According to Pymnts, Nacha
president and CEO Jane Larimer said, 'Minimising payments risk and fraud is vitally important, and account validation solutions have a key role to play in that.
Ignacia Ponciano, known as "Nacha
," starting working with the Rodriguez family 30 years ago in Mexico City -- the first place she found both a home and a job (AFP / MANILA BULLETIN)
"As the adoption of Same Day ACH continues to grow, NACHA
will seek to continue to expand the capabilities of Same Day ACH and the ACH Network," concluded Larimer.
The IFX Forum will remain a nonprofit and become an independent group inside of NACHA
, the groups said.
(23) Though NACHA
has reiterated that ODFIs bear the bulk of the risk when originating ACH transactions, the issue becomes more nuanced when "nested" third parties ("Nested-Third-Party Sender") (24) initiate entries through ODFIs on behalf of originators with high return rates, such as payday lenders.
The company is a Regional Payments Association direct member of NACHA
- The Electronic Payments Association.
In September of this year, NACHA
will roll out same-day settlement for ACH credits, to be followed in September 2017 by same-day settlement for ACH debits.
Thayambaka (Kerala) GOBIND RAM NIRMALKAR: Nacha
The Electronic Payments Association has adopted a new healthcare payments rule as part of the NACHA
wrapped her legs around the rope that hung from the jacaranda tree in the center of the town.
The Electronic Payments Association (NACHA
) and PayltGreen have created a simple calculator that banks can encourage small businesses to use to reveal any business' carbon footprint savings by switching to direct deposit: