New ACH onboarding solution launched by Fiserv.

• Position: Brief article

The new Commercial OnBoarding ACH solution from Fiserv Inc. is designed to simplify the new corporate customer set-up process within a financial institution's payment processing systems and make it more efficient, cost-effective and reliable.

Designed with Web 2.0 technology, the product provides provides seamless integration with external systems to receive and feed customer data files to internal Automated Clearing House (ACH) systems, the company says. In addition, the solution provides management control over all data input with dual approval over operator-entered data. The product controls workflow sequence to ensure that all processes related to initial customer set-up through testing are...