On-Demand Webinar: Choosing an Account Validation Solution That Meets Nacha's New Rule: Discussion with Nacha Expert
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While Nacha’s WEB Debit Account Validation Rule took effect on March 19, 2021, this rule won’t be enforced for one full year to give organizations more time to add account validation to their fraud detection system. In our webinar, we’ll feature an expert from Nacha who will discuss what the new rule means and the steps many businesses are taking now to meet the rule by next year.
Watch our on-demand webinar to find out more about the requirements and learn how to find the right account validation solution for your specific needs. We cover how to validate consumers’ accounts prior to the first debit transaction, and even go beyond that with additional layers of account validation to reduce the risk of fraud and failed payments.
In this on-demand webinar, we discuss:
How Nacha defines a commercially reasonable fraud detection system
How to evaluate account verification vendors
Steps for meeting Nacha’s new rule and even exceeding it
Powerful solutions for reducing fraud and NSF (non-sufficient funds) fees
Why Envestnet | Yodlee is a Nacha-Preferred Partner for account validation