ACH Alert

ACH Alert deserves to be recognized for their ability to see an ACH industry problem and apply more than 20 years of ACH experience to develop a solution. Receiving depository financial institutions can now provide all account holders (consumer and Treasury) with real-time ACH Debit fraud prevention and automated account protection. ACH Alert provides a simple, integration-free process and a highly configurable,user-friendly web interface. ACH Alert operates between an ACH processing system and a core system. It filters all ACH transactions, notifies registered customers of any pending debits and automatically processes any returns. It provides control and security. The benefits of ACH Alert include:

• State-of-the-art fraud protection for account holders.
• An entirely automated unauthorized return process.
• Generation of non-interest fee income.
• Online and recorded storage of the written statement under penalty of perjury.

ACH Alert’s end-to-end business process and supporting technology relieves financial institutions and their customers from the high cost, inconvenience and risk associated with unauthorized ACH debits. When the ACH Alert service becomes widely adopted, depositors will be free to conduct ACH/electronic transactions with confidence, knowing that they will have the control to make the final pay/no pay decision. This allows the financial institution to place the responsibility on deciding if an ACH withdrawal should or should not occur, (without requiring the financial institution to set up and maintain debit filters for their clients) with their client.

ACH Alert
www.achalert.com