PYMNTS
MAY 10, 2019
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.
NACHA
OCTOBER 23, 2023
Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk management.
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EBizCharge
JULY 16, 2024
Ensuring compliance with NACHA requirements is crucial for financial institutions, as it guarantees the secure, efficient, and reliable handling of electronic payments. What is NACHA? Through a robust risk management framework and stringent security rules, NACHA strengthens trust in the digital payment ecosystem.
Stax
NOVEMBER 11, 2024
Beyond the inconvenience of mailing a paper check, there is an increased risk of identity theft. Reduce fraud for your business Businesses that use paper checks for B2B payments are also at risk for fraud. Another significant NACHA rule is the requirement for authorization.
PYMNTS
FEBRUARY 9, 2017
With more than $15 trillion in the stock market, improving the liquidity of investments is seen by many financial professionals as an essential step toward greater efficiency and reduced risk. NACHA has grown considerably in the past 25 years,” said Stone. “As Beyond Securities Transactions.
PYMNTS
JULY 26, 2016
According to DeCosmo , the basic definition of a real-time payments environment boils down “sub second responses” across a number of considerations, including credit risk and marketing efforts, with a benefit that comes from a “faster experience … that is also more streamlined.”
Stax
JULY 9, 2024
Key regulations governing EFT payments include the National Automated Clearing House Association (NACHA) rules, which establish guidelines for ACH transfers, and the Payment Card Industry Data Security Standard (PCI DSS), which sets security standards for handling card information. What is the future of EFTs?
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