Remove ACH Network Remove Enrollments Remove NACHA
article thumbnail

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

PYMNTS

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.

article thumbnail

Payment Rail Innovators Focus On Cards, Contactless Payments

PYMNTS

Leavitt said the firm looks forward "to helping Visa's commercial clients grow their card programs by maximizing commercial card acceptance through Boost’s technology-enabled solutions and time-tested supplier enrollment processes.”. Nacha Adopts Eight ACH Payment Updates.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Coming Soon: Same Day ACH Phase 2 – Debits

PYMNTS

payment system has embarked on the financial equivalent of a film trilogy with its Same Day ACH initiative, an initiative which will bring big changes to the ACH Network. In anticipation of the rollout of Same Day ACH Phase 1, Steele said the financial services industry treated the change as a “Y2K-type” event. “It

article thumbnail

ACH SEC Codes

Payment Savvy

Before diving deeper into SEC codes, let’s take a minute to better understand ACH transactions – if you’ve already worked with ACH transactions and have an idea about what is involved in them, you can skip this section and go straight to SEC codes. ENR – Automated Enrollment Entry.