Chex Systems Partner With MicroBilt

Monday 26 April 2004 06:56 CET | News

eFunds subsidiary Chex Systems has entered into a reseller and acquirer partnership with MicroBilt.

Under the agreement, financial services providers will be able to use ChexSytems advanced identity verification and risk management services through, MicroBilts premier financial services site, or integrate into an in-house system or application using MicroBilts System Integration Tool Kit. ChexSystems account verification services are installed in more than 95,000 financial service provider locations. The Chex and MicroBilt partnership is designed to further penetrate the market. ChexSystems services is a comprehensive account opening solution that helps financial services providers identify applicants whose accounts have been closed for cause and who may pose a risk for account abuse. Complementing ChexSystems(SM), Chex offers additional solutions that help financial services providers improve risk assessment by identifying and stopping potential identity manipulation and fraud in transaction accounts, a comprehensive suite of proven DDA loss recovery services, debit reporting services for credit issuers to augment credit information with a consumers debit history, as well as a complete identity verification module that specifically helps non-DDA financial organizations gain compliance with Section 326 of the USA Patriot Act.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce