Will Same Day ACH Rollout Spark A Fraud Spike?
PYMNTS
SEPTEMBER 9, 2016
Of the 420-plus customers, Rojas said about 140 are currently using one of the company’s two ACH products, dubbed ACH-ODFI and ACH-RDFI. ODFI focuses on the origination of transactions, while RDFI concentrates on receiving transactions. The banks are saying, ‘This is a way for us to attract bigger and better customers,’” Rojas stated.
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