03-15-2006
ACH Risk Management.
To give you the tools you need to manage your ACH risk, we have developed an automated and integrated ACH risk managment sub-system which is available starting with release 3.0. This functionality automatically captures historical records of customer ACH activity including returns and originated items. This data is then examined during server processing and compared with the current activity, looking for deviations from "norms". Deviation percentages are configurable by customer for originated items as well as return items. A master switch controls whether or not any flagged deviations cause processing to be aborted. A Risk Management report can be produced on either the client or processor system showing return item rates and originated item rates by SEC code. The ACH Risk Management server-side processing report also provides daily limit checking by customer. In addition, the system can monitor ACH activity for unauthorized debits. Basically, the system will allow the the processor to detect abnormal customer activity at a glance and comply with NACHA audit requirments.