Originally Presented: August 16, 2024
Last year, NACHA’s ACH Network saw its eleventh straight year of growth exceeding $1 trillion as demand from consumers for electronic payments increased — and fraudsters are following the money. As Business Email Compromise (BEC) and other authorized push payment (APP) scams cause concern in the financial industry, NACHA has issued new rules to strengthen their network against these scams by promoting detection across the entirety of ACH payments — from origination to receipt.
Join Senior Sales Specialist Corey Lynch, and Andrew Muzzatti Lead – Marketing at Nasdaq Verafin, as they do a deep dive into these new rulings, and how Nasdaq Verafin can help navigate financial institutions through this new ACH landscape.
