Account Qualification for Interest Benefits image

Account Qualification for Interest Benefits

By Fiserv

The Account Qualification application analyzes account activity and updates account-level fields to indicate whether the account meets the qualifications. The account-level fields may be used by other applications to apply benefits to qualified accounts.

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Meta information

Platform

DNA

Category

Apps By Fiserv

Overview

The Account Qualification application analyzes account activity and updates account-level fields to indicate whether the account meets the qualifications. The account-level fields may be used by other applications to apply benefits to qualified accounts. The institution may use all or some of the following qualifying factors:

  • Direct Deposit or Bill Payment activity
  • Mobile Deposit activity
  • Debit Card Transaction activity
  • Electronic Statement enrollment
  • Web Banking usage/enrollment
  • Average Daily Balance

 

This application qualifies based on single account activity/balances only, but interest benefits may be extended to a related savings account. For interest benefits, this application must be used together with PS_INT_REACCRUAL. PS_INT_REACCRUAL is a separate billable add-on module that may be purchased by opening a Service Point case and requesting a quote.

 

Benefits:

This application can aid in account retention by providing an automated process for administering rewards programs. 

App Information

Version
1.0.0.6 - Published March 2024
Developer Website

Specs

DNAapp Type: New Batch Application

Developed with DNAcreator™

Technical Name - PS_QUALIFIER

DNAX File Name: PS_QUALIFIER.dnax