ACH / EFT Processing

FedACH Interface
Tracking of Transactions
Automatic Bounce Notification system.
OFAC/SDN Automated Scanning
Automated AML checks to mitigate risks
Extensive Customer Credit & Total Payment Risk Control
Extensive list of management/control reports.

Integrated Solution for Electronic Funds transfer (ACH)

Our enhanced Integrated Electronic Funds transfer solution is designed to connect users by utilizing a secured web browser which supports 128 bit encryption. Our solutions are platform-independent and can run on both Sun and Microsoft platforms. The browser technology simplifies the integration of our solution so that a bank branch network can permit remote inquiry capabilities in order to enhance the customer experience. The Epay solution is an exciting, next-generation system designed to automate payment processing over the internet by computer, PDA or telephone input for processing transactions by any bank. The solution was designed to address and answer the major concerns of ACH users:

Network access to the Clearinghouse, Banking and Federal Reserve Network
Processing of multiple payment types
Account authentication and/or verification issues
The capture of order information
Payment authorization
Order confirmation/reconciliation
Clearing and settlement
Reporting and accounting

The software runs on either the powerful IBM eServers computer family using either the Windows or Linux Operating system. An embedded SQL-Server/Oracle/Sybase database may be used on either of the hardware platforms.

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