Kansas City, Missouri – July 31, 2019: Card Compliant unveiled new features of its OptiFor and OptiEarnings solutions designed to forecast breakage on heavily reloaded prepaid card programs. These new features will primarily support programs with repeated reloads by cardholders, such as loyalty programs. The new features forecast breakage in these programs , and simultaneously apply derecognition accounting techniques to generate breakage revenue from the stale prepaid cards in such programs.
About Card Compliant:
Card Compliant provides technology driven services along with artificial intelligent technologies to address regulatory, legal and accounting compliance challenges in high data business environments. The company’s technologies apply derecognition accounting techniques to large portfolios of instruments via GAAP set by the Financial Accounting Standards Board and IFRS set by the International Accounting Standards Board. For more information visit www.cardcompliant.com.