Tagged: nacha

Nacha Announces MX as Preferred Partner for Risk Management, Fraud Prevention

MX is now a Nacha Preferred Partner Program for Risk Management and Fraud Prevention. In becoming a Preferred Partner, MX joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha’s core strategies “to advance the ACH Network.”… Read More

Fintech Dwolla Celebrates Nacha’s Announcement of Same Day ACH Transaction Limit Increase

Dwolla, a Fintech powering innovation with sophisticated account-to-account payment solutions, “celebrates” Nacha‘s announcement of the Same Day ACH transaction limit increase “from $100,000 to $1 million.” Effective March 18, the $1 million limit was “applied to all Same Day ACH transactions.” Dwolla expects this update… Read More

Nacha’s Payments Innovation Alliance Publishes Update Clarifying Contractual Considerations of Voice Payments

Nacha‘s Payments Innovation Alliance has created a legal and risk mitigation resource guide for financial institutions seeking “to implement voice payments capabilities and applications (skills) through smart devices, such as the Amazon Echo and Google Nest.” As part of the series of Alliance Executive Briefings… Read More

Aliaswire Debuts New Account Validation Tool in Advance of New Nacha Requirements March 19

Aliaswire, a provider of digital payment and credit solutions, today announced the addition of a new bank account validation (BAV) solution for banks and their commercial clients. The company said it is in preparation for the pending enforcement of a new web debit rule which… Read More

Aliasware to Join Nacha’s Phixius Peer to Peer Network for Exchange of Payments related Data

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Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha have revealed that Aliaswire will be joining the Phixius Peer-to-Peer Network for the exchange of payment-related data. Established and operated by Nacha, the Phixius Peer-to-Peer Network enables participants to… Read More

Nonprofit Organization Nacha Names Plaid As a Preferred Partner For Account Validation

Nacha, a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable ACH payments and financial data exchange within the U.S. and across geographies, announced on Thursday it has named Plaid as one of its preferred partners for account validation. According to Nacha,… Read More

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