Nacha Preferred Partner Program Adds Four New Categories
2024年8月1日 - 11:00PM
ビジネスワイヤ(英語)
Four new categories of Nacha Preferred Partners were unveiled
today, doubling the number of categories available for
organizations to showcase their leadership in the ACH Network.
Nacha Preferred Partners offer products and services that align
with Nacha’s core strategies to advance the modern ACH Network. The
new categories are:
- Account Validation: Boosting transaction accuracy and reducing
risk on the ACH Network through advanced verification technologies,
real-time validation and fraud detection mechanisms.
- Fraud Monitoring: Enhancing ACH transaction security and
reliability through the utilization of machine learning, real-time
data analysis, and analysis of transaction patterns and
behaviors.
- ISO 20022: Enhancing interoperability and improving operational
processes through the translation of ACH and ISO 20022 payment
messaging.
- Open Banking: Advancing integration and collaboration between
financial institutions and third-party service providers to
facilitate ACH transactions, reinforcing security, providing
valuable data insights, improving access to the network and
enhancing the customer experience.
“Our Nacha Preferred Partner offerings are evolving to help meet
the needs and challenges facing participants in the ACH community.
These new categories identify and recognize the ways ACH is
strengthened and utilized,” said Stephanie Prebish, AAP, APRP, CTP,
Nacha Senior Managing Director, Association Services. “Nacha looks
forward to welcoming new organizations into the Preferred Partner
fold as we work together to ensure that the ACH Network continues
to grow and thrive.”
There are now seven Nacha Preferred Partner categories. The
original three are:
- ACH Experience: Removing friction and/or enhancing the ways
customers send or receive ACH payments.
- Compliance: Complying with an existing, upcoming or planned ACH
Rule.
- Risk and Fraud Prevention: Implementing practices, tools and/or
solutions to mitigate ACH payment risk and fraud.
To learn more about the Nacha Preferred Partner program and how
to join the 27 organizations that are already Preferred Partners,
visit us at https://www.nacha.org/preferred-partners.
About Nacha
Nacha governs the thriving ACH Network, the payment system that
drives safe, smart, and fast Direct Deposits and Direct Payments
with the capability to reach all U.S. bank and credit union
accounts. There were 31.5 billion ACH Network payments made in
2023, valued at $80.1 trillion. Through problem-solving and
consensus-building among diverse payment industry stakeholders,
Nacha advances innovation and interoperability in the payments
system. Nacha develops rules and standards, provides industry
solutions, and delivers education, accreditation, and advisory
services.
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version on businesswire.com: https://www.businesswire.com/news/home/20240801773304/en/
Dan Roth Nacha 571-579-0720 media@nacha.org