Case Study: Pathward Financial Inc. achieves proactive risk mitigation and operational efficiency with Precisely

Enhancing Risk Mitigation by Reducing Threats

Pathward Financial Inc., a Sioux Falls–based provider of prepaid, credit, debit and emerging payments and a major ATM sponsor, needed to proactively identify and mitigate information risks across its partner file exchange and ACH reconciliation processes. Facing challenges such as detecting duplicate and missing files, ensuring SLA compliance, and improving operational integrity and partner trust, Pathward selected Precisely’s data quality solution to automate analysis and controls.

Precisely implemented an automated control and visibility platform to capture diverse file types, verify content and reasonability, reconcile transactions, track timeliness, and alert on exceptions. The deployment delivered early detection of missing/duplicate files and transaction errors (avoiding reprocessing costs), reduced manual reconciliation effort and cycle time, supported SAS 70/SSAE 16 audit requirements, improved SLA performance and partner trust, and produced operational insights for broader enterprise rollout.

Pathward Financial Inc.