While Account Clearing House (ACH) transactions are preferred by many organizations due to their lower fees, fraudsters also are using ACH to steal identities, take over accounts, and impersonate vendors. As a result, NACHA, the national administrator of the ACH network, is instituting a new rule that will take effect on January 1, 2020, requiring ACH payment originators to use account validation to screen web debits for fraud. To find out how you can quickly comply with this new rule and beat fraudsters at their game, watch our on-demand webinar.
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During this informational on-demand webinar Amy Morris, Senior Director of ACH Network Rules at Nacha, joined us and helped answer questions about the new Nacha rule.
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