With over 27,000 address changes and 6,600 addresses added to the USPS network each day*, undeliverable as addressed mail is a significant cause for concern in the Financial Services industry.

When mail such as account statements, credit card offers, or regulatory notices fails to reach the intended recipient, companies are vulnerable, as failure to maintain accurate customer address records risks company non-compliance with regulations such as the Gramm-Leach-Bliley Act (GLBA), potentially leading to penalties and reputational damage.

Undeliverable mail further exposes Financial and Insurance companies to the risk of fraud and identity theft, along with delayed customer payments, lost revenue, and public mistrust.

PreSmart Solutions offers a proactive, data-driven strategy for managing undeliverable mail, reducing costs, and improving client experience by providing an address remediation tool accessible right from your desktop… before mailing. PreSmart’s platform addresses the unique challenges financial services companies face in two key areas of communication: Critical Regulated Documents (First Class Mail) and Marketing or Acquisition (Standard Mail).

In addition, our PreSmart ResolvePlus^TM module automatically applies advanced logic to accurately identify house numbers, suffixes, directional information, and secondary units from incorrect or misaligned input data. For addresses that are flagged as undeliverable even after parsing and reprocessing, we apply intelligent pattern-based matching, a technique that identifies likely street name corrections by comparing similar spellings and patterns within the same ZIP code.

• Banks
• Credit Unions
• Credit Card Providers
• Insurance Providers
• Life & Annuity
• Property Casualty