With Same-Day ACH, You’d Better Have Same-Day Fraud Detection
PYMNTS
MAY 7, 2018
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. Under the Uniform Commercial Code (UCC), Peace explained, banks compensate their consumers for any fraud-related losses (with some exceptions). With Same-Day ACH now a reality in the U.S.,
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