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07/05/2020
The urgency to defeat ACH transfer fraud (VB Live)
Venture Beat
As ACH transfers have increased, accelerated by the pandemic, so has ACH fraud. Now Nacha has launched new account validation requirements, opening important new opportunities. Join this VB Live event to learn how to turn fraud safety measures into consumer satisfaction, the best sources of fraud intelligence, and more.
The pandemic has thrown the payments world into flux as companies race to tackle the challenges that a new world order has brought, says Jason Carone, director of product management at Silicon Valley Bank.
“It’s an interesting time, because people are reinventing how they make payments, and how they move money around,” Carone says. “I anticipate that as the economy recovers, we’ll see some pretty radical changes in volumes and behaviors as people start rethinking how they do things.”
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