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The Council for Affordable Quality Healthcare (CAQH) owns and manages the CORE Operating Rules. The Healthcare EFT Enrollment Rules were just updated to help health claim payments move more efficiently and effectively while aiming to reduce fraud. Three …
The IRS and State Tax Refund Return Opt-In Programs were developed to make it easier for financial institutions to return tax refund credits in cases of suspected error or fraud. Opt-in rules define how Return Reason Code R17 may be used by participating …
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 …
Nacha is requesting industry comment on nine proposals to amend the Nacha Rules. These proposals concern risk management and are substantially oriented towards reducing the incidence of successful fraud and improving the recovery of funds within the ACH …
March 2023 marked the 5-year anniversary of the effective date of Phase 3 of the original Same Day ACH rules. Those rules provide for a review of the amount of the Same Day ACH fee as of this 5-year date. The original projection of cumulative Same Day ACH …
ACH, wires and cards are words we associate with payments. But metaverse, Web3 and NFTs? “They’re not words that people necessarily correlate to payments. But they should be,” said Angel Grant, Vice President of Security at F5, a multi-cloud application …