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There’s a lot going on in the payments industry, making it important to get out in front of lawmakers and their staffs to help bring them up to speed. That’s why Nacha holds its annual Hill Day to help educate Congress on the importance of ACH payments to …
Afinis Interoperability Standards said it has released three new APIs to assist corporate customers of financial institutions with accessing and reviewing their own financial transaction data to better help them with cash management analysis and informed …
When it comes to B2B, sometimes processing payments can be a job in and of itself. Payment information is missing or incorrect; there’s a lopsided reliance on doing things manually rather than through automation; and there’s a lack of industry …
April is National Volunteer Month and we’d like to recognize each of you who have devoted so much of your time and energy to Afinis Interoperability Standards. It is because of your valuable contributions that this organization is what it is today. Thank …
Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, welcomes two new member organizations: Credit Union Financial Exchange and Moov . …
Afinis Interoperability Standards released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation. Afinis is a membership-based organization that focuses on the rapid delivery of APIs and …
As users of the ACH Network contemplate data quality, risk and compliance strategies, they should be aware that on March 18, 2022, Nacha’s ACH WEB Debit “Account Validation Rule” becomes enforceable. The rule requires that the first use of an account …
NASHVILLE, Tennessee —Could FedNow pave the way for more ACH settlement windows? A major stumbling block to expanding ACH hours is that the Federal Reserve’s National Settlement Service (NSS) for interbank settlement closes at the end of the business day …