GrailPay Raises $6.7M Seed to Build Risk Infrastructure for the $86T ACH Payment Market
Briefly

GrailPay is introducing a modern intelligence platform aimed at enhancing the security and efficiency of ACH payments, which accounted for over $86 trillion in transactions last year. Despite their pivotal role, bank payments lack the advanced risk management solutions found in credit card transactions, leading to risks like fraud and operational failures. GrailPay's platform utilizes predictive analytics to monitor risks throughout the ACH lifecycle, enabling businesses to make informed decisions and automate processes. The company recently secured $6.7 million in seed funding to expand its services and reach.
GrailPay's intelligence platform is designed to detect and prevent risks within the ACH payment lifecycle, offering predictive analytics for improved decision-making.
With over $86 trillion in ACH payments processed last year, the need for modern risk management tools has never been more critical.
Read at Alleywatch
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