Achieving Nacha and PCI Compliance in Just Three Weeks
A large community college in California needed a new payments provider that could deliver the new Nacha (National Automated Clearing House Association) account validation requirements to maintain compliance while minimizing disruption to their business operations.
They selected ACI Speedpay to meet its payment, compliance and back-end processing optimization needs. Not only could ACI Speedpay meet their immediate compliance needs, but it is pre-integrated with Anthology, Ellucian and Oracle Systems and supports more than 400 colleges and universities. The ACI Speedpay solution enables a wide variety of digital payments and effective back-office funding and settlement options.
“ACI took the time to understand our payment challenges and brought solutions to us that really improved our payments experience.”
avp of it, Large California Community College
“It was important to work with a payments provider that understands our challenges. ACI was able to speed up our procurement process through our relationship with the Foundation for California Community Colleges and they brought knowledgeable people to the project to ensure a quick and smooth implementation process.”
avp of it, Large California Community College
The Challenge
Large California Community College’s existing payments solution was unable to meet Nacha’s impending account validation requirements
As a result, they would soon be out of compliance with Nacha’s merchant ACH security requirements and needed to quickly switch to a payments provider that could integrate seamlessly into their Ellucian SIS
The Solution
They selected ACI Speedpay to meet their payment, compliance and back-end processing optimization needs
ACI Speedpay enables a wide variety of digital payments and better back-office funding and settlement options
ACI’s 20+ year partnership with Ellucian and deep knowledge of the higher education space helped facilitate a smooth implementation
The Results
Implementation time took only three weeks with minimal impact to their resources
ACI partnered with Doctums Global to facilitate a streamlined onboarding experience and a 75% reduction in implementation time
A time consuming RFP process was eliminated due to a pre-negotiated pricing agreement approved by the Foundation for California Community Colleges
