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NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments

Agile Payments

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

NACHA 88
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1-NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments

Agile Payments

What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?

NACHA 88
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SMBs Gear Up For Phase Two Of Same-Day ACH Rollout

PYMNTS

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. It incorporates more payment scenarios into the Same-Day ACH initiative.

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B2B Innovators Explore The New Payment Rail Combinations

PYMNTS

Nacha Drives Corporate ACH Adoption. Nacha is rolling out a new resource center designed to help corporates embrace the ACH Network. 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.

B2B 88
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NACHA’s Payments Innovation Alliance Expands

PYMNTS

.” Last year, Casali spoke with PYMNTS about the industry’s progress toward Same-Day ACH, and how companies can avoid “Y2K-like anxiety” about the shift. “It ended up being a whole lot of nothing,” said Casali of the Y2K fear.

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Taking The Y2K Fear Factor Out Of Same Day ACH

PYMNTS

In addition to helping member financial organizations stay on top of changes to ACH, Casali said NEACH also helps them stay compliant with local laws and serves as a resource for members to gain a clear understanding about what the rules mean for their particular businesses.

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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

Automated Clearing House (House) is the transfer of funds between an electronic network (known as ACH network) made up of banks, credit unions, and other 10,000+ financial institutions. These financial institutions all follow ACH rules and regulations by the National Automated Clearinghouse Association (Nacha).