The proposed rule change would expand the definition of Internet-Initiated Entries (WEB) to include ACH debits authorised and/or initiated via mobile networks. Nacha says the changes would clarify ...

HERNDON, Va., March 18, 2024--(BUSINESS WIRE)--Nacha members have approved a set of rules intended to reduce the incidence of frauds, such as business email compromise (BEC), that make use of ...

Funded by the financial institutions it governs, Nacha’s purpose is to develop rules, standards, governance, education, advocacy and innovation for those that use the ACH network; this is the ...

One is Regulation E (12 C.F.R. Part 210). The other are the Operating Rules & Guidelines (the “Nacha Rules”), published by National Automated Clearing House Association (“Nacha”), a ...

The Identifee Digital Assistant (IDA) Artificial Intelligence (AI) tool references the latest version of the Nacha Operating Rules and Guidelines. IDA enhances the usability of the Nacha Operating ...

Nacha proposed the rules changes last November. Adoption of the new industry rules comes as banks face pressure from regulators to scrutinize transactions involving payday lenders and other online ...

DUBLIN--(BUSINESS WIRE)--The "New 2018 NACHA Operating Rules" webinar has been added to ResearchAndMarkets.com's offering. The NACHA Operating Rules need to be followed by all financial ...

On March 18, Nacha announced rule amendments intended to reduce the incidence of frauds that leverage credit-push payments, such as vendor impersonation and business email compromise (BEC).

The LexAlign platform built for banks and their Originators automates the compliance audit process to address exposure to payments fraud and ensure adherence to the Nacha Rules and applicable laws.

The impetus for the newly approved Rules came in late 2022 when Nacha released its strategy “Risk Management Framework for the Era of Credit-Push Fraud.” The strategy expanded the focus of ...