Protecting payments: How real-time account validation enables safer transactions

Protecting payments: How real-time account validation enables safer transactions

The desire from both consumers and businesses for faster and easier electronic payments continues to drive an increase in ACH transactions year after year. Largely fueled by strong growth in same day ACH and business to business payments, the governing body of the ACH Network, Nacha, reported that total ACH transaction volume grew to 31.5 billion payments valued at $80.1 trillion in 2023. This represents a 4.8% increase in transactions over 2022 and an increase in overall payment value of 4.4%.1

While ACH payments facilitate fast and convenient transactions, a major plus for consumers and businesses, they have also attracted the attention of criminals seeing an opportunity to capitalize on this high-volume channel.

Download the guide to explore how implementing real-time account validation can help your bank, credit union, or organization:

  • Reduce losses from fraud
  • Maintain compliance with the Nacha WEB Debit Account Validation rule
  • Increase operational efficiency and accurately disburse funds

Download the Guide

By submitting the form below, you agree that the information you have provided is subject to our Privacy Policy.