Displaying 1 - 10 of over 135 results for "*"
August 11, 2022
Financial Institutions have been listing ACH contacts in Nacha’s ACH Contact Registry since the platform went live in July 2020. Most banks and credit unions are entering quality data that meets the requirements under the Nacha Operating Rules. That means phone numbers and email addresses for ACH…
ACH, Risk Management, Rules Compliance
August 5, 2022
Increasing the Same Day ACH dollar limit to $1 million per payment posed no greater fraud risk than the prior $100,000 threshold, a new survey by Nacha’s Risk Management Advisory Group (RMAG) found.
RMAG reviewed the proposal before it took effect in March, weighing potential risks and…
ACH, Risk Management, Same Day ACH
August 2, 2022
You asked. We listened. Enhancements made!
The next time you visit Nacha’s Risk Management Portal you’ll find several changes which are the direct results of industry input.
It starts right at the login page. If you get an error message it now includes an explanation that your Portal…
ACH, Risk Management
May 18, 2022
NASHVILLE, Tennessee—There was a time when the focus of risk management on the ACH Network was controlling unauthorized debits. But keeping the ACH Network safe means keeping up with the times and anticipating future scenarios. Today, fraud involving credits and other push type payments is a…
ACH, Risk Management
February 8, 2022
Contact: Media Relations
Passing the exam to become an Accredited ACH Professional, or AAP, is a remarkable accomplishment any year. To do it amid a pandemic is especially noteworthy. Which is why today, National AAP Recognition Day, Nacha is proud to recognize the 230 newly minted AAPs who…
Certifications
November 19, 2021
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 other financial services standards across…
APIs
November 2, 2021
Afinis Interoperability Standards Releases New APIs for Account Ownership Validation and Payment Initiation
Contact: Media Relations
Nacha’s Afinis Interoperability Standards announced today it has 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…
APIs
August 31, 2021
It seems like the bad guys work night and day concocting new ways to separate people and businesses from their money. But when it comes to cybercrime, one scam tops the list: Business Email Compromise (BEC).
“That accounts for over $1.8 billion in loss” in 2020, said FBI Special Agent Brian…
Risk Management
August 6, 2021
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 decision-making.
Afinis is a membership-…
APIs
July 22, 2021
Sometimes simple works best. When it comes to your financial life, there are ways to simplify things that make a lot of sense.
The first week of August is Simplify Your Life Week, and on a personal level, one of the easiest things to do is to move away from paper checks, if you haven’t already…
ACH, Direct Deposit, Direct Payment