While Nacha’s WEB Debit Account Validation Rule took effect on March 19, 2021, this rule won’t be enforced for one full year to give organizations more time to add account validation to their fraud detection system. In our webinar, we’ll feature an expert from Nacha who will discuss what the new rule means and the steps many businesses are taking now to meet the rule by next year.
Join us to find out more about the requirements and learn how to find the right account validation solution for your specific needs. We’ll cover how to validate consumers’ accounts prior to the first debit transaction, and even go beyond that with additional layers of account validation to reduce the risk of fraud and failed payments.
In the webinar, we’ll discuss:
How Nacha defines a commercially reasonable fraud detection system
How to evaluate account verification vendors
Steps for meeting Nacha’s new rule and even exceeding it
Powerful solutions for reducing fraud and NSF (non-sufficient funds) fees
Why Envestnet | Yodlee is a Nacha-Preferred Partner for account validation
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Featured Speaker:
About Peter:
Peter is honored to be responsible for overall content on the Envestnet | Yodlee developer portal. He has worked as a software developer in Silicon Valley for most of his career, for companies as diverse as Apple, Motorola, and Sun Microsystems. In recent years, he has changed his focus from writing code himself, to teaching other developers how to write code and use APIs. His most successful book is “Expert C Programming” and he has received great feedback on his Java and Linux books as well.
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Why is this new experience important to customer care professionals?
Customer care professionals will be able to improve service ticket response times with an automated support resolution engine. The new tool responds automatically to common service requests for approximately 25% of requests.
Get ready to improve workflows with an intuitive interface including a new customizable and flexible dashboard and many other productivity enhancements.
Why is this new experience important for business leaders?
Business leaders can uncover insights more easily with new, consumer engagement analytics. Clear visibility into meaningful analytics can help you drive adoption and revenue. See the productivity gains your customer support teams achieve with the advanced automation tool, dashboard, and other features.
When will the new experience be available?
We’re targeting the launch of My Yodlee this spring. We’ll let you know as soon the official launch approaches.
How do I access the new experience?
Customer care professionals can simply log in as you do today using your current ID and Password.
The new Envestnet l Yodlee customer service experience is available at no additional cost to everyone who has access to Envestnet l Yodlee Customer Care now.
Business leaders who do not have access to Envestnet l Yodlee Customer Care can either contact their firm’s administrator to create a new log in ID or contact Envestnet | Yodlee customer support at [email protected].
What should I do to get ready for the My Yodlee experience?
Watch the short videos to learn more about what you can expect. On day one, you’ll be able to log in as you do today. The site will be highly intuitive and include in-product notifications to help guide you to key function and activities.
If you have questions, contact Yodlee Customer Care at [email protected].
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Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est Lorem ipsum dolor sit amet. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est Lorem ipsum dolor sit amet.
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