We can support this functionality by enabling users to change the account number after the initial accounting call has failed.

All accounting adjustments are done via real-time API call. Depending on how the accounting was triggered, it can take a few minutes to kick off.

Execute Accounting Flow

By default, once a daily at the end of the business day.

For Visa and PLUS networks transactions, any documentation included with the dispute response is automatically uploaded to the claim. Documents are visible in the Attachments section of the Case Assets and within

Paper letters are sent via SFTP. Each file export will include a metadata file with a list of letters included, which should be used for reconciliation. Additionally, there is a report in the Report hub within QFD called, “Outbound Correspondence” that shows all communication sent.

https://quavo-inc.atlassian.net/wiki/x/XLdRF

Clients can configure the header, greeting, footer, closing, and branding elements within standard letters.

Quavo’s standard, default letters comply with Consumer Financial Protection Bureau (CFPB) requirements. Increasingly, the CFPB has taken active interest in defining the language used in consumer letters. Phrases like, “requested,” “required,” and “you have the right to,” are now specifically defined in these regulatory guidelines. As regulations evolve, Quavo immediately updates our letters with the necessary changes.

The letter package does not change based on card or non-card disputes. Both ACH and card disputes are considered electronic fund transfers (EFTs) by Regulation E and are governed under the same laws enforced by the CFPB.

Foreign exchange fees and fees that are tied to a transaction with a 1:1 match are automated. Others fees, including fees that cannot be 1:1 matched to a transaction, will need to be entered manually.

https://quavo-inc.atlassian.net/wiki/x/R6FRF

QFD supports claim submission on closed claims, however, some APIs and Core Banking prevent this function, such as Jack Henry Symitar.

Any dispute covered by Regulation E would be sent through the interest adjustment flow if the account is interest-bearing. Interest-bearing accounts are identified by the Core system, such as Silverlake’s “IntBearAccnt” field.

Automated recovery applies to disputed transactions made on the Mastercard, Visa, Pulse, and PLUS networks.

Recovery

If a recovery is successful, QFD will automatically send the paid letter.

https://quavo-inc.atlassian.net/wiki/x/YixSF

We use U.S. East N. Virginia as our primary zone, and U.S. W. Oregon as our secondary zone.

In the Administrator (Admin) Portal, there is a report called, “Operators by Access Group” which will identify who has made changes to a user.

ACH claims are always given Regulation E protection, regardless of transaction age or the span of transactions included on the claim. Under § 1005.6(b)(3), consumers are protected for the first statement, plus 60 days, and can be held liable for any subsequent transactions. Even still, § 1005.6(b)(4) required that timeframe be extended for “extenuating circumstances” though no definition is provided. Since QFD is unable to determine a cause for delay, all transactions are considered protected. There are configuration settings that can be modified to ensure some automation is stopped on aged transactions, however, if a user fails to take action by Reg45, QFD will resolve the claim and send a paid letter to the account holder.

The transaction information is passed to QFD via Silverlake. Aside from the standard transaction information, QFD is currently set to map the below details:

1. Company ID

2. SEC Code

3. Company Name

Manual enrichment is required to include the Trace Number, which is not passed by Jack Henry Silverlake.

Card number, date, and ARN if provided. Once the dispute has completed enrichment, we use only the Case Number.

While DRE does not offer intake as part of the offering today, we can satisfy the request by partnering with TaskUs and having them do the front-office call center staffing and intake and DRE can handle the backend processing.