ACH payments soared to over $86.2 trillion in 2024, and payment volumes are increasing by over $1 trillion per year. Fraudsters have their eyes on that money. To combat this, NACHA has created new requirements for receiving institutions—and the compliance deadline is less than a year away.
Learn how Nasdaq Verafin’s ACH solution will help you:
- Align Standard Entry Class (SEC) codes with expected transaction types
- Review transactions with suspicious dollar amounts
- Monitor the age of the receiving account to detect anomalies
- Flag multiple similar credit entries over a short period
- Identify transactions directed to dormant or newly opened accounts
- …And more.
Learn how to meet this fast-approaching compliance deadline!
