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Rooting Out Routing Number Issues to Increase ACH Payments
Overview
Date
03:55 PM - 04:45 PM (0 hours 50 minutes)
Tuesday, April 29
Track
ACH
Event
In-person
Bank routing numbers, those nine-digit 20th century bank identifiers, are colliding with current 21st century methodologies for payment approval. In this session, panelists present the root cause analysis for routing number validation failure, discuss the costs to the industry and provide Nacha’s remediation strategies and recommendations.