Banking Fintech News

ACI Payments Receives Nacha Certified Status for its Bill Payment Offering

ACI Payments Receives Nacha Certified Status for its Bill Payment Offering

ACI Worldwide, a leading global provider of real-time electronic payment and banking solutions, announced that its subsidiary, ACI Payments, Inc., has received Nacha Certified status. The Nacha certification verifies that ACI has achieved the highest standards of ACH payment processing outlined by Nacha for its bill payments solution, ACI Speedpay. The company has been Nacha Certified since 2018.

Read More: Entrust Datacard Solves Evolving Identity and Encryption Needs with Latest PKI Platform

ACI Payments Receives Nacha Certified Status for its Bill Payment Offering @ACI_Worldwide #payments #fintech #billpay

Nacha is a nonprofit organization that convenes hundreds of diverse organizations to enhance and enable electronic payments and financial data exchange within the U.S. and across geographies. It supports the development of rules, standards, governance, education, advocacy and innovation, which benefits providers and users of those systems.

Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology

“Our clients expect us to meet all compliance and regulatory requirements when processing ACH payments,” said Sanjay Gupta, executive vice president, ACI Worldwide. “Achieving Nacha Certified status gives them that peace of mind and continues to position us as a leader in the bill payments market.”

“Nacha certification is a thorough and comprehensive process,” said Michael Herd, senior vice president, ACH Network Administration, Nacha. “For organizations that rely on ACI for its bill payment services, having Nacha standards for sound core practices in ACH payment processing is important.”

ACI Speedpay is an integrated suite of PCI-compliant and Nacha Certified bill presentment and payment services that powers mobile, web, IVR (interactive voice response), eBill, call center and eLockbox (consolidated remittances) payment options with integrated fraud protection and flexible payment restructure plan options. The solution is utilized by thousands of customers across multiple industries, including consumer finance, government, healthcare, higher education, insurance, subscription services and utilities.

Read More: Equifax Launches Innovative New Solutions for Credit Monitoring and Identity Theft Protection

Related posts

Truv Announces Integration With the Leading Digital Lending Software ICE Mortgage Technology

Fintech News Desk

Vergent LMS Partners with Payliance for Lender Payment Services

Fintech News Desk

Bharti AXA Life Champions Female Entrepreneurs This International Women’s Day

Fintech News Desk
1