Account Takeovers and ACH Origination

Search:

DAY

WEEK

MONTH

YEAR

Select your country:
Sign up | Log in

Account Takeovers

ACH Origination

With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

PYMNTS

MAY 7, 2018

In a survey of financial institutions facilitating Same-Day ACH for their customers – which collectively account for about 66 percent of ACH origination volumes – NACHA found that exactly zero percent reported an increase in fraud. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however.

Same Day ACH

Same Day ACH Fraud Detection ACH NACHA

ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

FICO

JULY 28, 2021

In response to a rise in fraudulent activity targeting ACH and other electronic transactions, the WEB Debit Account Validation Rule was put into effect by NACHA on March 19, 2021. Without it, an ACH payment could be sent from a validated account by an unauthorized user, as is the case with UPP fraud and account takeover.

NACHA

NACHA ACH Scams Account Validation

Payments Space

With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

Stay Connected