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In reference to methodology, NACHA’s survey extended across January and February, with 22 of the largest 25 ACHoriginating institutions responding. Financial institutions see the value in providing new, faster payment options to their customers with certainty and surety, and Same Day ACH allows them to do that in 2016,” Janet O.
Challenges and solutions continue to emerge surrounding NACHA’s recent move toward establishing Same Day ACH payments, which are due to arrive as soon as September 2016. Crossing that chasm is a function of making sure that the value is there for both the receiving and originating banks, and that the economic proposition makes sense.
In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however. billion in losses linked to fraud in 2016 and a 16 percent increase from 2014 levels. ”
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