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Nacha’s Phixius Platform Announces Partnership with Aliaswire to Provide Small Volume ACH Users Account Verification Option
HERNDON, Virginia, June 6, 2022 – Today, Nacha announced a partnership with Phixius and Aliaswire that will enable financial institutions, fintechs and businesses that originate a small volume of ACH transactions to comply with Nacha’s WEB Debit Account …
HERNDON, Virginia , Aug. 23, 2022 – Nacha’s Phixius service, a trusted peer-to-peer network for efficient and safe exchange and verification of payment-related information, announced today that financial institutions and service providers in the Phixius …
ACH Network Moves 7.6 Billion Payments in Third Quarter of 2022; Strong Growth Continues for Same Day ACH
HERNDON, Virginia, Oct. 25, 2022 – Steady growth continued for the ACH Network in the third quarter of 2022, with 7.6 billion payments processed valued at $19.2 trillion. Those are increases of 4.2% and 6%, respectively, from a year earlier. Same Day ACH …
It isn’t every day that you see an increase of 1,140%. But when you look at some recent gains by Same Day ACH used for business-to-business (B2B) payments that’s exactly what happened. Back in the second quarter of 2019, Same Day ACH for B2B payments …
There’s new evidence that businesses are rapidly abandoning checks in favor of ACH and other electronic payments. The 2022 Association for Financial Professionals (AFP) Digital Payments Survey , released Oct. 4, found that just 33% of business-to-business …
Season 2, Episode 1: Nacha’s Phixius Service: Meeting Customers’ Account Validation Needs Nacha Rules now require ACH users to include account validation within a commercially reasonably fraudulent transaction detection system for the first use of new …