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Consumer Alert: Understanding Payment Compliance Before It’s Too Late
According to Federal Trade Commission (FTC) data, consumers reported losing over $10 billion to fraud in 2023, a 14%...
How Will Digital Payments Help Media Businesses Prepare for Holiday Sales?
The holidays are just around the corner. Organizations gear up for increased sales and customer interactions. Studies...
Top 5 Rental Management Software for Landlords
Digitization has transformed several global financial services, banking, industrial, real estate, etc. industries....
How Machine Learning Reduces the Scope for Identity Fraud in Payments
Constantly banks implement new technologies to provide more efficient services to their customers. However, despite...
Payment Automation Trends for 2023
The digital age has driven more businesses to adopt new payment automation technologies. This transformation has...
Mitigating ACH Fraud Risk and Compliance Solutions by iCG for Nacha
The need for low-cost, faster payment systems is increasing every day. Here’s an excerpt from an article issued by Nacha
Post-Pandemic Payment Trends That Are Most Likely Here To Stay
The COVID-19 pandemic was one of the most disastrous global calamities of the century. It was inevitable for businesses...
Future of Digital Payments in 2023
“There is no reason anyone would want a computer in their home,” said Ken Olsen, founder of Digital Equipment Corp., in...
The Importance of Setting Up A Payments Hub for Banks and Corporates
People processed a whopping 181 billion real-time transactions worldwide in 2021 - the highest in history. We used...
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Important Check 21 Return Codes (With Details)
“Here is your PRD printout with the check 21 return code. We are sorry we need to halt this check processing,” the teller...
Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds right now! Does this mean...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every day. Understanding why a...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore, this time I got your back....
List of 20 ACH Payment Gateway (SEC) Codes for Banks
In the previous blog on ACH Payment Gateway SEC Codes, we answered the following questions: What are ACH Standard Entry...
5 Tips to Prevent Returned Mobile ACH Payments
“Are you kidding me? Another returned mobile ACH payments notification? I am so sick of these notifications! I don’t even...
ABCs of Third-Party Service Providers and Nested Third-Party Senders
In the previous blog, we discussed the roles and responsibilities of a third-party sender. We understood how funds flow...
What are P2P ACH Transactions?
The world of P2P ACH transactions is expanding to a whole different level. The year-on-year growth for the use of ACH...
QuickBooks ACH Payments in 10 Simple Steps
Modern-day improvements in the banking network have changed the accounting game completely. Technology like ACH can help...
Bank-Owned vs. Third-Party Payment Processing: What’s the Difference?
The demand for payment processing solutions is on the rise. The market size is projected to grow to $116 billion by 2027, up...
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Pending ACH Transaction? Here’s what to do!
“What is this? A pending ACH transaction? What does it even mean? Why can’t I access the funds...
Rejected ACH Transaction? Here’s What to Do!
A rejected ACH transaction is common for business owners who process hundreds of transfers every...
Complete List of ACH Notification of Change (NOC) Codes
“You made a mistake this time around. But don’t worry, I know it was not intentional. Therefore,...