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Not long ago, credit-push fraud wasn’t something you heard payments professionals discussing. That it quickly became part of today’s lexicon shows the importance of keeping our risk management strategies current. A slate of recently approved Nacha …
It’s a good problem to have: Going to Smarter Faster Payments 2024 and making sure you don’t miss a thing. “You have to plan your whole schedule on where you want to be and at what time, because it’s packed full of information,” said Lisa S. Coffey, Chief …
It’s been one of Nacha’s main focuses in recent years: Encouraging healthcare professionals—especially dentists—to receive claim payments by electronic funds transfer, or EFT. There’s new evidence that these efforts are paying off. The 2023 CAQH Index …
A decade-long increase in medical and dental professionals receiving claim payments by EFT continued in 2023. The nearly 488 million EFT healthcare payments reflect a rise of 7.7% over 2022. And when you look back to 2013, when there were just 19.2 …
Smarter Faster Payments Remote Connect Aug. 23-26 Event Information: Sponsored by NEACH Payments Group Wednesday, Aug. 25 | 4:30 PM ET L’chaim! Proost! Cheers! However you offer a toast, be sure to bring a glass to raise as you join us tomorrow at 4:30 …
Innovation is vital to any industry, and to encourage forward thinkers in payments, Nacha has created the 15 Under 40 award. “We want to work on building the next generation of payments professionals, and recognizing these superstars is one way of doing …
Growing cybersecurity threats and regulatory concerns have amplified the need for increased operational resilience around all critical banking and payments functions. To help organizations, Nacha and the Global Resilience Federation (GRF) have partnered …
It’s an issue vexing financial institutions big and small—while keeping Nacha’s National System of Fines busy handling disputes: proof of authorization. “There’s a lot of confusion surrounding what constitutes a valid proof of authorization,” said Lorie …
It’s been more than three years now—July 2020, to be exact—since the ACH Contact Registry went live. And as recently as August of last year, Nacha let everyone know it’s running spot checks on the data within the registry. Those checks are about to be …