Remove ACH Origination Remove Payments Remove Third-Party Service Provider
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New Data Security Requirements for ACH Originators

Agile Payments

As of June 30, 2021, a new rule on supplementing data security requirements goes into effect for ACH originators that have an annual volume of 6 million transactions or greater. The rule requires the originators (and third party service providers) to protect bank account information unreadable when it's stored electronically.

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B2B Payments Explores An Alternative Path To ACH Adoption

PYMNTS

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous Faster Payments Tracker. The Check-To-ACH Migration. Checks are clunky. Why should it ever have to start as paper?”.

ACH