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), delivered late-January
  • Unlimited telephone and email access to the WesPay Payments Hotline
  • WesPay Webcasts (pre-recorded training) at member discounted pricing
  • Periodic Fraud Alerts applicable to businesses
  • Regular informational communications delivered primarily via email

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.

Contact WesPay Member Services to sign up today!