ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps
FICO
JULY 28, 2021
NACHA, the payments clearing house through which ACH transactions flow, reported a banner year in 2020, posting an 8.2% increase in volume and a 10.8% Additionally, ACH internet transactions rose 15% from 2019 to 2020. As it happens, 2020 was a banner year for ACH fraud, too. Trial and micro deposits of just a few cents.
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