PYMNTS

APRIL 6, 2016

The biggest firms in the nation are gearing up for same day ACH payments – an eventuality that could hit in September of this year. As reported by NACHA, the electronic payments association, the readiness was disclosed in a survey that had been conducted by the association, with the two strongest use cases identified across same day ACH.

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Same Day ACH ACH NACHA AAP 46

PYMNTS

MAY 7, 2018

With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however. FIs are kept on their toes to mitigate this risk.

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Same Day ACH Fraud Detection ACH NACHA 47

PYMNTS

FEBRUARY 12, 2019

The Metabank payments platform also includes wire transfers, ACH origination and other payment services. Metabank provides financial solutions to customers and businesses in what it considers niche and underserved markets, with a belief in financial inclusion for everyone.

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Faster Payments Visa Tax Refunds ACH Origination 58

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. New NACHA Rule.

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Nacha Rules NACHA Rules Account Validation 71

PYMNTS

MAY 4, 2016

Challenges and solutions continue to emerge surrounding NACHA’s recent move toward establishing Same Day ACH payments, which are due to arrive as soon as September 2016. Companies said they were also interested in how ACH might impact expedited bill pay, person-to person functionality, and payment options. More than 93 percent of U.S.

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Faster Payments Same Day ACH NACHA ACH 40

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.

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NACHA ACH Scams Account Validation 52

PYMNTS

JULY 5, 2019

If companies offer payments through, say, a portal, funds typically come through an automated clearing house ( ACH ) transaction or a credit card (if those types of transactions are allowed). However, as check volumes are now on the decline, B2C companies are receiving payments from other channels, such as bill payment sites.

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B2C Lockbox ACH IRS 46