Unlock Instant ACH and reduce return risk
Signal

Unlock Instant ACH and reduce return risk

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Product Features
Predict return risk

Enhance your risk program with two predictive scores that indicate the likelihood of an ACH return

Increase model precision

Further refine your risk model with 80 attributes that explain the “why” behind the score

Optimize payment flows

Create dynamic payment flows with tiers designed for customized responses to each level of risk

Plug into Signal to create a smarter, safer ACH ecosystem

At Plaid, we are obsessed with unlocking financial freedom for all consumers and enhancing their experience in digital financial services. That’s why we’re building a smarter, safer ACH ecosystem with solutions like Signal.

Built on the industry’s leading consumer-permissioned open banking network, Signal uses advanced machine learning to create highly accurate, custom transaction risk assessments–helping you confidently manage risk, improve transaction success, and collectively reduce fraud.

Join today’s leading banking, wealth, and payments companies and plug into Signal to unlock near-instant ACH payments–all while protecting your bottom line.

Benefits

Unlock Instant ACH

Customize your payment flows and move money faster for low-risk transactions.

Uphold used Signal to speed up 96% of funding events with only 1% increase in returns.

With Signal, it’s easy to customize your solution and accelerate your transactions with minimal impact to your overall risk profile. 

Benefits

Manage return rates with increased precision

Your bottom line matters to us.

With better-managed return rates and increased precision, a leading prepaid debit card provider decreased their return rates by more than 75%.

Insights and visualizations make it easier to optimize your configuration to meet your risk tolerance and goals, reduce your exposure to fines, and help prevent losses.

Benefits

Activate users in real time 

Don’t let return risk slow down your user experience and growth. 

With Plaid’s Signal and Account Verification, a popular investment platform moved new users from sign-up to their first trade in less than 90 seconds.

Guarantee new users a best-in-class funding experience, boost acquisition and retention rates, and grow your customer’s lifetime value. 

Make better risk decisions to enhance your mitigation strategy

Returns are complicated. To simplify, Plaid organizes our scores into two categories:

A “bank-initiated” score predicts the likelihood of returns initiated by financial institutions. These returns are the most prevalent, capturing insufficient funds and other administrative returns.

A “customer-initiated” score predicts the likelihood of returns initiated by users. These returns are rare, yet still risky – capturing unauthorized transactions and other fraudulent activities that greatly impact your bottom line.

Integrate in hours, not weeks

It takes time to build risk logic. With Signal Rules Service, you can streamline the process with pre-built risk rules powered by Plaid Signal’s scores and attributes. Analyze transactions, lower the risk of ACH returns, and save valuable resources with our no-code user interface that makes it easy to modify or customize your own rules.

Looking for even more ways to optimize your risk strategy? Use our built-in backtesting to analyze your past performance and identify areas for improvement.

Holistic Solution

Safer, faster, and smarter bank payments

Link and related products enable your users to securely connect their financial accounts in as little as seven seconds. Your users can simply authenticate their account to permission their data, initiate a payment, and they’re good to go.

With increased performance and precision with Signal, you can upgrade your user experience to boost conversion rates by unlocking faster, or even instant access to funds for low risk transactions.

The solution ensures ACH is a viable rail for your business and users – saving you time and money. It's a win-win.

Plaid Signal provides unique data for risk assessment so we can make smarter, faster decisions. Now, more Uphold users can trade instantly without having to wait the normal four-day settlement period for ACH deposits—a game changer.
Christopher Adjei-Ampofo, Chief Information Officer at Uphold
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How can Signal enhance your risk program?

Our Sales team can help you configure the right solution. Contact us and we’ll get in touch shortly.

Plaid is neither a “consumer reporting agency” nor a “furnisher” of information to consumer reporting agencies, and Signal provided by Plaid is not a “consumer report,” as those terms are defined in the Fair Credit Reporting Act (“FCRA”), 15 USC 1681 et seq., its implementing regulations, and relevant state consumer reporting laws and regulations. Signal may not be used in whole or in part as a factor in determining a consumer's eligibility for credit, insurance, employment, or any other permissible purpose under the FCRA.

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