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Financial Institutions have been listing ACH contacts in Nacha’s ACH Contact Registry since the platform went live in July 2020. Most banks and credit unions are entering quality data that meets the requirements under the Nacha Operating Rules. That means …
Tax payments are extremely important. Whether you’re an Originator or provider, you need to be making sure you’re using both the correct banking conventions and tax payment type code. That’s why Nacha is offering this short refresher. Let’s start with the …
For 25 Years, Yodlee has helped financial leaders harness connected data with their industry leading data aggregation and analytics platform. As a valued partner of some of the country’s largest banks and financial service firms, Yodlee empowers …
Failure is not an option when making a payment—though it can become a reality if the wrong routing number is used. “If there is a payment failure it ultimately means that there is someone who doesn’t get their payment on time, someone who doesn’t get …
NASHVILLE, Tennessee —There was a time when the focus of risk management on the ACH Network was controlling unauthorized debits. But keeping the ACH Network safe means keeping up with the times and anticipating future scenarios. Today, fraud involving …