3 results related to "Direct Deposit"
… absence will be felt this year. You can see it in the Direct Deposit volume. While still a healthy 2 billion payments, … payments resulted in a 7.8% year-over-year decline in Direct Deposit volume. But also note that from Q1 of …
… 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 …
… 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 …