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As users of the ACH Network contemplate data quality, risk and compliance strategies, they should be aware that on March 18, 2022, Nacha’s ACH WEB Debit “Account Validation Rule” becomes enforceable. The rule requires that the first use of an account …
Nacha’s Phixius Platform Announces Partnership with Aliaswire to Provide Small Volume ACH Users Account Verification Option
HERNDON, Virginia, June 6, 2022 – Today, Nacha announced a partnership with Phixius and Aliaswire that will enable financial institutions, fintechs and businesses that originate a small volume of ACH transactions to comply with Nacha’s WEB Debit Account …