Solutions
The Solution Finder helps Financial Institutions and Businesses tap into a network of Solution Providers who offer the following types of Payments Solutions;
ACH (Automated ClearingHouse)
ACH Payments are electronic transactions which have become the de-facto standard non-cash payment type in the USA as measured by value, constituting over 2/3 of all payments value in 2018. From payroll and direct deposit, to consumer billing and other solutions, ACH has become the primary way money is moved in the USA.
Integrated Receivables
Integrated Receivables is a solution platform to optimize accounts receivable operations by combining all receivable and payment modules into a unified business process. Offered by Financial Institutions and other vendors to their business clients, Integrated Receivables can help streamline and automate the overall receivables process, thereby improving efficiencies, and reducing Days Sales Outstanding and errors.
Remote Deposit Capture (RDC)
RDC is a service which enables users (Financial Institutions, Businesses and their clients) to capture an image of a check and transmit it for posting / deposit. Various names have emerged for this service, including Mobile Deposit, Desktop Deposit, etc., depending upon who is using the service, how the service is used, and where the service is used. Overall, RDC has proven to be the fasted-adopted technology and service offered in history by Financial Institutions.
Risk Management
Risk Management Solutions cover any and all solutions related to managing risk and compliance throughout the payments industry. From Anti Money-Laundering (AML) and Bank Secrecy Act monitoring, detection and reporting, to Risk Scoring, Fraud Detection, Geo-Location, Identity Verification and more, Risk Management Solutions are increasingly a must-have for any financial institution and business.
Risk Assessments
Risk Assessments are a cornerstone of sound risk management practices for financial institutions, payment processors and others. Leverage our network to find the risk professionals and services to perform / meet your ACH and RDC Risk Assessment needs..
Other Solutions?
Don’t see a solution you’re looking for? Offer a solution you’d like added to this list? Let us know, and we’ll work to add that to the Solution Finder service.