Laru Corporation Revenue and Competitors

Laru Corporation is a provider of advanced software-based risk management tools for the ACH risk and compliance industry. The Company’s proprietary solutions offer a fully automated, web-based platform upon which banks, credit unions, and other major financial instituions can rapidly identify, resolve and prevent costly ACH fraud and network violations. The Company’s products represent a major milestone in high-volume ACH transaction processing analytics for originating and recipient financial institutions. Domestic ACH origination volumes have been doubling every five years, resulting in a near geometric growth in ACH fraud and network violations. The scale of the problem is expected to continue multiplying at the current double-digit growth rates as nearly 2,000 financial institutions originate and another 15,000 recipient institutions participate in more than 15 billion transactions annually with an aggregate value of more than $30 trillion.