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Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its pivotal role helping customers of all sizes with Nacha rule compliance, as well as risk …
… More Money Per Donation . Monthly gifts from donors using electronic bank transfers are on average 55% higher than with other payment types. Make Donating Easier . No more counting or carrying cash or checks. Instead, donations made by electronic bank …
Today Nacha announces that Phixius, a new platform that facilitates the trusted exchange of payment information is live and has completed its first information exchange transactions between participants. “We are excited that Phixius is now live,” said …
(L-R) Luis Guzman, Dave Glaser and Serenie Gagon LAS VEGAS —You’re at the online checkout ready to complete your purchase. How do you pay? For most consumers it’s with a credit card, which leads Dave Glaser to this question: “How do we motivate consumers …
Nacha's ISO 20022-to-ACH Mapping Guide & Tool allows financial institutions to support businesses that leverage ISO 20022 by providing standardized guidance to facilitate translation of ISO 20022 pain.001 (credit) and pain.008 (debit) messages into ACH …
Phixius, Nacha’s Platform to Enable the Sharing of Payment-Related Information, Adds Three Participants So Far in 2021
New Participants Extend Reach to Hundreds of Businesses HERNDON, Va ., May 20, 2021 – Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021. The new …
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 …
Contact: Media Relations Aliaswire , a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha today announced that Aliaswire will join the Phixius Peer-to-Peer Network for the exchange of payment-related …
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 …