Remove 2016 Remove ACH Origination Remove Volume
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Speeding Along To Same Day ACH Payments

PYMNTS

In reference to methodology, NACHA’s survey extended across January and February, with 22 of the largest 25 ACH originating 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.

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With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

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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.