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Buy Both and Save 10% ACH Risk Management Handbook and the ACH Compliance Manual print publications. Please review our recently updated Terms of Use …
This comprehensive quick-reference guide to the proper use of Return Reason Codes and Notification of Change Codes is a must-have resource to help ensure your compliance! This handy digital booklet also includes a table of Return Reason Codes; Transaction …
It’s an issue vexing financial institutions big and small—while keeping Nacha’s National System of Fines busy handling disputes: proof of authorization. “There’s a lot of confusion surrounding what constitutes a valid proof of authorization,” said Lorie …
Buy Now, Pay Later (BNPL) has exploded over the past year as a payments method. Although the general concept is not particularly new – buying items “on layaway” was popular for decades after the Great Depression, and installment lending was the most …
Shauna Wesley-Baxley remembers a time when Johnson & Johnson Insurance made all its payments—from vendor and payroll to consumer reimbursements—by check, and she’s not nostalgic for it. “A nightmare between filing and trying to keep track of everything,” …
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 …
HERNDON, Virginia, Dec.13, 2022 – Nacha's Phixius service announced today that financial institutions and service providers have processed more than 2 million payment-related transactions on the platform this year. Phixius provides for the exchange of …