Remove 2009 Remove ACH Processing Remove ODFI
article thumbnail

Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

In 2009, it was 14 percent higher than levels seen the previous year. One of the potential difficulties that Same Day ACH implementation poses for FIs relates to how they control their sensitive data, Rojas said. ODFI focuses on the origination of transactions, while RDFI concentrates on receiving transactions.