2020 NACHA ACH Data Security Rule Changes – Extension!
Effective dates for the NACHA ACH Data Security Rule changes have been extended by one year, to June 30, 2021 and June 30, 2022.
Universal Payment Identification Codes FAQ
What is UPIC? Universal Payment Identification Codes (UPICs) are unique account identifiers that mimic and take the place of real account numbers on electronic (ACH) payments. They allow organizations to store external payee payment instructions internally, without exposing sensitive information. They also allow organizations to receive more payments electronically and protect corporate accounts from fraud […]
Elire at Regional AFPs: Recap and ISO 20022 Presentation
Elire attended a handful of Regional AFP Conferences to promote changes to ISO 20022 payment formats and provide recommendations on compliance.