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Phixius by Nacha Partners With ValidiFI to Enhance Account Validation Coverage

Fintech Finance

Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

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Open Banking Targets SMB Apps, Payments Data

PYMNTS

Dubbed Phixius, the platform targets the friction associated with the current reliance on proprietary bilateral data sharing agreements that limits broader efficiency. ” Simply Wields Open Banking For Asset Finance. Nacha also pointed to the challenges of manual management, misdirected payments, errors and fraud risks. .

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APIs Put Velocity In Business Payments

PYMNTS

Relative to that, Nadya Hijazi, HSBC head of eCommerce for global payments and receivables finance, told PYMNTS, “If I, [as a treasurer,] can see [real-time data], I’m making decisions on where to sweep my money based on what my balance is now, rather than [at] end of day.”. Keeping Eyes on Your APIs .

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Phixius by Nacha Announces Collaboration With Kinexys by J.P. Morgan to Enhance Account Validation Capabilities

Fintech Finance

Phixius by Nacha (Phixius) — a secure, peer-to-peer payment information network — announced a strategic collaboration with Kinexys Liink , the world’s first bank-led peer-to-peer data sharing network, part of Kinexys by J.P. As part of the symbiotic relationship, Phixius will serve as Kinexys Liink’s key U.S.

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