2026 Nacha Fraud Monitoring Rule: What ACH Originators Need to Know
Beginning March 20, 2026, Phase 1 of Nacha’s new fraud monitoring requirements takes effect for certain high-volume non-consumer ACH Originators and Third-Party Senders. The rule requires covered organizations to use risk-based processes to monitor ACH credit transactions for fraud, including payments associated with unauthorized activity, false pretenses, and scams. The ACH Network is the backbone […]
Prevent ACH Payout Fraud: How the 2026 Nacha Rule Changes Payment Verification
Prevent ACH Payout Fraud: How the 2026 Nacha Rule Changes Payment Verification The 2026 Nacha rule requires organizations sending ACH payments to strengthen fraud monitoring. Here’s what the change means and how payment teams can reduce risk before funds are sent. March 2026 Key Takeaways New Nacha rules require organizations that originate ACH payments to […]
The Last Line of Defense: Guarding Against Accounts Payable Fraud in 2026
The Last Line of Defense: Guarding Against Accounts Payable Fraud in 2026 In the modern financial landscape, your cybersecurity stack—firewalls, encrypted emails, and multi-factor authentication—is designed to be a fortress. But what happens when a sophisticated fraudster finds a crack in the wall? In 2025, nearly 79% of organizations were targeted by payment fraud, and […]
The Front Line of Defense: Why Routing Number Verification is Crucial to Stop Payment Fraud in 2025
The Front Line of Defense: Why Routing Number Verification is Crucial to Stop Payment Fraud in 2025 The world of digital payments is advancing at an unprecedented pace. With the continued adoption of real-time payment rails in 2025, businesses can send and receive funds with unparalleled speed and efficiency. But this efficiency comes with a […]
The Benefits of Verifying Bank Accounts for Payroll
The Benefits of Verifying Bank Accounts for Payroll As any business leader knows, paying employees accurately and on time is fundamental to maintaining morale, productivity, and trust. With 93 percent of American workers opting to be paid through direct deposit, verifying the accuracy of every employee’s bank account information is critical to ensuring secure, compliant, […]
Protect Yourself From Financial Scams using Lyons Commercial Data
Protect Yourself From Financial Scams using Lyons Commercial Data Financial scams are becoming increasingly sophisticated. Two prominent scams involve the use of bogus routing numbers and sight drafts drawn on the U.S. Treasury. Scam #1: Fraudulent Use of Federal Reserve Routing Numbers Scammers deceive individuals into using Federal Reserve routing numbers for online payments. These […]
Preventing Payroll Fraud with Account Verification
Preventing Payroll Fraud with Account Verification Payroll fraud is a significant concern for businesses of all sizes, leading to financial losses, damaged employee trust, and potential legal consequences. Implementing a robust account verification solution is crucial in preventing payroll fraud and protecting your company and employees. In this blog post, we’ll explore how an account […]
Protecting Your Business from Accounts Payable and Invoice Fraud: The Importance of Account Verification
Protecting Your Business from Accounts Payable and Invoice Fraud: The Importance of Account Verification In today’s fast-paced business world, companies are increasingly vulnerable to various types of financial fraud, particularly in the areas of accounts payable and invoicing. These scams can have devastating effects on your business, customers, and reputation. Here we’ll explore common scams […]
Active vs. Passive Bank Account Verification
Active vs. Passive Bank Account Verification In today’s digital age, ensuring the accuracy and security of bank account information is paramount. As a business, you’re likely to encounter two primary methods of account verification: Active Account Verification and Passive Account Verification. Understanding the differences between these methods, along with their benefits and drawbacks, can help […]
Optimizing Bank Fraud Prevention at Scale
Optimizing Bank Fraud Prevention at Scale Banking fraud is a complex issue that has only been amplified in the digital era. As financial institutions strive to safeguard their operations, it’s critical that financial institutions take steps to ensure their fraud prevention framework is optimized to meet emerging threats. Common Types of Banking Fraud Banking fraud […]