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Laru Launches New ACH Application Versions

Thursday, January 08, 2009 5:02:00 AM PDT | VentureDeal Staff

Folsom, California  --  Software company Laru Corporation announced new versions of its risk and compliance management software applications for financial institutions.

It's ACH Clarity system helps enterprises identify, resolve and prevent ACH fraud and improve their compliance operations. The company launched a software as a service version in 2008.

The company's ACH FileFox Standard system allows businesses to "originate federally compliant ACH files and verify all business rules, data formats and report issues prior to submission."

“During the turbulent state of our economy, it is rewarding to know that Laru is still making a difference in ACH risk and compliance management and continuing to improve upon the products and services that we offer financial institutions,” said Rajiv Donde, president of Laru.

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