by Michael Cohen | Oct 18, 2023
The LexAlign solution is sold as a bundle and includes all LexAlign modules. The LexAlign Security module was created as a standalone module for these reasons: It applies to all treasury customers, not just RDC. The person completing the Security Assessment is...
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 Originators, 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
Our bundle pricing includes all LexAlign Diagnostic Modules. A bank can choose to implement only certain modules if they so choose.
by Michael Cohen | Oct 13, 2023
Part 2 of the annual ACH audit assesses and helps the customer with adherence to the Rules on, among other things, the appropriate use of SEC (Standard Entry Class) codes, transaction accuracy, and third-party notices, authorizations, and...
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