Solution helps small business clients proactively monitor check activity and prevent check fraud before it impacts their business
CLEVELAND, OH / ACCESS Newswire / July 9, 2026 / KeyBank (NYSE:KEY) today announced that Check Control for Business is fully available to KeyBank Business Online® clients. This service, which is unique to KeyBank as to the size of business it supports paired with its minimal cost, can help small business owners address the growing risk of check fraud with the ability to monitor check activity, quickly spot suspicious check transactions, and mark checks for return.
As fraud practices continue to evolve, small business owners are faced with increasing challenges in protecting their operations. According to the Federal Reserve's Business Payments Study, 83% of small firms use paper checks for business payments, and more than $1 billion is recovered each year in counterfeit checks and money orders. Check Control for Business helps combat this by alerting clients to check activity so they can review and act if necessary.
"Check fraud continues to be a growing challenge for businesses as tactics evolve, and we know it's top of the mind for many of our clients, especially small businesses, which are the backbone of our economy," said Victor Alexander, Head of Key's Consumer Bank. "At Key, we are committed to delivering for our clients by helping them stay ahead of emerging threats and protect what they've worked so hard to build. Check Control for Business is another way we're empowering our clients with practical, effective tools to help prevent fraud and operate with confidence."
