Financial institutions can now provide real-time ACH fraud prevention services to all account holders (Treasury and Consumer) as well as ACH Originators.
The ACH A.L.E.R.T. service protects all account holders (Treasury and Consumer) from unauthorized incoming ACH debits.
The C.O.P.S. service protects originators of ACH credits against corporate account takeover attempts.
ACH A.L.E.R.T. is simply inserted into the ACH processing flow. Our services provide a simple, integration-free process and a highly configurable, user-friendly web interface.
The features and benefits of the ACH A.L.E.R.T. service include:
- State-of-the-art fraud protection for your account holders
- Actionable alerts by SMS, Email or Phone
- Clients control contact information, notification method and condition
- Clients can reject a transaction or add a company to the approved list
- The unauthorized return process is completely automated
- Online presentment of pre-populated Written Statement of Unauthorized Debit
- Automated billing functionality supports fee income generation
- Lower cost, mitigate risk of untimely return request, attract new deposits, retain existing deposits
The features and benefits of the C.O.P.S. service include:
- Corporate account takeover attempts intercepted and stopped
- Each credit entry is validated against a valid payee list
- Auto-population and validation of the valid payee list supported
- An out-of-band alert with one-time authentication code transmitted for exceptions
- Ability to easily reject batches with exception, allowing remainder of file to process
- Prevents losses, incorporates best practices for fraud prevention
ACH ALERT is dedicated to provide services that enhance your reputation and build confidence with your clients.
Call us directly at 866.265.8961.
To learn how easy it is to get started, contact us today.