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How the Industry Is Adapting to Nacha’s New Risk Management Rules
Nacha Seeks Input on Proposal to Raise the Same Day ACH Transaction Limit to $10 Million
On Monday, Nov. 10, Nacha announced it is seeking public comments on the proposed change to the Nacha Operating Rules that would increase the per-transaction dollar limit for Same Day ACH payments from $1 million to $10 million. Corporate end users are …
The Importance of Compliant ACH Authorizations
As a senior consultant within Nacha’s consulting group, I observe that one critical area of non-compliance with the Nacha Rules is related to ACH authorizations. ACH authorizations are the foundation under which Entries may be transmitted through the ACH …