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Account Validation Made Easy with Phixius by Nacha
Overview
Date
01:30 PM - 02:20 PM (0 hours 50 minutes)
Tuesday, June 09
Track
Payments in Practice
Event
Remote Connect
ACH account validation is a compliance requirement in some ACH payment use cases, and more importantly, it can significantly reduce ACH returns and the associated costs. In this session, attendees will learn account validation best practices to drive payment efficiencies, explore how leveraging network-based solutions can support the exchange and validation of payment-related information for more accurate transactions, understand how improved validation processes can reduce administrative return rates caused by incorrect or incomplete account information, and gain insights into ACH return rules and broader industry trends shaping account validation and payments risk management.
Speakers: