NACHA Adds 9K Third-Party Senders, Expands ACH Payments
PYMNTS
MARCH 5, 2018
29, 2017, calls for financial institutions that originate ACH payments to register their third-party sender customers through the NACHA Risk Management Portal. NACHA defines a third-party sender as an intermediary between the party that is initiating an ACH payment and the bank or credit union that submits the payment into the ACH network.
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