Account Validation, ACH and ACH Origination

ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

FICO

JULY 28, 2021

If your institution saw an increase in ACH transactions last year, you’re not alone. NACHA, the payments clearing house through which ACH transactions flow, reported a banner year in 2020, posting an 8.2% Additionally, ACH internet transactions rose 15% from 2019 to 2020. As it happens, 2020 was a banner year for ACH fraud, too.

NACHA

NACHA ACH Scams Account Validation

New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

Nacha Rules

Nacha Rules NACHA Rules Account Validation

Payments Space

ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

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