Quatrro Processing Services announces partnership with Mastercard for Transaction Processing Services

ACH Fraud Prevention – Finding A Needle In The Haystack

According to the NACHA website, Automated Clearing House (ACH) network has grown by 5.7 % in the 3rd Quarter 2016 compared to 2015. Approximately 5.11 Billion transactions have taken place during the period amounting to approximately $11 Trillion. ACH fraud never ceases to amaze financial institutions because of the rapidly growing ACH transactions.

The FBI and industry estimates state that ACH fraud amounted to approximately $1 Billion1 in 2016 which however doesn’t sound very alarming if compared to other fraud types. Irrespective of its low-intensity impact, it is projected as a sleeping giant that may grow to an alarming extent in the future. The shift to same day ACH is fuelling the propensity for fraud.

24x7 Quatrro Research Desk – An Efficient Way to Stay Ahead of Fraud Curve

ACH fraud typically originates from data theft involving customer’s vital information. Scammers carry out data security breach via malware and thus facilitate the transfer or payment requests in an unauthorized manner. To help you out of the glitch, a well-structured research helpdesk at Quatrro proactively analyzes emerging fraud trends and malicious strategies of scammers for effective fraud prevention.

A Synergy of Human Intervention + Machine Intelligence – Perfect Antidote for Fraud

Quatrro Processing Services has been offering its clients with the modern and highly evolved fraud mitigation solution for preventing ACH fraud. Quatrro’s ACH fraud prevention solution is tailor-made with a combination of human intervention and machine intelligence to help you in safeguarding your accounts from unauthorized ACH debits and credits. Quatrro’s cross-trained fraud prevention analysts available 24*7*365 inclusive of holidays and weekends provide real-time transaction monitoring to block all fraudulent transactions.