NACHA’s New Rules: What your institution needs to know
Nasdaq Verafin
October 16, 2024
NACHA has released new rules to strengthen their network against scams such as APP fraud. Our new infographic examines how your institution can ensure compliance with evolving regulations and how consortium approaches can proactively combat ACH fraud.
About Nasdaq Verafin
Nasdaq Verafin is the industry leader in enterprise financial crime management, providing a cloud-based, secure software platform for fraud detection and management, BSA/AML compliance and management, high-risk customer management and information sharing. More than 1,200 credit unions use Nasdaq Verafin to effectively fight financial crime and comply with regulations. Leveraging its unique big data intelligence, visual storytelling and collaborative investigation capabilities, Nasdaq Verafin reduces false positive alerts, delivers context-rich insights and streamlines BSA/AML compliance processes. Nasdaq Verafin has industry endorsements in 45 states, including the TBA, WBA, FBA, MBA, and CUNA Strategic Services.