AccountSwitch makes it easy for consumers or small businesses to switch electronic transactions from one financial institution to another. AccountSwitch uses Intuit's data consolidation technologies to collect detailed bill pay data, direct ACH debits, and EFT deposits. AccountSwitch then moves the bill payees and payments to your financial institution's bill pay system and provides the user choices for the direct ACH debits and EFT deposits.

Key advantages

	Leverages the same high-quality OFX data that Quicken and QuickBooks use.
	Built on CustomerCentral, deployed at some of the largest FSPs in the US.
	Monitors the old checking account to insure the transactions get moved.

Benefits to your customers

AccountSwitch makes it easy for your customers to switch their electronic transactions from their old checking account to their new checking account.

	Convenience: Automatically moves bill payees and payments from old to the new account.
	Protection: Minimizes the risk of duplicate payments for the customer.
	Speed: Significantly reduces the time to move electronic payments.

Benefits to Financial Service Providers

	Speed to use: Speeds the customer's use of the checking account.
	Reduce old account inertia: Reduce the customer's old account inertia by removing the barriers to switch.
	Easy implementation: CustomerCentral provides easy integration points, including the "on us" data and a secure and seamless Web front end. CustomerCentral is 100% Java, leveraging the commercial and open source application servers for reliability, scalability, and management.

Detailed information

Consolidates balance, transaction, and bill pay information from more than 4,000 institutions, leveraging the identical OFX data as the customer's Quicken or QuickBooks software.

	Consolidates payees, payment models and pending payments.
	Identifies direct ach debits and electronic deposits.
	Provides alerts for ongoing old account transactions.
	With integration into FSP bill pay system can enroll old payees and payment models.
	CSR view of client data.
	Key CSR and administrator reporting features and functions: End-user activity by date range or discrete download, including errors. Modifiable logging level by user or partner (for multi-bank implementations). Extensive and configurable logging and reporting.
	Built on the CustomerCentral Enterprise server, which provides key infrastructure for the application, including: Hardware Security Module (HSM) for FIPS 140 level 3 encryption support, the same as ATM PINs. Flexible integration methods, including an XML interface or JSP pages, with every page being an entry point into the application. Consolidated administrative interface with extensive logging and reporting. An optional and extensive data warehouse as a stand-in data source or middleware.