Payments in the United States are becoming faster. To gain a competitive advantage, some financial institutions offer consumers access to funds from an ACH credit before settlement, which is allowed under the Nacha Rules.
The payment industry is constantly evolving and innovating. So are the threats it faces. Scammers work hard conjuring up new tricks, which is why we can’t let our guard down for even a minute.
In just five short years, Same Day ACH – Nacha’s faster payments solution – has gained remarkable traction, with the payments community putting it to work in several use cases.