Originally Posted by WTS - Ben

Authentication and Fraud Prevention ?

WTS provides our TOAST authentication and fraud system as part of our service to our clients. We started doing this in 2005, well before the NACHA rule on charge-back ratios, so you are mistaken.

It is not SSN or Drivers License dependent, although these can be used.

This is also part of our service, so it is not an expense to the merchant.

All forms of fraud prevention and many network rules, including negative databases, credit checks, email verification, CVV, AVS, etc., are impediments to throughput. Processors do what they do to balance throughput against risk.


ACH Network Rules ?

The ACH Rules state that the Originator (processor) must authenticate the identity of the Receiver (consumer). This rule has been in effect since 2004.

We don?t know what others do, but one of our objectives is compliance with the Network rules. The methods we implement are in part what we have chosen in order to meet this goal.