by Michael Cohen | Oct 18, 2023
LexAlign modules are charged separately and not until implementation is complete. If RDC is implemented first, the Security module is not charged until it has completed its own implementation process.
by Michael Cohen | Oct 18, 2023
The RDC and Security modules are sold as a bundle. A Security assessment is a required component to create a complete solution for RDC. The LexAlign Security module was created as a standalone module for these reasons: It applies to all treasury customers, not just...
by Michael Cohen | Oct 18, 2023
If the bank is primarily focused on RDC, they should launch the LexAlign Diagnostic for RDC first. We suggest launching the LexAlign Diagnostic for Security for each Cohort a minimum of 6 weeks after RDC. If the bank is primarily focused on ACH customers, they would...
by Michael Cohen | Oct 16, 2023
It’s still early days but the response so far from users, test users, and other institutions has been positive. One of our test users (a bank customer) said in connection with an earlier version of our current Security Diagnostic,...
by Michael Cohen | Oct 15, 2023
Yes, the Security for Electronic Banking can apply to all treasury customers. It can be used for commercial customer on-boarding as well as ACH Part 1.
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