PYMNTS

MARCH 5, 2018

NACHA , the electronic payments association, announced that banks and credit unions have registered 9,403 third-party senders as of the March 1, 2018 deadline. In a press release , NACHA said the rule, which took effect on Sept. In a press release , NACHA said the rule, which took effect on Sept.

Third-Party Sender

The Paypers

MAY 1, 2018

(The Paypers) Official Payments , an ACI Worldwide company, and Paychex have joined First Data’s TeleCheck and Payment Data Systems as Third-Party Senders that have become NACHA Certified.

NACHA

The Paypers

DECEMBER 13, 2018

(The Paypers) US-based B2B payments company Bill.com has announced that it has received NACHA certification as an ACH third-party sender.

NACHA

PYMNTS

FEBRUARY 9, 2017

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.” Stone, who has worked with NACHA and ACH processing since 1980, has the historical perspective needed to make such observations.

Reg E

PYMNTS

JUNE 29, 2018

B2B payments in the insurance industry suffer from many of the same challenges that other markets do: namely, check-based payments. However, to push insurance providers in the direction of ePayments, service providers have to acknowledge the nuances of the insurance payments machine.

Faster Payments

PYMNTS

OCTOBER 13, 2017

A bank using a payments processor for payroll may be “on the hook” for that processor’s customers. As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. This is not to say that KYC becomes KYCC with 18 CCCs down the line.

Risk