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The Payments Innovation Alliance’s Cybersecurity Response Project Team develops tools and resources to help organizations understand evolving threats related to potential cyberattacks. On October 12, 2023, the project team released a cybersecurity …
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 …
It’s been more than three years now—July 2020, to be exact—since the ACH Contact Registry went live. And as recently as August of last year, Nacha let everyone know it’s running spot checks on the data within the registry. Those checks are about to be …