DALLAS and SCOTTSDALE, Ariz., Aug. 23, 2016 /PRNewswire/ -- GIACT Systems today announced it has broadened its offering of Early Warning's solutions. GIACT will now leverage Early Warning's Real-time Deposit Chek® Service to enhance its verification products. This enhancement will provide additional proactive account verification capabilities for small and medium-sized financial institutions.
GIACT's offering of Early Warning's solutions will enable financial institutions to make better funds availability decisions, as well as to protect their customers and their institution from returns or scams. Leveraging GIACT's position as a leader in payment risk management solutions and Early Warning's fraud protection and risk management expertise, GIACT will be able to provide proactive protection, improved coverage and account verification for small and medium-sized financial institutions.
"GIACT is focused on helping financial institutions optimize the banking experience for their customers while mitigating payment risk and fraud," said Melissa Brown, chief executive officer, GIACT. "For example, banks need services like ours that work smoothly across all channels - branch, ATM, lockbox, and mobile - to improve confidence and reduce risk. That is precisely why we included Early Warning's capabilities in our offering."
"Early Warning is focused on creating payment experiences while protecting the financial system," said David Barnhardt, vice president of product management, payments, Early Warning. "By leveraging cross-industry data, GIACT's customers are now able to cross-check all payments and deposits they receive. This proactive measure is the first step in further protecting small to medium sized financial institutions."
In addition to Real-time Deposit Chek Service, GIACT also offers Early Warning's Real-time Payment Chek® Service with Account Owner Authentication to support merchants and billers in verifying account information.
GIACT™ has been helping companies verify valued customers since 2004. From financial to insurance, to retail, to solutions for your industry, GIACT offers customer intelligence for complete payment confidence. As the leader in providing real-time data to help companies mitigate payment risk and fraud, our OFAC screening, ID verification, account verification and authentication, and mobile verification solutions enable you to focus on providing unmatched customer experiences. Since our founding, we've processed billions of transactions for our more than 1,000 customers. For more information, visit www.giact.com or call 1-866-918-2409. Follow us on LinkedIn and Twitter.
About Early Warning
Early Warning is creating the future of payments by delivering innovative payment and risk solutions to financial institutions nationwide. For over 25 years, Early Warning has been a leader in financial technology that protects and advances the global financial system.
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SOURCE GIACT Systems