clients.
• Tyfone and AFS aim to close this gap by offering a seamless, built-in security tool via Tyfone’s nFinia® Digital Banking Solution.

2. Integration Benefits

• Combines AFS’s proven Positive Pay technology with Tyfone’s nFinia® platform.
• Offers:
  • Customizable transaction rules for commercial users.
  • AI-powered fraud detection and analysis.
  • Enhanced security without adding user friction.

3. Powering Commercial Banking Experiences

• nFinia® is a flexible, scalable digital banking solution.
• The integrated solution:
  • Supports retail and commercial users alike.
  • Helps institutions deliver a secure, personalized digital experience.
  • Encourages proactive fraud defense rather than reactive response.

Industry Insight from Leadership

• Jordan Bothwell, Chief Partnership Officer at AFS: “Despite rising check fraud, Positive Pay remains underused. Our collaboration with Tyfone empowers institutions with stronger, user-friendly defenses.”
• Jared Kopelman, Director of Strategic Partnerships at Tyfone: “Security must be proactive. This partnership gives banks and credit unions the tools to protect commercial clients and their reputations.”

As check and ACH fraud evolve, so must the defenses that protect financial institutions and their clients. The Tyfone–AFS partnership brings together advanced fraud detection and digital innovation to deliver a solution that strengthens trust and security for commercial banking customers. By integrating these tools into core digital experiences, institutions can stay ahead of financial threats while maintaining a seamless user experience.

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