ACH Is a Sieve of Fraud That Needs to Be Fixed
ACH, founded in 1974, is the main electronic network for financial transactions in the United States. About $12 trillion in around 5.5 billion transactions moved through ACH last quarter alone, according to its steward, NACHA, an industry group.
Source: ACH Is a Sieve of Fraud That Needs to Be Fixed | Bank Innovation | Bank Innovation
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