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HERNDON, Virginia, April 23, 2024 – A 47% increase in Same Day ACH volume helped lead the way as the ACH Network began 2024 by handling 8.2 billion payments in the first quarter. There were 273.7 million Same Day ACH payments in the first quarter. The …
The first thing to do is to ask your employer if they offer Direct Deposit. If you work at a small place, check with your boss; in a larger firm, ask the human resources department. In many cases the answer is yes, so you’ll want to be ready with the most …
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 …
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 …
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 …
Phixius by Nacha—a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account …
Created and operated by Nacha, Phixius is the trusted peer-to-peer network where businesses can exchange and verify payment-related information securely, instantly, and across multiple payment types. … Nacha Rules require that the first use of an account …
When Nacha says the modern ACH Network is thriving, we always have figures to back that up. The Federal Reserve recently gave us some additional evidence of just how accurate that statement is. In the initial findings from its 2022 triennial payments …
When Nacha says “Direct Deposit Delivers” we mean it. A new paper from the federal government helps back that up. Researchers from the Treasury Department, IRS and U.S. Census Bureau took a detailed look at who received funds, and when, from the first …