Faster ACH risk reviews
Our Centrix ACH Processing solution removes the manual effort from your ACH originators, RDC customers, or other risk reviews. It lets our innovative technology do the work to ensure compliance, mitigate ACH fraud risk, and manage ACH and other payment activity.
With Q2, you can track and better manage originated and inbound ACH activity with simple and intuitive reporting, worksheets, and a risk calculator.
Our risk calculator automatically assesses whether a transaction is legitimate, or if there are indications of an unauthorized transaction. With cybercrime an increasing financial industry concern, it’s never been more important to offer a secure solution.
Improve operations to focus on opportunities
With a more efficient approach to ACH risk management and reporting, Centrix ACH Processing helps your institution re-allocate time and resources to the most valuable activities.
Better originated
ACH validation
With Q2, all originated ACH network activity can be validated and approval withheld if issues such as exceeded limits or invalid National Automated Clearing House Association (NACHA) formats are found. Plus, our authorized account validation protects against man-in-the-middle and account takeover attacks.
Notices of Change
Notices of change (NOCs) received by an institution can be compared against transactions submitted by ACH originators, and items in violation of an NOC are stopped for approval.
ACH Calendaring
Your financial institution or originators can specify which days ACH files will be submitted, preventing the submission of unauthorized items on non-scheduled days.
Totals Entry
Ensure that submitted ACH files match the dollar amounts and item counts supplied by originators to prevent unauthorized file modifications.
Meet reporting requirements easily
Our activity reporting and risk worksheets allow you to more easily comply with reporting requirements set by regulators and internal stakeholders. Reports generated through our solutions support annual ACH risk assessments required by NACHA while saving compliance and audit teams valuable time.
Flexible report filters
Allow analysis of your entire institution, specific account holders (or groups of account holders), or transaction types. Plus, drill-down capability makes it quick and simple to research individual ACH transactions.
AI coaches your team in real time
Andi® is a virtual advisor for coaching and actionable insights. It monitors information and informs your staff when action is needed to make informed decisions and remain compliant.
Andi will guide staff through daily ACH processing, help balance files to ensure backoffice operations are seamless, and provide notifications for overrides and originators exceeding limits. Staff training can be measurably reduced, saving money on administration while ensuring employees are trained quickly.
“The Centrix ACH Processing Risk Review process has saved considerable time during audits and during the review period. It saves time operationally, giving us a particularly useful view into all risk-exposure-related activity.”
Senior Vice President, Digital Services, Mercantile Bank of Michigan
