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Increased Due Diligence and Risk Management

We have a large debit originator who has already indicated they want to use same-day debits when Phase II rolls out. Is there any additional due diligence or risk management we need to consider?

Absolutely! It’s likely that not all of your customers will qualify for same-day debits, a much riskier proposition than same-day credits. It will largely depend on your own internal monitoring and risk management program, along with what your Board dictates for customer approval.

Learn more about Rayleen Pirnie and Genny Wenta’s webinar
Same Day ACH – Preparing for More!

First published on 03/26/2017

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