Would you like to reduce risk when moving money? Whether your customers are funding new accounts or making payments on existing accounts, account validation is a key component of managing risk in ACH fund transfers. FIS Account Ownership helps reduce risk through answering three key questions:

1. Does the account exist?
2. Does the consumer have rights to this account?
3. Is the account in good standing?

Using FIS Account Ownership, you can segment your customers based upon funding risk and know when to offer alternative funds transfer options, resulting in:

• Fewer ACH failures
• Fewer exceptions to process
• Reduced cost associated with fraudulent ACH funds transfers

FIS Account Ownership can be easily deployed for new account openings, account-to-account funds transfers, prepaid solutions, credit card payments and cash disbursements. Coupled with flexible delivery options and low cost of ownership, Account Ownership is one of the easiest ways to start reducing risk in ACH transfers.