Payroll beefs up security for direct deposits

To better protect the security of your banking information in PeopleSoft for direct deposit, beginning this week, bank account numbers will be masked in Self-Service except for the last four digits. Previously, the entire bank account number was visible. You will only see the entire number when you add a new bank account; after that, only the last four digits.

This change can be seen in two different areas of PeopleSoft Self-Service: Direct Deposit and View Paycheck (see examples below).

Self Service > My Payroll > Direct Deposit

direct-deposit

Self Service > My Payroll > View Paycheck

view-paycheck

You will continue to receive an automated message from PeopleSoft any time an account number on the direct deposit screen is changed or a new number is added. If you did not change your direct deposit information, contact your payroll administrator immediately. Note: For the security of your direct deposit, all new or changed account numbers go through a pre-note process with the financial institution prior to your pay being deposited into the new account. This takes at least one payroll cycle.