Explanation:
Box 1: Positive Pay
Positive Pay within Dynamics AX is one of the easiest systems to put into place to help prevent check fraud and protect your business. Positive Pay generates an electronic file that you can submit to your bank with a list of your approved checks, reducing the chance of processing any fraudulent checks.
Box 2: Electronic reporting
Electronic reporting (ER) is a configurable tool that helps you create and maintain regulatory electronic reporting and payments.
You can use ER to configure formats for both incoming and outgoing electronic documents in accordance with the legal requirements of various countries and regions. ER lets you manage these formats during their lifecycle. For example, you can adopt new regulatory requirements and generate business documents in the required format to electronically exchange information with government bodies, banks, and other parties.
The ER engine is targeted at business users instead of developers. Because you configure formats instead of code, the processes for creating and adjusting formats for electronic documents are faster and easier.
Reference: https://stoneridgesoftware.com/how-to-generate-positive-pay-text-files-in-dynamics-ax/
https://docs.microsoft.com/en-us/dynamics365/fin-ops-core/dev-itpro/analytics/general-electronic-reporting