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Early Warning a Nacha Preferred Partner for Account Validation

Wednesday, March 03, 2021 — 12:18:25 (EST)

HERNDON, VA. (PRWEB) MARCH 02, 2021--Early Warning Services, LLC has returned as a Nacha Preferred Partner for Account Validation.

Early Warning values that as a Preferred Partner, they are part of a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies to advance the ACH Network.

“As the ACH Network has grown, the methods for verifying accurate payment information have evolved,” said Nacha President and CEO Jane Larimer. “We welcome Early Warning as a Preferred Partner focused on account validation, which helps keep the ACH Network strong.”

More than 2,500 companies rely on Early Warning’s intelligence to get in front of fraud. In its role as Trusted Custodian® of bank-contributed data, Early Warning offers a full suite of solutions that enable financial institutions to fight fraud, mitigate risk and better service their customers for account opening, funding, and payment experiences.

“With payments moving faster than ever, the best way to mitigate risk and help keep consumers safe is by leveraging data insights to validate account status in real-time,” said Lou Anne Alexander, Chief Product Officer at Early Warning. “We are honored to be a Nacha Preferred Partner and work with like-minded organizations to facilitate efficiencies and innovation to strengthen the ACH Network.”

Learn more about Nacha's growing community of Preferred Partners and how they can support your use of ACH payments. For more information, visit: www.nacha.org/Preferred-Partner.

About Nacha

Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. Nearly 27 billion ACH payments were made in 2020, valued at close to $62 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.

About Early Warning Services

Early Warning Services, LLC, is a fintech company owned by seven of the country’s largest banks. For almost three decades, our identity, risk and payment solutions have been empowering financial institutions to make confident decisions, enable payments and mitigate fraud. Today, Early Warning is best known as the owner and operator of the Zelle Network®, a financial services network focused on transforming payment experiences. To learn more about Early Warning, visit www.earlywarning.com.

The Early Warning and Early Warning Services name, logo and related trademarks and service marks are owned by Early Warning Services, LLC and are registered or used in the U.S. and many foreign countries.

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information: bankcardlife.com?orid=33533&opid=1 .

Source: Company press release. end of article

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