Account Validation NACHA Void 
Payment Savvy
AUGUST 4, 2020
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. NACHA’s recent figures revealed that in 2018, U.S This accounts for close to 82% of all U.S
FICO
JULY 28, 2021
NACHA, the payments clearing house through which ACH transactions flow, reported a banner year in 2020, posting an 8.2% Source: NACHA. NACHA Steps Up Its Fraud Prevention Requirements. The supplemental requirement applies to the first use of an account number or changes to the account number. by TJ Horan.
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