Laru

First Data signed a referral agreement with Laru Crop to provide its FundsXpress business online banking customers with enhanced automated clearing house (ACH) fraud prevention solution helping thus more easily comply with new industry requirements.

Laru creates ACH risk management, compliance and fraud detection and prevention applications for financial institutions. With the long-term, renewable agreement First Data takes to a higher level its business online banking risk management capabilities, making another layer of protection available through Laru's ACH Clarity product.