Will Same Day ACH Rollout Spark A Fraud Spike?
PYMNTS
SEPTEMBER 9, 2016
In 2009, it was 14 percent higher than levels seen the previous year. Of the 420-plus customers, Rojas said about 140 are currently using one of the company’s two ACH products, dubbed ACH-ODFI and ACH-RDFI. ODFI focuses on the origination of transactions, while RDFI concentrates on receiving transactions. Risky Business.
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