On screen:

This video opens with a title over a man in glasses and a suit, speaking from an office:

Text on screen:

'Talk with a Banker: Preventing Fraud.'

Brian Kronowitz:

What we find most common is fraud has been a leading result of manual workflow. So that's writing paper checks as well as the lack of internal controls for dual control for their employees.

On screen:

A hand signs a paper check, then identifying text appears beside the speaker:

Text on screen:

'Brian Kronowitz, Commercial Banker, J.P. Morgan, Philadelphia, PA.'

Brian Kronowitz:

So my role as a banker is to help companies automate their banking processes, adopt digital payment solutions, as well as increase their internal controls via our advanced treasury platforms.

On screen:

Text appears beside a blonde-haired woman in a peach blouse:

Text on screen:

'Liz Kinkler, Commercial Banker, J.P. Morgan, Philadelphia, PA.'

Liz Kinkler:

We do periodic check-ins with our clients to make sure that they are utilizing all the different fraud protections that we do offer.

On screen:

A banker reviews documents with clients.

Liz Kinkler:

And if they don't have it, we make sure that they are aware of the different implications and consequences that they could face if those vulnerabilities are taken advantage of. The other thing that we encourage is employee training amongst their own employee base.

On screen:

A businessman leads a meeting in a conference room.

Liz Kinkler:

So what that looks like is typically coaching their employees or their finance team on how to handle the onboarding of new suppliers and how to utilize the dual approval process. Things that will allow them to continue their day to day, but ensure that they are being vigilant and protecting the business.

On screen:

Another team of professionals discuss around a white board in an office lounge. Then, text appears beside a fair-haired man in a suit:

Text on screen:

'John Dougherty, Commercial Banker, J.P.Morgan, Philadelphia, PA.'

John Dougherty:

Fraud is not going away any time soon. If anything, it's becoming more prevalent to business owners and to the business community. I think being proactive is the best form of defense. Understanding who has access to your bank accounts on a day-to-day basis, having dual controls set in place.

On screen:

A professional types a code from her phone into her computer, and a businesswoman opens a portfolio as she meets with a client.

John Dougherty:

You know, these are things that J.P. Morgan takes a proactive approach with their clients, understand where they're potentially vulnerable, whether that's on the check front, whether that's on the ACH front. Having fraud tools in place, whether it's as simple as Check Positive Pay or a debit block on their account, are the fundamental tools to help safeguard the assets of the business and ensure that fraudsters don't have any access to the business accounts.

On screen:

A city skyline reflects off the mirrored exterior of a skyscraper, and the video ends with text and a logo over white:

Logo:

'J.P.Morgan.'

Text on screen:

'Talk to a banker to get started. www.jpmorgan.com/build.

Copyright 2025 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase Bank, N.A. Member FDIC. Deposits held in non-U.S. branches, are not FDIC insured. Non-deposit products are not FDIC insured.'

END