Tag: Risk Management
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July 15, 2025 – Nacha's Payments Innovation Alliance, a membership program that brings together diverse global stakeholders seeking to transform the payments industry, has released a new educational video, Protecting Payments in the Quantum Era: Prepare for Impact.
There are multiple reasons why Nacha’s new fraud monitoring rules are important, but perhaps nothing brings the point home better than a story William Mills told at Smarter Faster Payments Remote Connect 2025.
Nacha’s Risk Retreat is not your typical learning experience.
NEW ORLEANS—If ever there was a case where misery loves company, it’s fraud.
“Fraud is a global issue. I think we all know it’s not just a domestic one in payments,” said Jane Larimer, Nacha President and CEO.
These Rule amendments related to monitoring for fraud become effective on March 20, 2026 and are part of a larger Risk Management package intended to reduce the incidence of successful fraud attempts and improve the recovery of funds after frauds have occurred.
For anyone working in ACH, the ACH Risk Management Handbook belongs not on your bookshelf, but on your desk.
NEW ORLEANS—Jordan Bennett was working at the Federal Reserve when Hurricane Katrina slammed the Gulf Coast, and he remembers banks needing their ACH files as lines of communication were cut.
NEW ORLEANS—It’s bad enough when anyone falls victim to credit-push fraud, but some cases really make Tim Thorson’s blood boil.
It’s a figure even the FBI called “staggering”: The losses reported to its Internet Crime Complaint Center (IC3) in 2024 totaled $16.6 billion, the bulk of which came from fraud. And among those frauds, business email compromise (BEC) remained a pervasive threat.
Even as business-to-business payments continue increasing on the ACH Network, a new survey finds the number of organizations using checks actually climbed last year, leaving experts wondering if there’s been a serious misunderstanding.
The Nacha Rules require financial institutions to establish, implement, and periodically review exposure limits for their Third-Party Sender (TPS) customers and for their Originator customers. Third-Party Senders are also required to do the same for their Originator customers.