Agile Payments

MAY 19, 2021

As of June 30, 2021, a new rule on supplementing data security requirements goes into effect for ACH originators that have an annual volume of 6 million transactions or greater. The rule requires the originators (and third party service providers) to protect bank account information unreadable when it's stored electronically.

ACH Origination 88

ACH Origination Origination ACH Data Security 88

PYMNTS

DECEMBER 17, 2019

The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks. Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

PYMNTS

APRIL 9, 2018

Payments and commerce company PaySimple announced its latest integration into a third-party service provider. Earlier this year another company, Insynq, introduced another solution for in-field service providers.

Cash Management 60

Cash Management Third-Party Service Provider Payments ACH 60

PYMNTS

DECEMBER 12, 2018

ACH has often been assumed to be the payment rail poised to take over paper checks as the dominant rail in B2B payments. Accounts receivable executives told researchers that they anticipate ACH to make up 45 percent of the payments they receive by 2020, while checks will decline to 34 percent.

Commercial Card 56

Commercial Card ACH B2B Checks 56

EBizCharge

JULY 16, 2024

The National Automated Clearing House Association (NACHA) governs the operation of the Automated Clearing House (ACH) network , a centralized system financial institutions use to facilitate electronic payments and transactions across the U.S. Data security NACHA imposes stringent requirements to protect sensitive financial data.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

PYMNTS

MARCH 29, 2018

ACH payments are subject to NACHA rules and require you to store bank information for payees,” he said. Just as check fraud topped the list of threats against the enterprise, 70 percent of companies surveyed by IBM Security said they have also been targeted by a phishing attack, which often involves an ACH or wire transaction.

Checks 43

Checks B2B ACH Payments 43

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47