Upgrading Account Validation: Making the Most of Your Data

Now that you’re compliant with Nacha’s Account Validation Rule, how can you get more value from your data? Account validation provides an opportunity to streamline bank account onboarding and extract valuable insights, including payment risk, assessing account fraud, and consumer preferences. This session will explore how your organization can enhance your account validation strategy beyond checking the box for compliance. Gain understanding of the use cases for account intelligence and behavior analytics (AI) that increase digital billpay adoption, reduce receivables, and retain profitable customers.

Speakers:

Brian Dao, AAP, EPCOR

Shawn Princell, ValidiFI

*This recording is not eligible for continuing education credits.

Tag(s): Practical Strategies, Nacha Rules, Compliance, Regulatory, Remote Connect