In what order should banks launch the LexAlign Diagnostics?

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...

Why should banks start with the LexAlign Security Module?

Bank deposits aren’t secure unless your bank customers are secure. We’ve spoken to a number of banks who are interested in the ability to automate ACH audits for their commercial customers.  Security is crucial for all commercial customers but especially those...

What did Nacha say about the LexAlign Security Module?

In our Nacha conversations, we heard that assessing the customer for IT and information security is a required part of the annual audit.  This is not trivial, as it’s gaps in your customers’ security that fraudsters are exploiting in the extraordinary explosion...