Introducing a New Sponsored Business Service
Regulators’ expectations of the support financial institutions provide to their business customers have evolved but one thing that has
remained consistent: It is the FI’s responsibility to keep their customers informed and compliant with rules and regulations.
Auditors and regulators often ask: “What tools are you using to keep your business customers informed and compliant?”
@WesPay provides FIs with an opportunity to sponsor some or all originators
and/or RDC business customers into a new sponsored service. Subscribing to
@WesPay is an investment in your customers that will benefit your institution
and enhance your relationship with your customers, auditors, and regulators.
WesPay will provide each of your sponsored businesses with:
- Annual access to the Nacha Operating Rules & Guidelines
Online Resource, which is delivered mid-January
- Annual Rules Update Letter (co-branded with Client),
- Unlimited telephone and email access to the WesPay
- WesPay Webcasts (pre-recorded training) at member
- Periodic Fraud Alerts applicable to businesses
- Regular informational communications delivered primarily
You will receive activity reports and information you need to provide to auditors and
regulators that support your compliance business goals.
An expanded option provides access to compliance Self-Assessments that drill
down on specific rules compliance, adding an extra layer of assurance that your
customers are not only understanding the rules but applying them based on their
actual operating environment.
Demos are available upon request.