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19 results related to "Account Validation"
April 27, 2025
Phixius by Nacha: A Secure Payment Information Network for Reducing Risk
… Account validation is vital to mitigating payment risk and for … information network that delivers on these needs by linking account validation requesters with data responders. Phixius is a …
January 14, 2025
ACH Operations Bulletin #4-2024-Importance of Maintaining Up-to-Date Routing Transit Numbers
… payment system that reaches all U.S. bank and credit union accounts. ACH payments are routed utilizing the routing … financial institution to be posted to the authorized account. Similarly, because the originating institution’s … respectively) have specific rules requiring routing number validation. These rules require an Originator to establish …
May 7, 2024
Phixius by Nacha Partners with ValidiFI to Enhance Account Validation Coverage
… with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and …
October 23, 2023
Phixius by Nacha Surpasses 4 Million Account Validations
… successfully validated information for more than 4 million accounts since its first validation in March 2021. This accomplishment highlights its … while reducing return rates. Phixius attaining 4 million account validations along with other applications available …
October 2, 2023
Proof of Authorization Complaints Keeping System of Fines Busy
… the name on the authorization doesn’t match a name of an account holder of the account being debited. The RDFI then disputes this as an …
March 9, 2023
Afinis Interoperability Standards Releases New APIs to Help Businesses with Cash Management Decisions
… the U.S. and globally. The new APIs are: Get Corporate Account Balances: enables corporate customers of a financial … institution to retrieve balance information for their account(s).  Get Corporate Transaction History: allows … a submitted payment instruction. Real-Time Billing Account Validation: enables bill pay providers to complete a …
March 9, 2023
Phixius, Nacha’s Platform to Enable the Sharing of Payment-Related Information, Adds Three Participants So Far in 2021
… with the capability to reach all U.S. bank and credit union accounts. Nearly 27 billion ACH Network payments were made …
March 9, 2023
Been to Nacha’s Corporates Resource Center Lately? New Resources are Available
… short videos on other topics including new Rules such as Account Validation and higher dollar limits for Same Day ACH. But …
March 9, 2023
Account Validation Rule Live March 19
… and mobile devices. With that growth comes a need to ensure account information is accurate before ACH debits are … Detection Standards for WEB Debits Rule – often called the Account Validation Rule. Whichever name is used, it goes into effect …

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