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Nacha is requesting comment on a proposal to increase the dollar limit for Same Day ACH payments. Complete details, including the Rules Proposal Description, the Modifications to the Rules, the link to comment, and more can be found here . We also invite …
Nacha Announces Lyons Commercial Data as a Preferred Partner for Routing Number, and Account & Ownership Verification
Lyons Commercial Data is now a Nacha Preferred Partner for Routing Number, and Account and Ownership Verification. In becoming a Preferred Partner, Lyons Commercial Data joins a select group of innovators whose offerings align with Nacha’s strategies to …
Today, the U.S. Internal Revenue Service (IRS) sent over 430,000 Advance Child Tax Credit (ACTC) payments by Same Day ACH to quickly and securely reach the majority of families that had received ACTC payments in July and August but didn’t receive their …
Nacha, Faster Payments Council and Payments Associations Announce Accredited Faster Payments Professionals Program
New collaboration to benefit entire faster payments ecosystem HERNDON, Virginia , Sept. 28, 2022 –Today, Nacha, the U.S. Faster Payments Council (FPC) and our nation’s Payments Associations announced a first-of-its-kind alliance to create the Accredited …
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 …
Diagram This diagram shows the basic container hierarchy of every object in the IFX Standard. The data attributes commonly associated with an object are found mostly in the xxxInfo segment and the current state of the object is found in the xxxStatus …
Editor’s Note: This is the second in a two-part series on an upcoming enhancement to Same Day ACH. On March 20, 2020, the dollar amount limit per payment increases from $25,000 to $100,000. Today we look at what Originating Depository Financial …
Orum is a simple API for fast, reliable payments. Orum’s API solution delivers access to rails including Same Day ACH and standard ACH – and instant bank account verification. Orum allows businesses to launch instant payments and instant bank account …
Plaid is a data network powering the fintech tools that millions of consumers have come to rely on to live healthier financial lives. Thousands of digital financial services like Acorns, Betterment, Coinbase, and Venmo, use Plaid to make it easy for their …