TREASURY MANAGEMENT SOLUTIONS
Stop payment fraud with intuitive treasury management solutions
Financial institutions offering a winning user experience are able to balance their treasury management clients’ and other account holders’ desire to transact with ease without having to sacrifice payment security.
Turn payment fraud prevention into a profit center
Move payment security and insights out of the back office and into the hands of paying businesses, transforming what used to be a cost center into a lucrative revenue stream for your financial institution (FI). With our core and digital banking-agnostic payment fraud prevention solution, you can select one or multiple treasury management solutions with the appropriate entitlements to easily enroll business, commercial, and corporate users and protect your FI and commercial accounts.
Positive Pay for check & ACH
Give controllers, treasury professionals, and business owners control to protect their businesses with intuitive cash management solutions. Positive Pay allows business users to stop unauthorized ACH and check payments and trigger actionable alerts so business account holders can authorize transactions quickly. Strengthen relationships with businesses, and generate significant return on investment for your FI while reducing losses for both your organization and business account holders.
ACH Returns & Notifications of Change
The ACH Returns and Notifications of Change (NOCs) solution immediately notifies users who originate ACH transactions when an item is returned or the originated payment contains incorrect information.
Access to real-time information and the ability to export it in a variety of digital formats is critical for business, commercial, and corporate account holders and their ability to respond and make necessary corrections. Automating the delivery of ACH NOCs and ACH returns to your originators creates efficiencies in the back office and guards against the impacts of future volume increases.
Translate complex Electronic Data Interchange (EDI) remittance information embedded in ACH transactions and automatically notify treasury management and other clients when payments arrive.
Business account holders may view or export banking EDI, including 820, 835, PPD+ SSA, and Free Form addenda in a variety of digital formats to automate posting to accounting systems and gain significant operational efficiencies.
Transaction Origination Security
Preventing the effects of corporate account takeover has been a top priority for FIs and their customers or members over the past decade with wire and ACH origination being two of the highest targeted payment channels by fraudsters. Make sure your organization is prepared for these common attacks with a preemptive strategy that leverages wire and ACH origination verification and out-of-band authentication.
Treasury Management Solutions
Alkami is revolutionizing payment security. FIs using this solution have experienced: