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Smarter Faster Payments 2025

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      What is ACH and how does it affect your life? Here’s what you need to know.
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6 results related to "B2B Payments"
April 16, 2024
AFP Report Finds Check Fraud on the Rise
… the number of organizations reporting attempted or actual payments fraud rose considerably in 2023, new research found. The “2024 AFP Payments Fraud and Control Survey Report” showed the number … Executive Vice President, ACH Network Administration. “B2B volume on the ACH Network climbed almost 11% last year, …
May 23, 2023
Business Email Compromise and Check Fraud Continue to Hit U.S. Businesses, Report Finds
… were targeted by BEC attacks, according to the “2021 AFP Payments Fraud and Control Survey Report.” BEC typically … the fact that organizations are using fewer checks in their B2B transactions as well as increasing the use of electronic … Administration.  “The pandemic has accelerated the shift in B2B payments from check to ACH. B2B payment volume on the …
May 11, 2023
Nacha Announces First Live Transactions on the Phixius Platform
… the launch of Phixius, which is aimed at making business payments more efficient and secure.”  “Nacha’s holistic and … “We are excited to offer a utility such as Phixius to the payments industry.”  Phixius provides interoperability … Nacha also leads groups focused on API standardization and B2B payment enablement. Visit nacha.org for more …
May 9, 2023
FBI and AFP Reports Warn Business Email Compromise Remains a Threat
… and personal email accounts and a request to send wire payments to fraudulent bank accounts.”  “More recently, … shift from checks to electronic for business-to-business (B2B) payments. Nacha earlier reported an 11.8% increase in B2B volume on the ACH Network from 2021 to 2022.  Checks …
March 9, 2023
RMAG Survey Finds Quick Acceptance of Third Window for Same Day ACH
… The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance … ODFIs, all said they were handling business-to-business (B2B) payments in the third Same Day ACH window. Payroll was cited …
March 9, 2023
Phixius: Moving the Exchange of Payments Information to the Next Level
… When it comes to B2B, sometimes processing payments can be a job in and of itself. Payment information … aspect. The practical aspect is the ease this can bring to B2B payments. Collecting the necessary information from new …

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