Everybody knows the importance of account validation in today’s instant transaction ecosystem. It even comes with a mandate: the Nacha WEB debit account validation rule.
Make sure your BAV solution is Nacha compliant, and you’re good to go.
But compliance shouldn’t be confused with performance. Adhering to the Nacha rule is incredibly important (and of course, mandatory) but it’s just one piece of the BAV puzzle. Your account validation solution will determine the friction level and user experience of every digital transaction and confirm or reject the customers needed to grow your business.
And the fact is, most companies don’t measure their BAV performance. At all.
They don’t know how those risk management outcomes are turning out. They’re not tracking their return on investment. And they’re unaware of the opportunities a more robust account validation solution could provide them.
That’s why we’ve taken account validation Beyond Compliance
As a Nacha Preferred Partner for Bank Account Validation, Accelitas goes beyond compliance, leveraging unique sources of real-time transactional data, advanced behavioral analytics, and unsurpassed U.S. bank coverage to create seamless and strategic BAV solutions.
Bottom line: what you don’t know could be costing you.
Today’s businesses need to evaluate their current account validation solutions. If they aren’t adding up, Accelitas can help, offering a robust sandbox environment as well as no-cost data testing to demonstrate our BAV performance.