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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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What’s an ACH Originator? Responsibilities & Benefits

Paystand

Responsibilities of an Originator Benefits of ACH Payments for Enterprise Originators Forms of Authorization Required for ACH Transactions Frequently Asked Questions Conclusion and Call to Action What Is a Receiver?

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Top US banks prepping for same-day ACH transactions

Payments Dive

In a NACHA survey, 95 percent of respondents indicated that they will offer their clients same-day ACH origination services by year-end.

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First International Bank & Trust (FIBT) Named Service Bank for Raisin as Global Fintech Becomes First to Integrate with Kotapay’s Kavinu™ Platform

Fintech Finance

Proven scalability – Supported by Kotapay’s existing payments infrastructure, which processed over 64 million transactions totaling more than $102 billion in 2024. Versatile architecture – Cloud-native, API-driven technology layer adaptable to various business models beyond typical BaaS use cases.

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B2B Payments Explores An Alternative Path To ACH Adoption

PYMNTS

The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks. Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. The Check-To-ACH Migration.

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ACH Fraud Is Rising - And New NACHA Measure Leaves Gaps

FICO

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. increase in volume and a 10.8%

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With Same-Day ACH, You’d Better Have Same-Day Fraud Detection

PYMNTS

Accelerating payments mean financial institutions have less time to identify fraud before a transaction clears and settles. With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches.