Business Email Compromise numbers are down in the newest AFP fraud survey, which also finds checks continue to be most susceptible to fraud.

Paychex has met the criteria to have its Nacha Certified status renewed through May 2024.

One of the best weapons in the fight against fraudsters is sharing information. It can also be one of the trickiest issues to navigate, given the many privacy concerns. Nacha’s Risk Management Advisory Group (RMAG) is working to address this.

Nacha’s new Third-Party Sender Roles and Responsibilities Rule changes come into effect on September 30, 2022.

Nacha has approved Nacha Certified status for Netchex, a provider of payroll and human resources services. 

Naysayers want you to believe there is no hope in preventing or surviving a ransomware attack, so you should just give up now.

Nacha’s Risk Management Advisory Group has been evaluating potential risk increases and decreases due to Same Day ACH. It has consistently found no justification to fears that Same Day ACH would introduce massive amounts of risk.

With the economic slowdown that resulted from the pandemic, the Nacha Risk Management Advisory Group (RMAG) updated its recommendations for ODFIs on sound business practice on exposure risk management. 

The Nacha Risk Management Advisory Group (RMAG) held a series of discussions on the topic of Third-Party Senders (TPSs) and the ODFIs that process for them. RMAG developed sound business practices for ODFIs for both the onboarding of new TPS clients and the ongoing monitoring of existing TPS clients.

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Access to the Rules & Guidelines helps to identify new opportunities to leverage the ACH Network to meet customer’s needs, while maintaining a clear understanding of network requirements.

One Inc, which delivers a frictionless payment experience to over 165 insurance companies, has met the rigorous standards to become a Nacha Certified Third-Party Sender. 

Nacha has approved Nacha Certified status for Bill.com, a leading cloud-based software platform which facilitates ACH payments. 

An industry resource – the ACH Contact Registry - was created for financial institutions to be able to more easily connect with other financial institutions about ACH operations, exceptions and risk management.

Nacha Certified is a voluntary accreditation program for Third-Party Senders that meet certification standards that demonstrate you’re meeting Nacha’s standards for sound core practices in ACH payment processing.