Remove Account Validation Remove ACH Network Remove API
article thumbnail

Phixius by Nacha Partners With ValidiFI to Enhance Account Validation Coverage

Fintech Finance

This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality. “Phixius connects payment validation requestors to responders. This provides the connective tissue to address critical coverage gaps in validating U.S.

Phixius 52
article thumbnail

Important NACHA Changes: Account Validation

Payment Savvy

This accounts for close to 82% of all U.S NACHA worries this high volume of transactions on the ACH network opens the way for fraud. As such, they are pushing for more robust controls against fraud, and one of them is this new rule that requires account validation. Account Validation Approaches.