Phixius by Nacha has successfully validated information for more than 4 million accounts since its first validation in March 2021.

It breaks my heart to share the news that Nacha’s beloved George Throckmorton has passed away. George was a colleague, a confidant and a friend.

Nacha President and CEO Jane Larimer looks at some of the many exciting happenings in store for 2023.

Nacha's Phixius service announced today that financial institutions and service providers have processed more than 2 million payment-related transactions on the platform this year.

Some of Nacha’s top leaders were among those informing and enlightening participants at AFP 2022 in Philadelphia.

Nacha’s Phixius service announced today that financial institutions and service providers in the Phixius network have utilized the service more than 1 million times so far this year to verify payment-related data.

Today, Nacha announced a partnership with Phixius and Aliaswire that will enable financial institutions, fintechs and businesses that originate a small volume of ACH transactions to comply with Nacha’s WEB Debit Account Validation Rule.

As the date for enforcement draws near, some companies, payment fintechs and financial institutions are actively seeking solutions to comply with the Account Validation Rule. Phixius is one method to both adhere to the Nacha Account Validation Rule and provide a safe and secure way to verify and validate ACH account information. 

Nacha’s Phixius platform announced interested parties can participate in its Account Ownership Verification Application, which will be available in the first quarter of this year.

Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha today announced that Aliaswire will join the Phixius Peer-to-Peer Network for the exchange of payment-related data. 

Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.

Afinis Interoperability Standards released two APIs to assist financial institutions’ business clients with account ownership validation and with payment initiation. Afinis is a membership-based organization that focuses on the rapid delivery of APIs and other financial services standards across the U.S. and globally.

The last year and a half was turbulent, but through it all the ACH Network delivered for Americans when they needed it most, while also preparing for a strong future, Nacha President and CEO Jane Larimer said.

Nacha recently filed comments in response to a request related to “Healthcare Standards Development, Adoption and Implementation” from the National Committee on Vital Health and Statistics (NCVHS).

Adopting the new application programming interfaces will help corporate banking customers better access detailed financial data across banking platforms.

When it comes to B2B, sometimes processing payments can be a job in and of itself. Moving the money isn’t complicated, but what’s involved before and after a payment is. Those are among the reasons why Nacha created Phixius.

Nacha announces Phixius, a platform that facilitates the trusted exchange of payment-related information, has onboarded three participants so far in 2021.