PYMNTS

MARCH 5, 2018

NACHA , the electronic payments association, announced that banks and credit unions have registered 9,403 third-party senders as of the March 1, 2018 deadline. In a press release , NACHA said the rule, which took effect on Sept. In a press release , NACHA said the rule, which took effect on Sept.

Third-Party Sender 40

Third-Party Sender NACHA ACH Credit Union 40

The Paypers

DECEMBER 13, 2018

(The Paypers) US-based B2B payments company Bill.com has announced that it has received NACHA certification as an ACH third-party sender.

NACHA 28

NACHA Third-Party Sender ACH B2B 28

PYMNTS

FEBRUARY 9, 2017

As T+3 was being implemented in the early 90s, the concept of using ACH was raised, but there were two problems that, at the time, were insurmountable. NACHA has grown considerably in the past 25 years,” said Stone. “As Today, there are 23 Standard Entry Classes, and the NACHA Rules are oriented around them.”. “If

Reg E 46

Reg E Security Transactions Third-Party Sender 46

PYMNTS

JUNE 29, 2018

Peters noted that it is a step in the right direction for this market — a multi-trillion dollar segment of the insurance space — to embrace digital data, but emphasized that the movement of data remains separate from the movement of funds, even if healthcare providers and insurance firms adopt electronic payment rails like ACH.

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

OCTOBER 13, 2017

As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. The rule mandates that financial firms originating ACH transfers must identify and register their third-party sending customers with NACHA.

Risk 46

Risk Consumer Financial Protection Bureau (CFPB) Due Diligence Third-Party Sender 46