article thumbnail

GIACT Systems Launches New Enhancement To Compliance Solution

PYMNTS

Identity verification solutions provider GIACT Systems has announced the launch of gOFAC Monitoring, a new Office of Foreign Assets Control (OFAC) compliance solution to eliminate false positives and boost compliance processing. The solution is offered through GIACT’s EPIC Platform.

OFAC 51
article thumbnail

Your Complete Guide to SaaS Payments Monetization: What SaaS Companies Should Know

Stax

There are various methods to consider, such as bundling payments into existing plans, offering payment capabilities as an add-on, or payment enrollment. Stax Connect streamlines the enrollment process for SaaS companies. Our platform can deliver a branded enrollment system within your software so you can fully own the process.

article thumbnail

What Does Return Mobile ACH Payment Mean?

Payment Savvy

non-numeric characters) Non-transaction account R20 The account has been prohibited or limited Invalid company identification R21 The company ID has not been accepted (e.g., it is invalid because of a typo) Invalid individual ID number R22 A payment has been submitted incorrectly (e.g., types incorrectly, out of sequence, etc.)

ACH 52