3 results related to "Direct Deposit"
… from insurance companies,” said Brad Smith, Nacha Senior Director, Industry Engagement and Advocacy. “Nacha has heard time and again that having claim payments Direct Deposited by EFT to a practice’s bank account is not only …
… of the main themes discussed was the role that Receiving Depository Financial Institutions (RDFIs) should play in … to an account at the receiving institution. Funds are directed to and concentrated in an account(s) controlled by … to these accounts because they differ from the type of deposit activity anticipated for the account. The Bank …
… where Nacha’s Industry Verticals team comes in. “Mention Direct Deposit and the light bulb comes on, but ACH is a whole lot … of education to be done,” said Brad Smith, Nacha Senior Director, Industry Engagement and Advocacy. “It starts with …