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Backpack Now a Nacha Preferred Partner for ACH Experience, Open Banking, and Risk and Fraud Prevention
RESTON, Virginia , June 11, 2026 – Nacha announced that Backpack has become a Nacha Preferred Partner for ACH Experience, Open Banking, and Risk and Fraud Prevention. Backpack’s financial infrastructure is built specifically for higher education, helping …
Financial institutions compete for new customers to grow core deposits and Tier 1 capital. Easy and frictionless account opening and funding complements this objective. Unfortunately, losses from account opening fraud works against it. As …
When payments are made using the ACH Network for specific purposes, banking conventions provide a standardized way to format additional detailed information so the payment is more easily and readily applied. Nacha has three such banking conventions that …
Tailored for business banking customers or anyone new to payments, this insightful video series is designed to demystify the intricate landscape of payments. The videos provide you with the essential knowledge needed to navigate the payments industry with …