Remove ACH Network Remove Continuity Remove ODFI
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As Federal Checks Disappear, Banks Face Surge in ACH Payments and Rising Fraud Risks

Finextra

In March 2025, the White House issued a mandate requiring that, by the end of fiscal year 2025, nearly all federal government payments—including tax refunds—must transition from paper checks to electronic channels, primarily through the Automated Clearing House (ACH) network. It expresses the views and opinions of the author.

ACH
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ACH Transfers: How long do they take?

Nanonets

ACH (Automated Clearing House) payments are basically EFTs ( electronic fund transfers ) that use the ACH network to move funds between bank accounts in the United States. ACH is most commonly used for direct deposit of payroll, payment of bills, and business-to-business payments.

ACH
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How to Stay Compliant with NACHA Requirements

EBizCharge

The National Automated Clearing House Association (NACHA) governs the operation of the Automated Clearing House (ACH) network , a centralized system financial institutions use to facilitate electronic payments and transactions across the U.S.

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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

And after a brief dip in 2010 and 2011, the increase continued until it peaked in 2014, according to Financial Fraud Action UK. Of the 420-plus customers, Rojas said about 140 are currently using one of the company’s two ACH products, dubbed ACH-ODFI and ACH-RDFI.