PREVENT ERRORS, HIGHLIGHT FRAUD
Automated banking is rapidly increasing - are you ready? Payments made by direct debit will more than double over the next 10 years and credit card continues to be a major payment method for Internet
transactions. Yet just one sort-code error or one digit wrong in a credit card number results in rejected transactions and declined payments. BankFinder Internet uses sophisticated checks to prevent these errors and highlight potential fraud attempts while speeding up data entry to web forms.
An affordable and valuable tool BankFinder Internet is an important component to
organisations seeking to satisfy BACS criteria for Paperless Direct Debits. Implemented on the web, the result is better customer service, sound financial administration,
improved accuracy, lower reject rates and lower costs.
BUSINESS BENEFITS?
- Bank, Account and Card details checked on entry to web forms
- Makes sophisticated checks affordable to almost any organisation
- Cut cost of delayed processing (up to £20 per delayed form)
- Avoid losses from Direct Debits and Cards that can never be processed
- Highlight Potential Fraud
- Speed up collection of bank related data for financial transactions
- Improve customer service
FEATURES
- Integrate with "Paperless Direct Debit" Systems
- Enable quick, accurate completion of user payment details to web forms
- Check account number validity for bank branch "live"
- Identify card type (eg. visa, amex, switch)
- Normalise account numbers to 8 digits
- Check sort code exists and is 'live'
- Identify and correct errors in bank details
- Reverse Search from street & town, STD code, partial postcode or county.
- Advanced Searches include sounds like, ends with and wild card replacement
of hard to read characters.
DATA
Data is sourced directly from BACS and other sources. All address are verified
against Royal Mail PAF
Bank data
| Bank
Status (ie active) |
Branch
Name |
Supervisory |
| Sort
Code |
Branch
Title |
Main
Branch |
| Sort
Code Suffix |
Location |
Branch
Type |
| Bank
BIC |
Owner
Bank |
Full
Postal Address |
| Branch
BIC |
Central
Bank |
|
Data BACS, CHAPS £/€, C&CCC
| Status
(BACS, CHAPS £/€, C&CCC) |
Handling
Bank (BACS) |
Routing
Bank (CHAPS) |
| Last
Change (BACS, CHAPS £/€, C&CCC) |
Stream
(BACS) |
Return
(CHAPS) |
| Closed
Clearing (BACS, CHAPS £&€, C&CCC) |
Transactions
Allowed (check list) (BACS) |
Branch
(CHAPS) |
| Settlement
Bank Detail (BACS, CHAPS £/€, C&CCC) |
Account
Numbered Flag (BACS) |
Debit
Agency (C&CCC) |
| Redirected
from / to (BACS) |
DDI
Voucher Required Flag (BACS) |
Return
Indicator (C&CCC) |
SYSTEM REQUIREMENTS
- Windows 95/98/ME or Windows NT or Windows 2000 (recommended) with 25Mb disk space, min 64Mb RAM, TCP/IP Network services and Internet connection.
BankFinder Internet is an ActiveX requires IIS v4 (or later) or Apache on a Windows Platform for WWW implementation. Hosted using an ActiveX dll supporting scripting language (e.g. ASP, PHP, or ColdFusion) or a custom built application.
PRICES
BankFinder Internet is the fastest way to validate and enter bank details to web forms and is available at just £160 (inc VAT) per month with regular updates under the POP scheme, or £1500 + VAT. Price details for multi-users, renewals and data updates available on request. BankFinder Internet includes includes a data license for one computer, renewable annually serving web sites for a single legal entity.
ANNUAL PAYMENT
| Description |
No of
Users |
Year 1
Price |
Annual
Renewal |
| BankFinder
Internet |
1 |
£ 1500 |
£ 950 |
| |
Additional |
£ 750 |
£ 500 |
Data Updates |
£30 per quarter or - save £30 when you buy 3 quarters for the price of 2 at just £60 (a monthly update service via email is also available
optionally please ask for details) |
All prices exclude VAT, chargeable at 17.5% for sales in the UK. Orders from outside the UK are responsible for local taxes. Monthly Payment Option available.
| A single user BankFinder Internet license includes a data license for one web server
serving web sites for a single legal entity. Use on multiple computers, or on a single computer for
multiple companies or organisations, will require 'Additional' licenses as detailed above. For non-internet use, please see BankFinder |
|
Annual Renewal includes new Program Update, New Data Set,
one year
Data License and full technical support service.
|
|
