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August 24, 2020
On the wires
GIACT® Releases Report on Securing Faster Payments, Account Validation
“GIACT®, the leader in helping companies positively identify and authenticate customers, today announced a new report, Securing Faster Payments: Addressing the Account Validation Rule, on the rapid growth of ACH payments, the latest fraud trends surrounding faster payments as well as how to secure ACH transactions. The report comes in advance of Nacha’s upcoming WEB Debit Account Validation Rule, slated to take effect on March 19, 2021, and serves as a guide on how to apply proper account validation measures.”