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. 29, 2017, calls for financial institutions that originate ACH payments to register their third-party sender customers through the NACHA Risk Management Portal.
PYMNTS
FEBRUARY 9, 2017
We have a growing Third-Party Sender portfolio that we monitor closely, and that has us focused on getting ready for the Third-Party Sender registration rule.”. We’ve originated a few files for emergency payroll situations, and we’ve received same-day credits as well.
PYMNTS
OCTOBER 13, 2017
As an example, Hennessy noted the recent debut of NACHA’s third-party sender rule, which took effect at the end of September. The rule mandates that financial firms originating ACH transfers must identify and register their third-party sending customers with NACHA.
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