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Nacha announced that Visa , a world leader in digital payments, has joined its Preferred Partner Program for ACH Experience, Open Banking and AccountValidation. We are pleased to welcome Visa as a Nacha Preferred Partner,” said Jane Larimer, President and CEO of Nacha.
Starting March 19, 2021, the National Automated Clearing House Association (NACHA) will require businesses to perform online verification of bank accounts before they accept or process ACH payments. This network allows transfers from and to different banks for the payment of goods and services.
Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. “Phixius connects payment validation requestors to responders.
In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and accountvalidation tools, talks about an upcoming change by NACHA, national administrator of the ACHnetwork, to make internet-initiated debit transactions (WEB debits) safer and more seamless.
Nacha Drives Corporate ACH Adoption. Nacha is rolling out a new resource center designed to help corporates embrace the ACHNetwork. The new payment rail supports interbank, peer-to-peer, person-to-business and business-to-business transactions, and can handle up to 5 million transactions per day.
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