PYMNTS

MAY 10, 2019

For a rule that comes into effect on January 1, 2020, NACHA says that “ACH originators of WEB debit entries are required to use a commercially reasonable fraudulent transaction detection system to screen WEB debits for fraud.” The rule change is the subject of a recent white paper published by GIACT. New NACHA Rule.

Nacha Rules 71

Nacha Rules NACHA Rules Account Validation 71

PYMNTS

APRIL 6, 2016

In reference to methodology, NACHA’s survey extended across January and February, with 22 of the largest 25 ACH originating institutions responding. Financial institutions see the value in providing new, faster payment options to their customers with certainty and surety, and Same Day ACH allows them to do that in 2016,” Janet O.

Same Day ACH 46

Same Day ACH ACH NACHA AAP 46

PYMNTS

DECEMBER 17, 2019

The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks. The Check-To-ACH Migration. ACH’s B2B Future. If I become an ACH originator, and I don’t use a third party, I control the application, the underwriting; I can on-board people faster.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52