No one could have predicted that we’d be hitting the one-year mark for social distancing, remote work and stay at home orders. Lenders across the country have had to completely update their business models to account for contactless operations and remote work.
Most people don't want to download yet another native app on their phone to do business with your company. Instead, consider the benefits of responsive web apps.
To further combat online fraud, Nacha (the National Automated Clearing House Association) has changed the compliance standards for routing number and checking account verification for ACH (automated clearing house) debit transactions made over the Internet (WEB debits).