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Direct Deposit continues to be the overwhelming choice for Americans to receive their wages, a new survey finds. In its 2022 “Getting Paid in America” survey, the American Payroll Association (APA) found that more than 93% of those questioned use Direct …
What is Rules Compliance? Nacha’s ACH Rules Compliance provides the structure for evaluating possible violations of the Nacha Operating Rules and Guidelines . Through a formal system of warnings and fines, it corrects infractions and helps ACH Network …
In more than 1,000 landings as a naval aviator, I never once made a gear-up landing. I didn’t take any chances: I used a checklist to prepare for every landing. The checklist was necessary not because lowering the landing gear is difficult to remember. It …
That didn’t take long at all. The ACH Contact Registry opened for business on July 1, and within a matter of days there were success stories to tell. Like when Eric Wester at UMACHA got a call from a member needing help with a missing payroll credit. …
Checks Still the Payment Method Most Susceptible to Fraud There’s encouraging news in the war on Business Email Compromise (BEC), though the numbers remain cause for concern. “Sixty-eight percent of organizations were targeted by BEC in 2021, eight …
HERNDON, Va., March 19, 2020 – Nacha’s Afinis Interoperability Standards membership organization announced today it has partnered with XMLdation to enable its stakeholders to leverage the Finland-based company’s testing capabilities within Afinis’ …
Afinis Interoperability Standards Adds 17 New Member Organizations to Further Enhance Focus on the Rapid Delivery of APIs
HERNDON, Va. , July 13, 2020 – Nacha’s Afinis Interoperability Standards membership organization, which focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally, announced today it has added 17 new member …
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 …
… When we find that partners in a particular industry or government sector need to exchange payments and information in a specialized way, we collaborate to figure out the best use of the ACH Network. Banking conventions, or the formats used to present …