TRUEACH from afs
Stop unauthorized ACH activity before it hits account holders
ACH fraud is on the rise. TrueACH puts your institution on offense with consortium-powered intelligence that flags and stops suspicious activity—before it turns into a loss.
Choose the team that protects ACH transactions every day.
Validate account ownership and protect ACH transactions
ACH Originators are facing two big issues: faster payments fraud and compliance with Nacha’s updated rule. Both can be solved with greater ACH fraud prevention controls.
TrueACH® with Account Validation enables financial institutions to confirm
both the status of an account, and its authorized user(s).
the time is now
Don’t wait. ACH fraud threats are accelerating—and so are the losses.
ACH Account Insight
TrueACH® with Account Validation triangulates the identity of a query against an industry leading, FI-contributed database that includes account owner and authorized user identity.
Real-time Responses
Real-time responses on if the account exists and is in good standing; if it is returning transactions or closed, NSF or high-risk status; stop-payment; or if the person is authorized to transact on the account.
Address Compliance
Allows financial institutions to reduce the risk of fraud as well as address Nacha’s Account Validation requirements.
Reduce Friction
Reduces risk and allows for faster funds availability and checking-to-checking / checking-to-savings transfers.
What people are saying about TrueACH® with Account Validation…
TrueACH® with Account Validation is a powerful ACH tool that enables financial institutions to confirm the account status, account owner or authorized user(s). Jordan Bothwell, VP of Strategic Partnerships
As fraud migrates from channel to channel, FIs need to be taking an omnichannel approach. By doing so, FIs will not only be protecting themselves but also their customers. Being reactive not only hurts the bottom line, but also erodes trust and damages the member experience. Josh Sheehan, VP of Sales at Advanced Fraud Solutions
