Stax

NOVEMBER 11, 2024

Compliance Considerations for ACH Payments When implementing ACH payments, businesses must navigate several regulatory requirements and security standards to ensure legal and operational compliance – similar to how credit card processing requires PCI compliance. Another significant NACHA rule is the requirement for authorization.

ACH 88

ACH Checks Identity Theft Payments 88

Global Fintech & Digital Assets

OCTOBER 31, 2023

Issuing a digital asset does not in itself require licensure, unless such asset is redeemable for legal tender, bank credit, or another digital asset. Also exempt are activities related to in-game tokens that cannot be exchanged for legal tender outside of the relevant game, cryptocurrency mining, and rewards points.

Laws 52

Laws Stablecoins Issuers Legal 52

Nanonets

MARCH 30, 2023

Payment automation systems are usually built into a comprehensive AP automation system that encompasses various processes, including invoice capture, coding, review, approval, payment authorization, and payment execution. Compliance with these regulations can help protect the business from legal and financial risks.

Automation 52

Automation Transactions Wire Transfer ACH 52

Clearly Payments

FEBRUARY 8, 2024

Its primary objectives encompass safeguarding consumers, maintaining financial stability, promoting market integrity, preventing fraud and security breaches, and ensuring legal compliance. It mandates disclosure of terms and conditions, error resolution procedures, and limits on consumer liability for unauthorized transactions.

Regulations 81

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 81