NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments
Agile Payments
JUNE 29, 2020
What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?
Account Validation ACH Authentication 
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1-NACHA 2021 ACH Rule Change Mandates Checking Account Validation For Web Based Payments
Agile Payments
JUNE 29, 2020
What does the new NACHA ruling around WEB ACH transactions really mean and why has it been implemented?
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Important NACHA Changes: Account Validation
Payment Savvy
AUGUST 4, 2020
Starting March 19, 2021, the National Automated Clearing House Association (NACHA) will require businesses to perform online verification of bank accounts before they accept or process ACH payments. ACH payments play a significant part in online payment acceptance options. This accounts for close to 82% of all U.S
ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps
FICO
JULY 28, 2021
If your institution saw an increase in ACH transactions last year, you’re not alone. 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.
New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard
PYMNTS
MAY 10, 2019
In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.
BNY Mellon Partners With Early Warning Services For Faster Payment Times
PYMNTS
JULY 5, 2020
The service is also payment-agnostic, able to verify accounts for payments including wire transfers, automated clearing houses (ACH) and real-time payments. Lou Anne Alexander , chief producer officer for Early Warning Services, said the service would be innovative in its adoption of digital services.
Amount Selects ValidiFI to Enhance Digital Origination Solutions
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APRIL 9, 2025
Through this partnership, Amount will leverage ValidiFI’s comprehensive data network, which includes data from key bank sources that maximizes coverage, for the validation and authentication of bank accounts.
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