The National Automated Clearing House Association is getting tougher as an enforcer.

The Herndon, Va.-based association, the private-sector rulemaking body for the paperless payments that flow through automated clearing houses, will for the first time impose financial penalties for misuse or noncompliance.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.