article thumbnail

Can an ACH API benefit your organization? 2019 Version

Agile Payments

ACH payments and disbursements aren’t new. ACH payments have been around since 1974, and by the end of 2016, the total volume of ACH processing exceeded $40 trillion.

ACH 77
article thumbnail

Securing The Speed Of Securities Transactions

PYMNTS

“As the NACHA Rules have evolved, so has the concept that the Standard Entry Class can be used to determine how an ACH Entry is handled.” Stone, who has worked with NACHA and ACH processing since 1980, has the historical perspective needed to make such observations. Beyond Securities Transactions.

Reg E 46
article thumbnail

Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

One of the potential difficulties that Same Day ACH implementation poses for FIs relates to how they control their sensitive data, Rojas said. Mid-tier and larger banks typically have their ACH processing deployed in their data center, which allows them to maintain control of data that can be routed. 2016, according to the FBI.