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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal. The rule change is the subject of a recent white paper published by GIACT.

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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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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. All participants in the ACH network, including banks, credit unions, and other financial institutions, must comply with NACHA rules.

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Securing The Speed Of Securities Transactions

PYMNTS

NACHA has grown considerably in the past 25 years,” said Stone. “As As the NACHA Rules have evolved, so has the concept that the Standard Entry Class can be used to determine how an ACH Entry is handled.” Today, there are 23 Standard Entry Classes, and the NACHA Rules are oriented around them.”. “If