Payments Services

Risk Management

The Clearing House offers a number of services that can help your organization manage ACH risk.

  • Universal Payment Identification Code (UPIC) is a unique account identifier issued by financial institutions that allows organizations to receive electronic payments without divulging confidential banking information. Read More 

  • OFAC Screening Service is the industry’s only centralized database for screening cross-border ACH transactions safely, securely and cost-effectively.

  • Fraud Detection Services (ODFI and RDFI) identifies patterns of misuse of the ACH system and provide proactive and reactive warnings of suspicious activity.

  • Credit and Debit Origination Controls limits exposure to settlement, systemic and operational risk.

Contact us for more information about our comprehensive ACH risk management services.