Innovative and consumer friendly products generate non-interest fee income and increase core deposits.
Our solutions help your institution grow by attracting and retaining new account holders.
Powerful, yet user-friendly software applications simplify all aspects of administering our programs.
IMPACT offers full contractual indemnification against regulatory issues relating to the Overdraft Privilege.
IFS Announces New Revenue Enhancement Product
Unprecedented changes in Regulation E requiring opt-in consent for ATM and Debit Card overdraft transactions are driving financial institutions to look for innovative ways to recoup the loss of fee income resulting from those changes. According to a recent FDIC Study, POS and ATM transactions make up 48.8% of all overdraft transactions. "Card Cash®" is an exciting new product that can help your financial institution replace that lost income.
Learn More
How Will Your Overdraft Program Hold Up Against the Final Guidance?
On November 24, 2010 the FDIC released its Financial Institution Letter, FIL-81-2010, Overdraft Payment Programs and Consumer Protection Final Overdraft Supervisory Guidance.
IMPACT Financial Services has always taken a proactive approach to balance consumer and bank protection. As a result, IMPACT Overdraft Solutions (IOS) already addresses the majority of the actions recommended by the FDIC.
Overdraft management solutions is our primary business and we focus our resources to ensure that we offer the best, the safest, and the soundest overdraft program in the industry. And we back it all up with our compliance guarantee.
We are on top of it, so why not update and automate your overdraft program with a system that is guaranteed to meet FDIC guidance? Learn More
