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ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

FICO

NACHA, the payments clearing house through which ACH transactions flow, reported a banner year in 2020, posting an 8.2% Additionally, ACH internet transactions rose 15% from 2019 to 2020. As it happens, 2020 was a banner year for ACH fraud, too. Trial and micro deposits of just a few cents. increase in volume and a 10.8%

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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. But there’s still plenty of territory to be claimed: experts estimate that the digital advice market could surpass $1T by 2020. Payments: Mobile is replacing cash.