Reconciliation

• A simple, quick and automated functionality to improve accuracy of processing the financial transactions through all types of delivery channels (like ATM, POS, Ecommerce, Mobile Banking etc.)
• Matching and processing unstructured data retrieved from delivery channels, switches, interchanges and internal systems of bank/institution.

Highlights

• Centralized reconciliation
  A centralized reconciliation for all financial transactions giving a single view to the bank/institution.
• Multi-institution and Multi-level
  Supports multiple international and domestic networks in multiple formats.
• Fully Automated
  Facilitates fast-paced, reliable process with near zero discrepancies.
• Alerts
  Immediate alerts to appropriate authority in case link goes down which helps in retaining nearly uninterrupted service to customers.
• Suspected logs
  Reports on failed disbursements, erroneous account debits or any such discrepancies are availed for checking and settlement.
• Reports
  Easy extraction of reports on cash replenishment, individual ATM transactions, individual network transactions, etc.
• Dispute Management Support
  Suggestions on applicable actions that can be taken on disputed transactions as per pre-programmed norms.
• Integration of additional services
  Provision of integrating services like auto-debit of card/service charges from the customer accounts, etc.