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How to Stay Compliant with NACHA Requirements

EBizCharge

Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. Risk management Financial institutions and third-party service providers must construct and execute a risk-based approach to detect and prevent fraudulent ACH transactions.

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Rethinking Checks’ Role In B2B Payments Friction

PYMNTS

But they also can’t deny that checks continue to make up about half of the supplier payments volume (in the U.S., ACH payments are subject to NACHA rules and require you to store bank information for payees,” he said. “We support vendor choice,” he continued.

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