PYMNTS

NOVEMBER 10, 2020

Nacha has announced that Phixius, which facilitates the trusted exchange of payment information, has officially gone live, according to a press release. The release says Phixius has also officially completed its first information exchange transaction between two parties.

Phixius 72

Phixius NACHA Security ACH 72

Fintech Finance

MAY 7, 2024

Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

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Phixius Account Validation NACHA Accounts 52

PYMNTS

FEBRUARY 5, 2020

The NACHA Phixius platform enables connected service providers to securely exchange payment-related data. The present system uses laborious bilateral agreements, which limits wide-spread collaboration. He added that “Phixius changes all of that” by using congruent regulations and “leveraging blockchain technology.”.

NACHA 52

NACHA Phixius B2B Same Day ACH 52

PYMNTS

FEBRUARY 6, 2020

Dubbed Phixius, the platform targets the friction associated with the current reliance on proprietary bilateral data sharing agreements that limits broader efficiency. Nacha also pointed to the challenges of manual management, misdirected payments, errors and fraud risks.

Payments Data 73

Payments Data Payment APIs and Integration Credit Union NACHA 73